323 Colt Ln, Franklin, TN 37069
323 Colt Ln, Franklin, TN 37069, Active at $659,000 ($360/sq ft). 4 bd · 2 ba · 1,832 sqft · $360/sqft · 0.47 ac.
323 Colt Ln, Franklin, TN 37069, Active at $659,000 ($360/sq ft). 4 bd · 2 ba · 1,832 sqft · $360/sqft · 0.47 ac.
Active · $659,000
MLS #3242847 · listed June 28, 2026 · 27 days on market · updated July 9, 2026
4-bed, 2-bath home at 323 Colt Ln in Meadowgreen Acres, Franklin, 1,832 sqft, $659,000 ($360/sqft), by luxeSOUTH Realty.
323 Colt Ln is a 4-bedroom, 2-bath home in Franklin, TN 37069, offered at $659,000, about $360/sq ft across 1,832 sq ft.
At $360/sq ft, this home is priced in line with the Franklin 37069 list-price median of $367/sq ft.
Market read: the Franklin 37069 homes market is buyer-favored, at about 6.3 months of inventory.
All-in, about $3,945/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $550/mo, roughly 14% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this home runs about $3,395/mo; at the 6.277% rate of about three months ago it would be roughly $3,255/mo, so monthly P&I is about $140 higher now.
School zone: assigned to Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 323 Colt Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 9, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Complete reported fields for 323 Colt Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $89,000 | — | |
| Listed | $659,000 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 323 Colt Ln at $659,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $659,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 323 Colt Ln is about $3,945/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $3,395, estimated property tax $178, homeowners insurance $372. Estimate only; not a loan offer.
| Principal & interest | $3,395/mo |
|---|---|
| Property tax (est.) | $178/mo |
| Homeowners insurance (est.) | $372/mo |
| Estimated total | $3,945/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Williamson County (unincorporated) rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.68% | $3,053/mo | $3,603/mo | -$342/mo |
| 6.18% | $3,222/mo | $3,772/mo | -$173/mo |
| 6.68% | $3,395/mo | $3,945/mo | current |
| 7.18% | $3,571/mo | $4,121/mo | +$176/mo |
| 7.68% | $3,751/mo | $4,301/mo | +$356/mo |
Principal & interest on a 30-year fixed at 20% down ($527,200 loan), with property tax, insurance held constant at $550/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 323 Colt Ln runs about $3,945/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
The Williamson County appraised value of $369,400 trails the $659,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,201 now to roughly $2,142 (appraised value times the 25% Tennessee residential ratio times the Williamson County (unincorporated) rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
| Metric | This home | Franklin 37069 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $360 | $367 median | - |
| Price position | 46th pctile | -2% vs median | - |
This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $360/sq ft, this home ranks in the 46th percentile of the 148 active homes in Franklin 37069 by price per square foot.
Computed by Grant Hammond from 148 Franklin 37069 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX).
| Active listings | 165 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 26.2 sales / mo |
| Months of inventory | 6.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37069 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 homes closings. Source RealTracs via IDX, as of 2026-07-22.
323 Colt Ln sits in Meadowgreen Acres, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $367 per square foot; inventory in Franklin 37069 homes is running at about 6.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
323 Colt Ln is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 323 Colt Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 323 Colt Ln, by price and size.
Listed with luxeSOUTH Realty. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
Country music star Kenny Chesney purchased a Franklin mansion from Jimmy Franks, representing one of the most notable celebrity real estate transactions in Williamson County.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
June 2026 Middle Tennessee real estate data shows the average sale price up 7% year over year to $682,835, active inventory up 8%, and new contracts up 12% even as closings fell 4% and new listings dropped 16%. Months of supply rose to 4.8. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (July 9, 2026), 323 Colt Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
323 Colt Ln, Franklin is listed at $659,000, about $360 per square foot across 1,832 square feet.
4 bedrooms and 2 bathrooms.
About $360 per square foot ($659,000 across 1,832 sqft).
323 Colt Ln, Franklin was built in 1962.
No garage is reported in the listing.
No HOA dues are reported for this home.
323 Colt Ln, Franklin is in the Meadowgreen Acres subdivision of Franklin.
About $3,945 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $3,395, estimated property tax $178, insurance $372. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
323 Colt Ln, Franklin is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 323 Colt Ln, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $360 per square foot, 323 Colt Ln, Franklin ranks in the 46th percentile of active Franklin 37069 listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37069 homes market is currently buyer-favored (ample supply), at about 6.3 months of inventory, per RealTracs as of 2026-07-22.
Thinking of selling in Meadowgreen Acres?
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