520 Cobert Ln, Franklin, TN 37064
520 Cobert Ln, Franklin, TN 37064, Active at $575,000 ($328/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,755 sqft · $328/sqft · 0.04 ac.
520 Cobert Ln, Franklin, TN 37064, Active at $575,000 ($328/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,755 sqft · $328/sqft · 0.04 ac.
Active · $575,000
MLS #3246081 · listed June 28, 2026 · 27 days on market · updated July 9, 2026
3-bed, 2.5-bath condo at 520 Cobert Ln in Lockwood Glen Sec 1, Franklin, 1,755 sqft, $575,000 ($328/sqft), by Zeitlin Sotheby's International Realty.
520 Cobert Ln is a 3-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $575,000, about $328/sq ft across 1,755 sq ft.
At $328/sq ft, this condo is priced in line with the Lockwood Glen list-price median of $321/sq ft.
Market read: the Franklin 37064 condos market is buyer-favored, at about 10 months of inventory.
All-in, about $3,873/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $911/mo, roughly 24% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this condo runs about $2,962/mo; at the 6.277% rate of about three months ago it would be roughly $2,840/mo, so monthly P&I is about $122 higher now.
Next step: ask Grant Hammond anything about 520 Cobert 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 condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Complete reported fields for 520 Cobert Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $575,000 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 520 Cobert Ln at $575,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $575,000 |
|---|---|
| HOA dues | $374 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 520 Cobert Ln is about $3,873/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $2,962, estimated property tax $191, homeowners insurance $346, and HOA dues $374. Estimate only; not a loan offer.
| Principal & interest | $2,962/mo |
|---|---|
| Property tax (est.) | $191/mo |
| Homeowners insurance (est.) | $346/mo |
| HOA dues | $374/mo |
| Estimated total | $3,873/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Franklin, Williamson County 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% | $2,664/mo | $3,575/mo | -$298/mo |
| 6.18% | $2,811/mo | $3,722/mo | -$151/mo |
| 6.68% | $2,962/mo | $3,873/mo | current |
| 7.18% | $3,116/mo | $4,027/mo | +$154/mo |
| 7.68% | $3,273/mo | $4,184/mo | +$311/mo |
Principal & interest on a 30-year fixed at 20% down ($460,000 loan), with property tax, insurance, and HOA held constant at $911/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 520 Cobert Ln runs about $3,873/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.
| HOA dues | $374 / mo (about 10% of the estimated total payment) |
|---|---|
| HOA per year | $4,488 |
| HOA over 5 years | $22,440 (at current dues) |
| Effective carrying cost | $2.207 / sq ft / mo (estimated total over 1,755 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
The Williamson County appraised value of $330,000 trails the $575,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,317 now to roughly $2,294 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County 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 condo | Lockwood Glen active | Recently sold |
|---|---|---|---|
| Price / sq ft | $328 | $321 median | - |
| Price position | 71st pctile | +2% vs median | - |
| Lockwood Glen vs Franklin 37064 area | - | -22% | - |
This listing beside the active Lockwood Glen market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $328/sq ft, this condo ranks in the 71st percentile of the 8 active condos in Lockwood Glen by price per square foot.
Lockwood Glen trades about 22% below Franklin 37064 area on a price-per-square-foot basis.
Taken together, this condo reads toward the higher end per square foot for Lockwood Glen.
Computed by Grant Hammond from 8 Lockwood Glen comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
Median closed price and price per square foot by unit size in Lockwood Glen Sec 1, from the last 24 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| 3 BR | $707,500 | $319 | 14 |
| 4+ BR | $897,000 | $315 | 19 |
Computed by Grant Hammond from recorded Lockwood Glen Sec 1 closings, grouped by unit size (RealTracs via IDX).
In Lockwood Glen Sec 1, the median sale price per square foot has moved from about $313 (2025-07) to about $295 (2026-06), roughly 6% down across the last 9 months of recorded sales.
Computed by Grant Hammond from the monthly price-per-square-foot of recorded Lockwood Glen Sec 1 closings (RealTracs via IDX).
| Active listings | 230 in Franklin 37064 condos |
|---|---|
| Recent absorption | about 23 sales / mo |
| Months of inventory | 10 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 condos closings. Source RealTracs via IDX, as of 2026-07-22.
520 Cobert Ln sits in Lockwood Glen Sec 1, Franklin, Williamson County.
In Lockwood Glen, homes there are priced around $321 per square foot; inventory in Franklin 37064 condos is running at about 10 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
520 Cobert Ln is zoned for Trinity Elementary, Fred J Page Middle School, Fred J Page 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 520 Cobert Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 520 Cobert Ln, by price and size.
Listed with Zeitlin Sotheby's International 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.
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As of the latest update (July 9, 2026), 520 Cobert Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
520 Cobert Ln, Franklin is listed at $575,000, about $328 per square foot across 1,755 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $328 per square foot ($575,000 across 1,755 sqft).
520 Cobert Ln, Franklin was built in 2014.
Yes, 1 garage spaces, per the listing.
HOA dues are $374 per month, as listed.
520 Cobert Ln, Franklin is in the Lockwood Glen Sec 1 subdivision of Franklin.
About $3,873 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $2,962, estimated property tax $191, insurance $346, and HOA $374. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
520 Cobert Ln, Franklin is zoned for Trinity Elementary, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
Pets are permitted at 520 Cobert Ln, Franklin, as listed. Any breed, size, or number limits are set by the HOA or owner; confirm the current pet policy before relying on it.
HOA dues are $374 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $328 per square foot, 520 Cobert Ln, Franklin is in the 71st percentile of active listings in the Lockwood Glen, about 2% above the $321 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
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 $328 per square foot, 520 Cobert Ln, Franklin ranks in the 71st percentile of active Lockwood Glen listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 condos market is currently buyer-favored (ample supply), at about 10 months of inventory, per RealTracs as of 2026-07-22.
Thinking of selling in Lockwood Glen Sec 1?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.