Property details
Description of 202 Derby Ln, Franklin, TN 37069
LOCATION, LOCATION! This charming ranch-style home is situated on an incredible lot surrounded by beautiful mature trees. Built in 1962, it offers the ease of one-level living with timeless character throughout. Updates include flooring, paint, windows and roof, providing a nice blend of vintage charm and modern improvements. Enjoy the peaceful setting, spacious yard, and endless potential to make this home your own. HOME IS BEING SOLD AS IS.
Listing updated:
Zoned schools: Walnut Grove Elementary, Grassland Middle School, Franklin High School (verify current zoning with the district).
LOCATION, LOCATION! This charming ranch-style home is situated on an incredible lot surrounded by beautiful mature trees. Built in 1962, it offers the ease of one-level living with timeless character throughout. Updates include flooring, paint, windows and roof, providing a nice blend of vintage charm and modern improvements. Enjoy the peaceful setting, spacious yard, and endless potential to make this home your own. HOME IS BEING SOLD AS IS.
| LAST UPDATED | 6/21/2026 | TRACT | Meadowgreen Acres |
|---|---|---|---|
| YEAR BUILT | 1962 | COUNTY | Williamson |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Walnut Grove Elementary |
|---|---|
| Jr. High School | Grassland Middle School |
| High School | Franklin High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Electric Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliance(s) |
| BASEMENT | None |
| CONSTRUCTION | Brick |
| HEAT | Central |
| INTERIOR | High Speed Internet |
| LOT | 0.5 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level |
| LOT DIMENSIONS | 129 X 130 |
| PARKING | Attached, Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Meadowgreen Acres |
| TAXES | 1791 |
| UTILITIES | Water Available, Cable Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
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About this home
202 Derby Ln, Franklin, TN 37069 is a 3-bedroom, 1.5-bath home in Franklin, TN 37069, offered at $749,900, about $463/sq ft across 1,619 sq ft.
At $463/sq ft, this home is about 24% above the Meadowgreen Acres median list price per square foot of $372.
Recently sold at Meadowgreen Acres: 11 comparable homes from $500,000 to $1,009,555, a median of $337/sq ft; this listing at $463/sq ft is about 37% above recent sold prices.
All-in, about $4,218/mo at 20% down (6.54% 30-yr).
At the current 6.54% 30-year rate, principal and interest on this home runs about $3,807/mo; at the 6.26% rate of about three months ago it would be roughly $3,696/mo; monthly P&I is about $111 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $149/mo) and insurance (about $262/mo)) run about $412/mo, roughly 10% of the all-in monthly payment.
Price & sale history
- County assessment: $365,900 total appraised value (land $130,000 + improvements $235,900).
- Listed at $749,900, about 105% above the county total appraised value ($365,900), the mass-appraisal basis rather than a market appraisal.
Last sale & county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
How is it priced in Franklin?
| Active listings | 27 |
|---|---|
| Median list price | $687,000 |
| Median $/sqft (list) | $372 |
As of (27 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this home compares in Meadowgreen Acres
At $463/sq ft, this home ranks in the 90th percentile of the 27 active homes in Meadowgreen Acres by price per square foot.
Computed by Grant Hammond from 27 active Meadowgreen Acres comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.
Williamson County home prices by school zone
Closed single-family sales, trailing 24 monthsHomes zoned to Franklin High closed at a median of $1,060,000 ($349/sq ft) over the past 24 months, across 774 single-family sales. That is the third-highest price per square foot of Williamson County's 9 high-school zones, 9% above the $319/sq ft countywide median.
RealTracs closed single-family sales, trailing 24 months, grouped by high-school attendance zone. Assignment depends on the exact address and can change; verify with the district before making an offer. Analysis by Grant Hammond, data via RealTracs (IDX).
Financing 202 Derby Ln, Franklin
The estimated monthly payment for 202 Derby Ln, Franklin is about $4,218: a conforming 30-year mortgage at 6.537% with 20% down, including property tax, insurance. Estimate only; not a loan offer or appraisal.
- Principal & interest: $3,807
- Property tax: $149
- Insurance (est.): $262
- Income to qualify: $180,781
- Cash to close: $172,477
- Equity at yr 5: $188,071
30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-07-14.
Property tax is the actual annual amount reported on the listing for this property, not a list-price estimate. Insurance/PMI are estimates; rate is editable. Estimate only; not a loan offer.
Frequently asked questions
How much does 202 Derby Ln cost?
202 Derby Ln is listed at $749,900, about $463 per square foot across 1,619 square feet (as of 06-21-2026).
What is the price per square foot for 202 Derby Ln?
202 Derby Ln is priced at $463 per square foot, 1,619 square feet at $749,900 (as of 06-21-2026).
Does 202 Derby Ln have an HOA?
No. 202 Derby Ln has no HOA dues, per the listing (as of 06-21-2026).
How big is the lot for 202 Derby Ln?
202 Derby Ln sits on a 0.5-acre lot, measuring approximately 129 X 130 (per the listing).
Does 202 Derby Ln have a basement?
No. 202 Derby Ln has no basement, per the listing.
When was 202 Derby Ln built?
202 Derby Ln was built in 1962.
What are the property taxes on 202 Derby Ln?
The annual property tax reported for 202 Derby Ln is about $1,791 (as reported on the listing, as of 06-21-2026).
What is the estimated monthly payment for 202 Derby Ln?
About $4,218 per month at 6.537% on a 30-year loan with 20% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.
What schools serve 202 Derby Ln?
202 Derby Ln is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School, per the listing. Verify current enrollment and zoning with the district.
Similar listings at Meadowgreen Acres
- 209 Stable Rd Franklin, $715,000, 3 bd / 2 ba, 1,607 sq ft
- 323 Colt Ln Franklin, $659,000, 4 bd / 2 ba, 1,832 sq ft
- 604 Meadowgreen Dr Franklin, $649,900, 3 bd / 2 ba, 2,200 sq ft
- 248 Derby Ln Franklin, $649,000, 3 bd / 3 ba, 2,475 sq ft
- 209 Cotton Ln Franklin, $899,500, 3 bd / 2 ba, 2,290 sq ft
- 225 Derby Ln Franklin, $999,999, 5 bd / 3.5 ba, 2,601 sq ft
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.