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1505 Hillsboro Rd, Franklin, TN 37069

1505 Hillsboro Rd, Franklin, TN 37069, Active at $900,000 ($616/sq ft). 3 bd · 1.5 ba (1 full, 1 half) · 1,460 sqft · $616/sqft · 1.68 ac.

Active · $900,000

3 beds1.5 baths1,460 sq ft$616 /sq ft1.68 acres

MLS #3252113 · listed June 29, 2026 · 115 days on market · updated August 28, 2026

3-bed, 1.5-bath home at 1505 Hillsboro Rd in Hillsboro, Franklin, 1,460 sqft, $900,000 ($616/sqft), by Partners Real Estate, LLC.

The quick read

1505 Hillsboro Rd is a 3-bedroom, 1.5-bath home in Franklin, TN 37069, offered at $900,000, about $616/sq ft across 1,460 sq ft.

At $616/sq ft, this home is about 72% above the Franklin 37069 median list price per square foot of $359.

Recently sold in Franklin 37069: 148 comparable homes from $588,500 to $1,200,000, a median of $317/sq ft.

Market read: the Franklin 37069 homes market is balanced, at about 3.2 months of inventory; recent sales have closed near 98% of list over the past year.

All-in, about $5,630/mo at 20% down (7.30% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $694/mo, roughly 12% of the all-in monthly payment.

At the current 7.30% 30-year rate, principal and interest on this home runs about $4,936/mo; at the 6.81% rate of about three months ago it would be roughly $4,699/mo, so monthly P&I is about $237 higher now.

School zone: assigned to Grassland Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 1505 Hillsboro Rd (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of August 28, 2026. Realtracs via IDX.

This is a standard residential home, not a permitted short-term rental.

Description of 1505 Hillsboro Rd

Attention Builders and buyers seeking Ideal Estate Lot for dream Home: Survey Completed for this 1.67 Acre level lot with Sanitary Sewer Tap connected to Franklin Sewer Main line. Zoned For Williamson County only- with no Franklin city taxes! This legacy property has been in one family since 1960. Will-Co Planning has no square footage limit for your dream home: it must be built within set backs of 60 ft, front and back of lot, and 20 ft on each side-Call agent for Survey* Stately trees, park like setting-This Estate Lot is a once in a Lifetime Opportunity and Location. Existing home and Barn being sold as-is where is.

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

2-car garageBuilt 1960

Full property details

Complete reported fields for 1505 Hillsboro Rd (reference).

MLS #3252113
StatusActive
Price$900,000
Price / sqft$616
Bedrooms3
Bathrooms1.5 (1 full, 1 half)
Living area1,460 sqft
Lot size1.68 acres
Year built1960
All 31 property fields
Garage spaces2
Stories1
HeatingElectric
CoolingYes
BasementUnfinished, Yes
ConstructionBrick
ParkingGarage Door Opener, Garage Faces Rear, Attached
Annual taxes$1,993
AppliancesElectric Range
Interior featuresCeiling Fan(s)
FireplaceYes
Architectural styleRanch
Water sourcePublic
SewerSeptic Tank
UtilitiesElectricity Available, Water Available
Garage typeAttached Garage, Yes
SubdivisionHillsboro
CountyWilliamson
PetsPermitted (as listed)
ListedJune 29, 2026
Days on market115
UpdatedAugust 28, 2026

Listing activity

DateEventPriceChange
Price change$900,000-$95,000 (-9.5%)
Listed$995,000

Listed June 29, 2026, this listing has been on the market 115 days as of October 22, 2026. The price has been reduced once, from $995,000 to $900,000 (-9.5%). The most recent change was first seen on our daily record September 9, 2026.

  • County assessment: $345,600 total appraised value (land $195,900 + improvements $149,700).
  • Land accounts for about 57% of the county appraised value, a land-weighted parcel (renovation or rebuild potential; verify zoning and utilities before relying on it).

County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.

History at this address

1505 Hillsboro Rd has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.

DateEventPriceSource
by Price change$900,000Realtracs MLS #3252113
Listing removed—Realtracs MLS #3252104
Listed for sale$995,000Realtracs MLS #3252104
Listed for sale$995,000Realtracs MLS #3252113

Realtracs listing activity before June 29, 2026 is not in our archive. Recorded sales come from Williamson County public records. "by" marks a date the archive learned after the fact.

Cost of ownership

Estimated monthly ownership for 1505 Hillsboro Rd at $900,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.

List price$900,000
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Financing 1505 Hillsboro Rd, Franklin

Estimated total monthly payment for 1505 Hillsboro Rd is about $5,630/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $4,936, estimated property tax $244, homeowners insurance $450. Estimate only; not a loan offer.

Principal & interest$4,936/mo
Property tax (est.)$244/mo
Homeowners insurance (est.)$450/mo
Estimated total$5,630/mo

Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 2026). 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.30%$4,457/mo$5,151/mo-$479/mo
6.80%$4,694/mo$5,388/mo-$242/mo
7.30%$4,936/mo$5,630/mocurrent
7.80%$5,183/mo$5,877/mo+$247/mo
8.30%$5,434/mo$6,128/mo+$498/mo

Principal & interest on a 30-year fixed at 20% down ($720,000 loan), with property tax, insurance held constant at $694/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.

Buy versus rent, 1505 Hillsboro Rd

Owning 1505 Hillsboro Rd runs about $5,630/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.

Property-tax outlook

The Williamson County appraised value of $345,600 trails the $900,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,123 now to roughly $2,925 (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.

How this home is priced

How 1505 Hillsboro Rd compares in Franklin 37069

MetricThis homeFranklin 37069 activeRecently sold
Price / sq ft$616$359 median-
Price position91st pctile+72% vs median-

This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.

How this home compares in Franklin 37069

Among the 137 active homes in Franklin 37069, this home at $616/sq ft falls in the 91st percentile on price per square foot.

Computed by Grant Hammond from 137 Franklin 37069 comparables (Realtracs via IDX), as of October 22, 2026, refreshed weekly.

Home prices by high-school zone in Williamson County

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 zoneMedian $/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).

Competition & market pace

Active listings98 in Franklin 37069 homes
Recent absorptionabout 30.6 sales / mo
Months of inventory3.2 months, a balanced market

Over the past 12 months, homes in Franklin 37069 homes sold at about 98% of list price.

Recorded sales in Franklin 37069 homes: 308 in the past 12 months.

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 September 27, 2026.

Location & neighborhood

1505 Hillsboro Rd sits in Hillsboro, Franklin, Williamson County.

Franklin 37069 market snapshot

In Franklin 37069, homes there are priced around $359 per square foot; inventory in Franklin 37069 homes is running at about 3.2 months, a balanced market; recent sales closed near 98% of list price; 148 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 10, 2026.

Approximately 15 miles from downtown Nashville (straight-line distance).

Assigned schools

1505 Hillsboro Rd is zoned for Grassland 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.

Ask Grant about 1505 Hillsboro Rd

Get the full details, recent comparable sales, and any off-market options for 1505 Hillsboro Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

Similar listings nearby

Comparable listings near 1505 Hillsboro Rd, by price and size.

Listed by Janelle Waggener, Partners Real Estate, LLC. 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.

Nashville real estate insights

Read: Franklin TN Home Prices: The Williamson County Market Pulse
Franklin TN Home Prices: The Williamson County Market Pulse

Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.

Read: Middle Tennessee Real Estate Market Update September 2026
Middle Tennessee Real Estate Market Update September 2026

September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Read: Middle Tennessee Real Estate Market Update August 2026
Middle Tennessee Real Estate Market Update August 2026

August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Popular searches in Franklin

Frequently asked questions about 1505 Hillsboro Rd

Is 1505 Hillsboro Rd, Franklin still for sale?

As of the latest update (August 28, 2026), 1505 Hillsboro Rd, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 1505 Hillsboro Rd been on the market?

1505 Hillsboro Rd was listed on June 29, 2026 and has been on the market 115 days as of October 22, 2026, per Realtracs.

Has the price of 1505 Hillsboro Rd changed?

Yes. It was first listed at $995,000. The price has been reduced once, most recently to $900,000 by September 9, 2026, a total change of -9.5%.

How much does 1505 Hillsboro Rd, Franklin cost?

1505 Hillsboro Rd, Franklin is listed at $900,000, about $616 per square foot across 1,460 square feet.

How many bedrooms and bathrooms does 1505 Hillsboro Rd, Franklin have?

3 bedrooms and 1.5 bathrooms (1 full, 1 half).

What is the price per square foot?

About $616 per square foot ($900,000 across 1,460 sqft).

When was 1505 Hillsboro Rd, Franklin built?

1505 Hillsboro Rd, Franklin was built in 1960.

Does 1505 Hillsboro Rd, Franklin have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

No HOA dues are reported for this home.

What subdivision is 1505 Hillsboro Rd, Franklin in?

1505 Hillsboro Rd, Franklin is in the Hillsboro subdivision of Franklin.

What is the estimated monthly payment for 1505 Hillsboro Rd, Franklin?

About $5,630 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $4,936, estimated property tax $244, insurance $450. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 1505 Hillsboro Rd, Franklin zoned for?

1505 Hillsboro Rd, Franklin is zoned for Grassland Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

Are pets allowed at 1505 Hillsboro Rd, Franklin?

Pets are permitted at 1505 Hillsboro Rd, 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.

Is 1505 Hillsboro Rd, Franklin a short-term-rental property?

No, 1505 Hillsboro Rd, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.

How do I schedule a tour of 1505 Hillsboro Rd, Franklin?

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.

How do I make an offer on 1505 Hillsboro Rd, Franklin?

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.

Are more photos and details available for 1505 Hillsboro Rd, Franklin?

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.

Who can tell me more about 1505 Hillsboro Rd, Franklin?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 1505 Hillsboro Rd, Franklin priced compared to the market?

At about $616 per square foot, 1505 Hillsboro Rd, Franklin ranks in the 90th percentile of active Franklin 37069 listings by price per square foot, roughly 72% above the Franklin 37069 median; recent comparable sales in Franklin 37069 closed near $317 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Franklin 37069 homes market favoring buyers or sellers?

The Franklin 37069 homes market is currently balanced, at about 3.2 months of inventory; recent sales have closed near 98% of list price over the past year, per Realtracs as of September 27, 2026.

Thinking of selling in Hillsboro?

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