113 Riverwood Dr, Franklin, TN 37069
113 Riverwood Dr, Franklin, TN 37069, Active at $995,000 ($344/sq ft). 5 bd · 3 ba · 2,890 sqft · $344/sqft · 0.3 ac.
113 Riverwood Dr, Franklin, TN 37069, Active at $995,000 ($344/sq ft). 5 bd · 3 ba · 2,890 sqft · $344/sqft · 0.3 ac.
Active · $995,000
MLS #3261974 · listed July 1, 2026 · 130 days on market · updated September 25, 2026
5-bed, 3-bath home at 113 Riverwood Dr in Cottonwood Est, Franklin, 2,890 sqft, $995,000 ($344/sqft), by eXp Realty.
113 Riverwood Dr is a 5-bedroom, 3-bath home in Franklin, TN 37069, offered at $995,000, about $344/sq ft across 2,890 sq ft.
At $344/sq ft, this home is about 4% below the Franklin 37069 median list price per square foot of $359.
Recently sold in Cottonwood Est: 17 comparable homes from $725,000 to $1,150,000, a median of $332/sq ft; this listing at $344/sq ft is about 4% above recent sold prices.
Market read: the Cottonwood Est market is balanced, at about 3.8 months of inventory; recent sales have closed near 97.4% of list over the past year.
All-in, about $6,230/mo at 20% down (7.17% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $843/mo, roughly 14% of the all-in monthly payment.
At the current 7.17% 30-year rate, principal and interest on this home runs about $5,387/mo; at the 6.74% rate of about three months ago it would be roughly $5,158/mo, so monthly P&I is about $229 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 113 Riverwood Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 7, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Welcome home to this beautifully maintained 5-bedroom, 3-bath residence offering approximately 2,900 square feet in the highly sought-after Cottonwood community of Franklin. Thoughtfully designed with three bedrooms on the main level and two additional bedrooms plus a spacious bonus room upstairs, this home blends timeless elegance with everyday comfort. The updated eat-in kitchen serves as the heart of the home, offering generous workspace and a welcoming gathering area, while the stunning formal dining room provides the perfect backdrop for entertaining. At the center of the home, the light-filled great room features a cozy gas log fireplace, creating a warm and inviting atmosphere for family and guests alike. Enjoy seamless indoor-outdoor living from the expansive screened porch overlooking a beautifully fenced backyard that backs to private green space, providing exceptional privacy and a peaceful retreat for morning coffee or evening relaxation. Designed with both beauty and practicality in mind, the home offers abundant storage, an attached two-car garage, and double-hung windows with custom blinds that flood every room with natural light. Major system updates include a roof and HVAC less than five years old and a water heater less than one year old, offering peace of mind for years to come. Ideally located in one of Franklin's most desirable neighborhoods, this exceptional home combines spacious living, thoughtful updates, and an unbeatable setting. This is a rare opportunity to enjoy the lifestyle you've been waiting for. Up to $8,000 preferred lender credit available w/ free appraisal. Apply toward rate buydown or buyer closing costs. Contact List agent for more details.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 113 Riverwood Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $995,000 | -$30,000 (-2.9%) | |
| Price change | $1,025,000 | -$50,000 (-4.7%) | |
| Listed | $1,075,000 | ||
| Deed recorded | $121,750 |
Listed July 1, 2026, this listing has been on the market 130 days as of November 8, 2026. It was originally listed at $1,075,000; the asking price is now $995,000 (-7.4%).
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 113 Riverwood Dr at $995,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $995,000 |
|---|---|
| HOA dues | $92 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 113 Riverwood Dr is about $6,230/mo, 20% down on a 30-year fixed at 7.17% (a conforming loan), including principal & interest $5,387, estimated property tax $269, homeowners insurance $482, and HOA dues $92. Estimate only; not a loan offer.
| Principal & interest | $5,387/mo |
|---|---|
| Property tax (est.) | $269/mo |
| Homeowners insurance (est.) | $482/mo |
| HOA dues | $92/mo |
| Estimated total | $6,230/mo |
Assumes 20% down, 30-year fixed at 7.17% (Mortgage News Daily, as of November 6, 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.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.17% | $4,860/mo | $5,703/mo | -$527/mo |
| 6.67% | $5,121/mo | $5,964/mo | -$266/mo |
| 7.17% | $5,387/mo | $6,230/mo | current |
| 7.67% | $5,659/mo | $6,502/mo | +$272/mo |
| 8.17% | $5,935/mo | $6,778/mo | +$548/mo |
Principal & interest on a 30-year fixed at 20% down ($796,000 loan), with property tax, insurance, and HOA held constant at $843/mo. Current 30-year fixed 7.17% (Mortgage News Daily, as of November 6, 2026). Estimate only; not a loan offer.
Owning 113 Riverwood Dr runs about $6,230/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 $455,000 trails the $995,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,479 now to roughly $3,234 (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 | $344 | $364 median | $332 median |
| Price position | 38th pctile | -5% vs median | ~97.4% of list |
| Recent closings | - | - | 17 sales |
This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 8, 2026.
At $344/sq ft, this home ranks in the 38th percentile of the 124 active homes in Franklin 37069 by price per square foot.
Computed by Grant Hammond from 124 Franklin 37069 comparables (Realtracs via IDX), as of November 8, 2026, 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 | 5 in Cottonwood Est |
|---|---|
| Recent absorption | about 1.3 sales / mo |
| Months of inventory | 3.8 months, a balanced market |
Over the past 12 months, homes in Cottonwood Est sold at about 97.4% of list price.
Recorded sales in Cottonwood Est: 17 in the past 12 months.
Supply-side and recent-sale context for Cottonwood Est. Sale figures are trailing 6/12/24-month medians of recorded Cottonwood Est closings. Source Realtracs via IDX, as of September 29, 2026.
113 Riverwood Dr sits in Cottonwood Est, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $359 per square foot; inventory in Cottonwood Est is running at about 3.8 months, a balanced market; recent sales in Cottonwood Est closed near 97.4% of list price; 17 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
Approximately 15 miles from downtown Nashville (straight-line distance).
113 Riverwood Dr 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 113 Riverwood Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed by Cliff Spencer, eXp 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.
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.
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.
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.
As of the latest update (November 7, 2026), 113 Riverwood Dr, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
113 Riverwood Dr was listed on July 1, 2026 and has been on the market 130 days as of November 8, 2026, per Realtracs.
Yes. It was originally listed at $1,075,000; the asking price is now $995,000 (-7.4%).
113 Riverwood Dr, Franklin is listed at $995,000, about $344 per square foot across 2,890 square feet.
5 bedrooms and 3 bathrooms.
About $344 per square foot ($995,000 across 2,890 sqft).
113 Riverwood Dr, Franklin was built in 1977.
Yes, 2 garage spaces, per the listing.
HOA dues are $92 per month, as listed.
113 Riverwood Dr, Franklin is in the Cottonwood Est subdivision of Franklin.
About $6,230 a month with 20% down on a 30-year fixed at 7.17%, principal and interest $5,387, estimated property tax $269, insurance $482, and HOA $92. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
113 Riverwood Dr, 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, 113 Riverwood Dr, 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 $344 per square foot, 113 Riverwood Dr, Franklin ranks in the 39th percentile of active Franklin 37069 listings by price per square foot, roughly 4% below the Franklin 37069 median; recent comparable sales in Franklin 37069 closed near $332 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Cottonwood Est market is currently balanced, at about 3.8 months of inventory; recent sales have closed near 97.4% of list price over the past year, per Realtracs as of September 29, 2026.
Thinking of selling in Cottonwood Est?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.