408 Savannah Way, Franklin, TN 37067

$1,050,000Under Contract5 Beds4 Baths3,134 Sqft$335 /sqft

Property details

Year built
2002
Property type
Single Family
Per sq ft
$335
County
Williamson County
Subdivision
Cool Springs East Sec 9

Description of 408 Savannah Way, Franklin, TN 37067

Move-in ready, classic, all-brick home in Franklin offers comfortable single-level living paired with a highly functional layout. The main level centers around a functional kitchen equipped with updated appliances and gorgeous wood cabinets. Spacious bedrooms for the entire family with plenty of natural light, with a full basement providing valuable additional storage or potential flex space as well! Positioned on a beautifully established quarter-acre lot, the exterior includes an attached, front-facing two-car garage. This a truly exceptional find, come and see today!

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Listing updated:

Zoned schools: Kenrose Elementary, Woodland Middle School, Ravenwood High School (verify current zoning with the district).


Move-in ready, classic, all-brick home in Franklin offers comfortable single-level living paired with a highly functional layout. The main level centers around a functional kitchen equipped with updated appliances and gorgeous wood cabinets. Spacious bedrooms for the entire family with plenty of natural light, with a full basement providing valuable additional storage or potential flex space as well! Positioned on a beautifully established quarter-acre lot, the exterior includes an attached, front-facing two-car garage. This a truly exceptional find, come and see today!

LAST UPDATED 7/8/2026 TRACT Cool Springs East Sec 9
YEAR BUILT 2002 GARAGE SPACES 2.0
COUNTY Williamson STATUS Conditional
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Kenrose Elementary
Jr. High School Woodland Middle School
High School Ravenwood High School


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES OVEN, Range
BASEMENT Full, Yes
CONSTRUCTION Brick
GARAGE Attached Garage, Yes
HEAT Central, Natural Gas
HOA DUES 120
LOT 10454 sq ft
LOT DIMENSIONS 87 X 138
PARKING Garage Faces Front, Attached
SEWER Public Sewer
STORIES 2
SUBDIVISION Cool Springs East Sec 9
TAXES 4151
UTILITIES Electricity Available, Natural Gas Available, Water Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
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Listed with Compass

Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program

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This IDX solution is (c) Diverse Solutions 2026.

408 Savannah Way, Franklin, TN 37067, Franklin - listing photo 1

About this home

The quick read

Status: this home is currently under contract, per RealTracs as of July 10, 2026.

408 Savannah Way, Franklin, TN 37067 is a 5-bedroom, 4-bath home in Franklin, TN 37067, offered at $1,050,000, about $335/sq ft across 3,134 sq ft.

At $335/sq ft, this home is about 3% above the Franklin 37067 median list price per square foot of $325.

Recently sold in Franklin 37067: 12 comparable homes from $635,000 to $1,300,000, a median of $279/sq ft; this listing at $335/sq ft is about 20% above recent sold prices.

All-in, about $5,847/mo at 25% down (6.57% 30-yr).

At the current 6.57% 30-year rate, principal and interest on this home runs about $5,013/mo; at the 6.29% rate of about three months ago it would be roughly $4,869/mo; monthly P&I is about $145 higher now.

Beyond principal and interest, the recurring carrying costs on this home (property tax (about $346/mo), insurance (about $368/mo), and HOA (about $120/mo)) run about $833/mo, roughly 14% of the all-in monthly payment.

Analysis by Grant Hammond, Compass RE · figures as of July 2026 · RealTracs, Williamson County

How is it priced in Franklin?

Franklin 37067 homes: a buyer's market as of 07-09-2026. About 7.8 months of supply, 100% sale-to-list.

Active listings293
Median list price$1,200,000
Median $/sqft (list)$325
Homes closed (12-mo)225
Median closed price$989,500
Average closed price$986,369
Sale-to-list100%
Months of supply7.8

As of (293 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.

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How this home compares in Cool Springs East

Its $335/sq ft places it above about 60% of the 43 active homes in Cool Springs East on a per-square-foot basis.

Computed by Grant Hammond from 43 active Cool Springs East comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.

Williamson County home prices by school zone

Closed single-family sales, trailing 24 months
Ravenwood High

Homes zoned to Ravenwood High closed at a median of $1,625,000 ($351/sq ft) over the past 24 months, across 681 single-family sales. That is the second-highest price per square foot of Williamson County's 9 high-school zones, 10% above the $319/sq ft countywide median.

Top zone $/sq ft
$367
County median $/sq ft
$319
Spread
$106
Sales / 24 mo
8,417
Median closed $/sq ft by high-school zone
Brentwood$367
Ravenwood$351
Franklin$349
Independence$338
Fred J. Page$327
Centennial$306
Nolensville$300
Summit$271
Fairview$261
County $319

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 408 Savannah Way, Franklin

The estimated monthly payment for 408 Savannah Way, Franklin is about $5,847: a conforming 30-year mortgage at 6.569% with 25% down, including property tax, insurance, and HOA. Estimate only; not a loan offer or appraisal.

Estimated monthly payment$5,847/mo
  • Principal & interest: $5,013
  • Property tax: $346
  • Insurance (est.): $368
  • HOA: $120
  • Income to qualify: $250,575
  • Cash to close: $294,000
  • Equity at yr 5: $312,231
30-year vs 15-year mortgage rate: last 24 months
4.8%5.7%6.7%7.6%Apr '24Jun '25Jul '26May '24: 6.47%Jul '24: 6.17%Sep '24: 5.15%Nov '24: 6.10%Feb '25: 6.05%Apr '25: 6.03%Jun '25: 5.89%Sep '25: 5.60%Nov '25: 5.49%Jan '26: 5.44%Apr '26: 5.77%Jun '26: 5.84%Jul '26: 5.82%Apr '24: 7.24%Jul '24: 6.77%Sep '24: 6.11%Dec '24: 6.56%Feb '25: 6.77%May '25: 6.76%Jul '25: 6.75%Sep '25: 6.35%Dec '25: 6.25%Feb '26: 5.96%May '26: 6.34%Jul '26: 6.57%6.57%30-yr15-yr

30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-07-08.

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

Is 408 Savannah Way still for sale?

408 Savannah Way is currently under contract as of 07-08-2026, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.

How much does 408 Savannah Way cost?

408 Savannah Way is listed at $1,050,000, about $335 per square foot across 3,134 square feet (as of 07-08-2026).

What is the price per square foot for 408 Savannah Way?

408 Savannah Way is priced at $335 per square foot, 3,134 square feet at $1,050,000 (as of 07-08-2026).

What are the HOA dues for 408 Savannah Way?

HOA dues for 408 Savannah Way are $120 per month, as listed (as of 07-08-2026).

Does 408 Savannah Way have a garage?

Yes. 408 Savannah Way has an attached garage, per the listing.

Does 408 Savannah Way have a basement?

Yes. 408 Savannah Way has a full basement, per the listing.

When was 408 Savannah Way built?

408 Savannah Way was built in 2002.

What are the property taxes on 408 Savannah Way?

The annual property tax reported for 408 Savannah Way is about $4,151 (as reported on the listing, as of 07-08-2026).

What is the estimated monthly payment for 408 Savannah Way?

About $5,847 per month at 6.569% on a 30-year loan with 25% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.

What schools serve 408 Savannah Way?

408 Savannah Way is zoned for Kenrose Elementary, Woodland Middle School, Ravenwood High School, per the listing. Verify current enrollment and zoning with the district.

Is Franklin a buyer's or seller's market?

Franklin is currently a buyer's market, with about 7.8 months of supply, 100% sale-to-list. The median list price is around $1,200,000 (as of 07-09-2026, RealTracs via IDX).

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