518 Maplegrove Dr, Franklin, TN 37064
518 Maplegrove Dr, Franklin, TN 37064, Active at $719,000 ($261/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,758 sqft · $261/sqft · 0.2 ac.
518 Maplegrove Dr, Franklin, TN 37064, Active at $719,000 ($261/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,758 sqft · $261/sqft · 0.2 ac.
Active · $719,000
MLS #3263948 · updated 2026-07-08 · listed with Compass RE
3-bed, 2.5-bath home at 518 Maplegrove Dr in Maplewood Sec 4, Franklin, 2,758 sqft, $719,000 ($261/sqft), by Compass RE.
518 Maplegrove Dr is a 3-bedroom, 2.5-bath home in Franklin, TN 37064, offered at $719,000, about $261/sq ft across 2,758 sq ft.
At $261/sq ft, this home is about 35% below the Franklin 37064 median list price per square foot of $400.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Moore Elementary, Freedom Intermediate, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 518 Maplegrove Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-08. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Motivated Seller! There's something special about a home that doesn't just offer space, but a true sense of community. 518 Maplegrove delivers both. Set in one of Franklin's most beloved neighborhoods, this home offers a rare timeless, close-knit feel where neighbors become lifelong friends and everyday life feels connected. From the annual Fourth of July parade, complete with a fire truck leading the way, to long afternoons at the neighborhood pool and swim team, the community is filled with traditions that bring people together. Inside, the home lives beautifully with generous space and thoughtful updates throughout. A recently remodeled kitchen anchors the main living areas, while the private primary suite features a fully updated bath designed for comfort and retreat. Upstairs, a convenient Jack-and-Jill bathroom adds both function and charm. Major systems have already been taken care of, with a newer HVAC system and hot water heater, offering peace of mind for years to come. Step outside to a private backyard, ideal for relaxing evenings or entertaining, while just beyond, the neighborhood comes alive with amenities including tennis and pickleball courts, and a scenic lake where you'll often spot fish, turtles, and ducks. This is more than just a home, it's a lifestyle rooted in connection, tradition, and everyday enjoyment. A lot of house. A neighborhood people never want to leave. And an opportunity that's hard to find in Franklin.
Listing remarks courtesy of Compass RE via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $261 | $400 median | - |
| Price position | 8th pctile | +9% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Analysis, not an appraisal.
Among the active homes in Franklin 37064, this home at $261/sq ft falls in the 8th percentile on price per square foot.
Franklin 37064 trades about 9% above greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-18, refreshed weekly. Analysis, not an appraisal.
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). Analysis, not an appraisal.
| Active listings | 653 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 89.5 sales / mo |
| Months of inventory | 7.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 518 Maplegrove Dr at $719,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $719,000 |
|---|---|
| HOA dues | $182 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $470,600 trails the $719,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,878 now to roughly $2,869 (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.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
518 Maplegrove Dr sits in Maplewood Sec 4, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $400 per square foot; inventory is running at about 7.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
518 Maplegrove Dr is zoned for Moore Elementary, Freedom Intermediate, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-07-08), 518 Maplegrove Dr, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
518 Maplegrove Dr, Franklin is listed at $719,000, about $261 per square foot across 2,758 square feet.
3 bedrooms and 2.5 ba (2 full, 1 half).
About $261 per square foot ($719,000 across 2,758 sqft).
518 Maplegrove Dr, Franklin was built in 1988.
Yes, 2 garage spaces, per the listing.
HOA dues are $182 per month, as listed.
518 Maplegrove Dr, Franklin is in the Maplewood Sec 4 subdivision of Franklin.
518 Maplegrove Dr, Franklin is zoned for Moore Elementary, Freedom Intermediate, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 518 Maplegrove 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.
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 $261 per square foot, 518 Maplegrove Dr, Franklin ranks in the 8th percentile of active Franklin 37064 listings by price per square foot, roughly 35% below the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37064 is currently a buyer-favored market (ample supply), at about 7.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 518 Maplegrove Dr (reference).
Get the full details, recent comparable sales, and any off-market options for 518 Maplegrove Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Compass RE. 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.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
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