123 Law Drive, Franklin, TN 37064
123 Law Drive, Franklin, TN 37064, Active at $1,426,877 ($486/sq ft). 4 bd · 3.5 ba (3 full, 1 half) · 2,937 sqft · $486/sqft.
123 Law Drive, Franklin, TN 37064, Active at $1,426,877 ($486/sq ft). 4 bd · 3.5 ba (3 full, 1 half) · 2,937 sqft · $486/sqft.
Active · $1,426,877
MLS #3279148 · listed July 14, 2026 · 48 days on market · updated July 14, 2026
4-bed, 3.5-bath home at 123 Law Drive in Westhaven, Franklin, 2,937 sqft, $1,426,877 ($486/sqft), by Westhaven Realty.
123 Law Drive is a 4-bedroom, 3.5-bath home in Franklin, TN 37064, offered at $1,426,877, about $486/sq ft across 2,937 sq ft.
At $486/sq ft, this home is priced in line with the Westhaven list-price median of $489/sq ft.
Market read: the Westhaven market is balanced, at about 3 months of inventory.
All-in, about $9,209/mo at 20% down (6.9% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,691/mo, roughly 18% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this home runs about $7,449/mo; at the 6.56% rate of about three months ago it would be roughly $7,260/mo, so monthly P&I is about $189 higher now.
School zone: assigned to Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 123 Law Drive (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 14, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
NEW~ by SLC Homebuilding, 4 Bdrms /3.5 Baths~ Large Island Kitchen that opens to living and dining area ~ front covered porch ~ open but separate dining~ Stainless JennAir Kitchen appliances ~Primary suite on main ~ Spacious Bonus Room~ Full covered porch in courtyard w/ sod & irrigation and fenced courtyard. TRUE 3-car garage. Designer selections available upon request.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 123 Law Drive (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $1,426,877 | — |
Estimated monthly ownership for 123 Law Drive at $1,426,877: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,426,877 |
|---|---|
| HOA dues | $634 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 123 Law Drive is about $9,209/mo, 20% down on a 30-year fixed at 6.90% (a jumbo loan), including principal & interest $7,518, estimated property tax $474, homeowners insurance $583, and HOA dues $634. Estimate only; not a loan offer.
| Principal & interest | $7,518/mo |
|---|---|
| Property tax (est.) | $474/mo |
| Homeowners insurance (est.) | $583/mo |
| HOA dues | $634/mo |
| Estimated total | $9,209/mo |
Assumes 20% down, 30-year fixed at 6.90% (Mortgage News Daily, as of August 28, 2026). Property tax uses the Franklin, Williamson County 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 |
|---|---|---|---|
| 5.9% | $6,771/mo | $8,462/mo | -$747/mo |
| 6.4% | $7,140/mo | $8,831/mo | -$378/mo |
| 6.9% | $7,518/mo | $9,209/mo | current |
| 7.4% | $7,904/mo | $9,595/mo | +$386/mo |
| 7.9% | $8,296/mo | $9,987/mo | +$778/mo |
Principal & interest on a 30-year fixed at 20% down ($1,141,502 loan), with property tax, insurance, and HOA held constant at $1,691/mo. Current 30-year fixed 6.90% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 123 Law Drive runs about $9,209/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.
| Metric | This home | Westhaven active | Recently sold |
|---|---|---|---|
| Price / sq ft | $486 | $489 median | - |
| Price position | 49th pctile | -1% vs median | - |
| Westhaven vs Franklin 37064 area | - | +25% | - |
This listing beside the active Westhaven market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
At $486/sq ft, this home ranks in the 49th percentile of the 121 active homes in Westhaven by price per square foot.
Westhaven trades about 25% above Franklin 37064 area on a price-per-square-foot basis.
Taken together, this home reads in line with Westhaven on a per-square-foot basis.
Computed by Grant Hammond from 121 Westhaven comparables (RealTracs via IDX), as of August 30, 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 | 32 in Westhaven |
|---|---|
| Recent absorption | about 10.7 sales / mo |
| Months of inventory | 3 months, a balanced market |
Supply-side and recent-sale context for Westhaven. Sale figures are trailing 6/12/24-month medians of recorded Westhaven closings. Source RealTracs via IDX, as of August 30, 2026.
123 Law Drive sits in Westhaven, Franklin, Williamson County.
In Westhaven, homes there are priced around $489 per square foot; inventory is running at about 3 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 19 miles from downtown Nashville (straight-line distance).
123 Law Drive is zoned for Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence 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 123 Law Drive - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 123 Law Drive, by price and size.
Listed with Westhaven 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.
Country music star Kenny Chesney purchased a Franklin mansion from Jimmy Franks, representing one of the most notable celebrity real estate transactions in Williamson County.
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.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
As of the latest update (July 14, 2026), 123 Law Drive, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
123 Law Drive, Franklin is listed at $1,426,877, about $486 per square foot across 2,937 square feet.
4 bedrooms and 3.5 bathrooms (3 full, 1 half).
About $486 per square foot ($1,426,877 across 2,937 sqft).
123 Law Drive, Franklin was built in 2026.
Yes, 3 garage spaces, per the listing.
HOA dues are $634 per month, as listed.
123 Law Drive, Franklin is in the Westhaven subdivision of Franklin.
About $9,209 a month with 20% down on a 30-year fixed at 6.9%, principal and interest $7,518, estimated property tax $474, insurance $583, and HOA $634. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
123 Law Drive, Franklin is zoned for Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 123 Law Drive, 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 $486 per square foot, 123 Law Drive, Franklin ranks in the 49th percentile of active Westhaven listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Westhaven market is currently balanced, at about 3 months of inventory, per RealTracs as of 2026-08-30.
Thinking of selling in Westhaven?
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