516 Stratford Ct, Franklin, TN 37069
516 Stratford Ct, Franklin, TN 37069, Active at $1,399,900 ($423/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 3,312 sqft · $423/sqft · 0.36 ac.
516 Stratford Ct, Franklin, TN 37069, Active at $1,399,900 ($423/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 3,312 sqft · $423/sqft · 0.36 ac.
Active · $1,399,900
MLS #3279189 · listed June 27, 2026 · 73 days on market · updated July 15, 2026
4-bed, 4.5-bath home at 516 Stratford Ct in Temple Hills Sec 12, Franklin, 3,312 sqft, $1,399,900 ($423/sqft), by eXp Realty.
516 Stratford Ct is a 4-bedroom, 4.5-bath home in Franklin, TN 37069, offered at $1,399,900, about $423/sq ft across 3,312 sq ft.
At $423/sq ft, this home is about 32% above the Temple Hills median list price per square foot of $321.
Market read: the Franklin 37069 homes market is balanced, at about 3.7 months of inventory.
All-in, about $8,562/mo at 20% down (7.06% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,066/mo, roughly 12% of the all-in monthly payment.
At the current 6.89% 30-year rate, principal and interest on this home runs about $7,368/mo; at the 6.66% rate of about three months ago it would be roughly $7,197/mo, so monthly P&I is about $171 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 516 Stratford Ct (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 15, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
There's a specific kind of exhale that happens when you step into a home that asks nothing of you. This one is 100% renovated, every choice made, every finish settled, so the only thing left to do is live and enjoy. The backyard is where this property becomes something rarer than a house: a pool that opens onto the golf course beyond, private outdoor living that turns an ordinary weekend into a reason to stay home. Pool to fairway and back again. Inside, the renovated kitchen anchors the everyday, gas cooktop, warm finishes, and a natural flow built for gathering. The primary suite reads as a genuine retreat. A finished basement, uncommon in many Williamson County neighborhoods, adds flexible space for entertaining, a gym, or a studio. What sets this property apart is privacy: golf-course tranquility that's increasingly hard to find, with downtown Franklin, Cool Springs, and Nashville's West End all within an easy drive. One practical note before you visit: parking here totals four, a two-car attached garage plus two in the driveway, on a cul-de-sac lot. If you need to house a larger set of vehicles, that's the only limit of this property, and it's better known now than after the tour. Some homes you tour. This one you'll keep thinking about.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 516 Stratford Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $500,000 | — | |
| Listed | $1,399,900 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 516 Stratford Ct at $1,399,900: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,399,900 |
|---|---|
| HOA dues | $110 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 516 Stratford Ct is about $8,562/mo, 20% down on a 30-year fixed at 7.06% (a jumbo loan), including principal & interest $7,496, estimated property tax $379, homeowners insurance $577, and HOA dues $110. Estimate only; not a loan offer.
| Principal & interest | $7,496/mo |
|---|---|
| Property tax (est.) | $379/mo |
| Homeowners insurance (est.) | $577/mo |
| HOA dues | $110/mo |
| Estimated total | $8,562/mo |
Assumes 20% down, 30-year fixed at 7.06% (Mortgage News Daily, as of September 4, 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 |
|---|---|---|---|
| 6.06% | $6,758/mo | $7,824/mo | -$738/mo |
| 6.56% | $7,123/mo | $8,189/mo | -$373/mo |
| 7.06% | $7,496/mo | $8,562/mo | current |
| 7.56% | $7,877/mo | $8,943/mo | +$381/mo |
| 8.06% | $8,264/mo | $9,330/mo | +$768/mo |
Principal & interest on a 30-year fixed at 20% down ($1,119,920 loan), with property tax, insurance, and HOA held constant at $1,066/mo. Current 30-year fixed 7.06% (Mortgage News Daily, as of September 4, 2026). Estimate only; not a loan offer.
Owning 516 Stratford Ct runs about $8,562/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 $535,200 trails the $1,399,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,739 now to roughly $4,550 (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 | Temple Hills active | Recently sold |
|---|---|---|---|
| Price / sq ft | $423 | $321 median | - |
| Price position | 100th pctile | +32% vs median | - |
| Temple Hills vs Franklin 37069 area | - | -11% | - |
This listing beside the active Temple Hills market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of September 7, 2026.
At $423/sq ft, this home is among the highest-priced of the 12 active homes in Temple Hills by price per square foot (100th percentile).
Temple Hills trades about 11% below Franklin 37069 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Temple Hills.
Computed by Grant Hammond from 12 Temple Hills comparables (RealTracs via IDX), as of September 7, 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 | 107 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 28.9 sales / mo |
| Months of inventory | 3.7 months, a balanced market |
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 6, 2026.
516 Stratford Ct sits in Temple Hills Sec 12, Franklin, Williamson County.
In Temple Hills, homes there are priced around $321 per square foot; inventory in Franklin 37069 homes is running at about 3.7 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 7, 2026.
Approximately 14 miles from downtown Nashville (straight-line distance).
516 Stratford Ct 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.
Get the full details, recent comparable sales, and any off-market options for 516 Stratford Ct - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 516 Stratford Ct, by price and size.
Listed with 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 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.
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.
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 (July 15, 2026), 516 Stratford Ct, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
516 Stratford Ct, Franklin is listed at $1,399,900, about $423 per square foot across 3,312 square feet.
4 bedrooms and 4.5 bathrooms (4 full, 1 half).
About $423 per square foot ($1,399,900 across 3,312 sqft).
516 Stratford Ct, Franklin was built in 1989.
Yes, 2 garage spaces, per the listing.
HOA dues are $110 per month, as listed.
516 Stratford Ct, Franklin is in the Temple Hills Sec 12 subdivision of Franklin.
About $8,562 a month with 20% down on a 30-year fixed at 7.06%, principal and interest $7,496, estimated property tax $379, insurance $577, and HOA $110. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
516 Stratford Ct, 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.
No, 516 Stratford Ct, 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 $423 per square foot, 516 Stratford Ct, Franklin ranks in the 100th percentile of active Temple Hills listings by price per square foot, roughly 32% above the Temple Hills median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37069 homes market is currently balanced, at about 3.7 months of inventory, per RealTracs as of September 6, 2026.
Thinking of selling in Temple Hills Sec 12?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.
