402 Cotton Ln, Franklin, TN 37069
402 Cotton Ln, Franklin, TN 37069, Active at $1,049,000 ($318/sq ft). 5 bd · 3 ba · 3,302 sqft · $318/sqft · 0.29 ac.
402 Cotton Ln, Franklin, TN 37069, Active at $1,049,000 ($318/sq ft). 5 bd · 3 ba · 3,302 sqft · $318/sqft · 0.29 ac.
Active · $1,049,000
MLS #3282548 · listed July 15, 2026 · 47 days on market · updated August 13, 2026
5-bed, 3-bath home at 402 Cotton Ln in Cottonwood Est, Franklin, 3,302 sqft, $1,049,000 ($318/sqft), by Zach Taylor Real Estate.
402 Cotton Ln is a 5-bedroom, 3-bath home in Franklin, TN 37069, offered at $1,049,000, about $318/sq ft across 3,302 sq ft.
At $318/sq ft, this home is about 10% below the Cottonwood Est median list price per square foot of $352.
Market read: the Cottonwood Est market is balanced, at about 4.5 months of inventory.
All-in, about $6,398/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 $871/mo, roughly 14% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this home runs about $5,477/mo; at the 6.56% rate of about three months ago it would be roughly $5,337/mo, so monthly P&I is about $140 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 402 Cotton Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 13, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Beautiful Cape Cod home located in one of Franklin's most desirable neighborhoods - Cottonwood Estates. This home features 5 bedrooms with 3 baths. Primary Suite is located on main floor with walk in closet, updated shower and double vanities. Two other spacious rooms on main level. A large family room as you walk in front door with fireplace overlooking the fenced in backyard and neighborhood green space located behind fence. Dual staircase to 2 additional large bedrooms with jack and jill bath, a hobby room, and a very spacious bonus room over garage. This home has a large amount of storage perfect for all your off-season needs. It even has a cedar closet. Outside this lawn is well maintained and features a long driveway to the two-car attached garage in the back of the home. The community has a large pool, playground, walking trails, pickleball and lots of green space. This home is a must see!!
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 402 Cotton Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $185,000 | — | |
| Listed | $1,049,000 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 402 Cotton Ln at $1,049,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,049,000 |
|---|---|
| HOA dues | $92 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 402 Cotton Ln is about $6,398/mo, 20% down on a 30-year fixed at 6.90% (a jumbo loan), including principal & interest $5,527, estimated property tax $284, homeowners insurance $495, and HOA dues $92. Estimate only; not a loan offer.
| Principal & interest | $5,527/mo |
|---|---|
| Property tax (est.) | $284/mo |
| Homeowners insurance (est.) | $495/mo |
| HOA dues | $92/mo |
| Estimated total | $6,398/mo |
Assumes 20% down, 30-year fixed at 6.90% (Mortgage News Daily, as of August 28, 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 |
|---|---|---|---|
| 5.9% | $4,978/mo | $5,849/mo | -$549/mo |
| 6.4% | $5,249/mo | $6,120/mo | -$278/mo |
| 6.9% | $5,527/mo | $6,398/mo | current |
| 7.4% | $5,810/mo | $6,681/mo | +$283/mo |
| 7.9% | $6,099/mo | $6,970/mo | +$572/mo |
Principal & interest on a 30-year fixed at 20% down ($839,200 loan), with property tax, insurance, and HOA held constant at $871/mo. Current 30-year fixed 6.90% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 402 Cotton Ln runs about $6,398/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 $575,000 trails the $1,049,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,869 now to roughly $3,409 (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 | Cottonwood Est active | Recently sold |
|---|---|---|---|
| Price / sq ft | $318 | $352 median | - |
| Price position | 19th pctile | -10% vs median | - |
This listing beside the active Cottonwood Est market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
At $318/sq ft, this home ranks in the 19th percentile of the 8 active homes in Cottonwood Est by price per square foot.
Computed by Grant Hammond from 8 Cottonwood Est 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 | 6 in Cottonwood Est |
|---|---|
| Recent absorption | about 1.3 sales / mo |
| Months of inventory | 4.5 months, a balanced market |
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 August 29, 2026.
402 Cotton Ln sits in Cottonwood Est, Franklin, Williamson County.
In Cottonwood Est, homes there are priced around $352 per square foot; inventory is running at about 4.5 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 15 miles from downtown Nashville (straight-line distance).
402 Cotton Ln 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 402 Cotton Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 402 Cotton Ln, by price and size.
Listed with Zach Taylor Real Estate. 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 (August 13, 2026), 402 Cotton Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
402 Cotton Ln, Franklin is listed at $1,049,000, about $318 per square foot across 3,302 square feet.
5 bedrooms and 3 bathrooms.
About $318 per square foot ($1,049,000 across 3,302 sqft).
402 Cotton Ln, Franklin was built in 1982.
Yes, 2 garage spaces, per the listing.
HOA dues are $92 per month, as listed.
402 Cotton Ln, Franklin is in the Cottonwood Est subdivision of Franklin.
About $6,398 a month with 20% down on a 30-year fixed at 6.9%, principal and interest $5,527, estimated property tax $284, insurance $495, 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.
402 Cotton Ln, 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, 402 Cotton Ln, 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 $318 per square foot, 402 Cotton Ln, Franklin ranks in the 19th percentile of active Cottonwood Est listings by price per square foot, roughly 10% below the Cottonwood Est median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Cottonwood Est market is currently balanced, at about 4.5 months of inventory, per RealTracs as of 2026-08-29.
Thinking of selling in Cottonwood Est?
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