505 Falkirk Ct, Franklin, TN 37064
505 Falkirk Ct, Franklin, TN 37064, Active at $917,500 ($316/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,908 sqft · $316/sqft · 0.23 ac.
505 Falkirk Ct, Franklin, TN 37064, Active at $917,500 ($316/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,908 sqft · $316/sqft · 0.23 ac.
Active · $917,500
MLS #3311661 · listed July 14, 2026 · 99 days on market · updated October 8, 2026
4-bed, 2.5-bath home at 505 Falkirk Ct in Sullivan Farms Sec C, Franklin, 2,908 sqft, $917,500 ($316/sqft), by Onward Real Estate.
505 Falkirk Ct is a 4-bedroom, 2.5-bath home in Franklin, TN 37064, offered at $917,500, about $316/sq ft across 2,908 sq ft.
At $316/sq ft, this home is about 6% above the Sullivan Farms Sec C median list price per square foot of $299.
Recently sold in Franklin 37064: 578 comparable homes from $599,000 to $1,235,000, a median of $320/sq ft; this listing at $316/sq ft is about 1% below recent sold prices.
Market read: the Franklin 37064 homes market is balanced, at about 3.7 months of inventory; recent sales have closed near 99% of list over the past year.
All-in, about $5,913/mo at 20% down (7.40% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $831/mo, roughly 14% of the all-in monthly payment.
At the current 7.40% 30-year rate, principal and interest on this home runs about $5,082/mo; at the 6.77% rate of about three months ago it would be roughly $4,770/mo, so monthly P&I is about $312 higher now.
School zone: assigned to Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 505 Falkirk Ct (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 8, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
This house has a surprise in Sullivan Farms... A massive Pool & Patio! You have to see this great house with 4 bedrooms and a bonus (could be a 5th bedroom if needed). Office, formal dining room and eat in kitchen - with a great laundry room and pantry. Also Hardwood floors, Both newer AC units, NEW Windows, newer hot water heater, water filtration system, encapsulated crawl space - You'll want to come see! All on a cove in Sullivan Farms! Please see the high light sheet on Sullivan Farms in the documents. *House is all brick except the bay window in front.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 505 Falkirk Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $917,500 | -$5,000 (-0.5%) | |
| Listed | $922,500 | ||
| Deed recorded | $344,900 |
Listed July 14, 2026, this listing has been on the market 99 days as of October 21, 2026. The price has been reduced once, from $922,500 to $917,500 (-0.5%), most recently on October 8, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 505 Falkirk Ct at $917,500: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $917,500 |
|---|---|
| HOA dues | $76 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 505 Falkirk Ct is about $5,913/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $5,082, estimated property tax $299, homeowners insurance $456, and HOA dues $76. Estimate only; not a loan offer.
| Principal & interest | $5,082/mo |
|---|---|
| Property tax (est.) | $299/mo |
| Homeowners insurance (est.) | $456/mo |
| HOA dues | $76/mo |
| Estimated total | $5,913/mo |
Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of October 20, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) 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 |
|---|---|---|---|
| 6.40% | $4,591/mo | $5,422/mo | -$491/mo |
| 6.90% | $4,834/mo | $5,665/mo | -$248/mo |
| 7.40% | $5,082/mo | $5,913/mo | current |
| 7.90% | $5,335/mo | $6,166/mo | +$253/mo |
| 8.40% | $5,592/mo | $6,423/mo | +$510/mo |
Principal & interest on a 30-year fixed at 20% down ($734,000 loan), with property tax, insurance, and HOA held constant at $831/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.
Owning 505 Falkirk Ct runs about $5,913/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 $473,100 trails the $917,500 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,852 now to roughly $3,592 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100)). 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 | Sullivan Farms Sec C active | Recently sold |
|---|---|---|---|
| Price / sq ft | $316 | $284 median | - |
| Price position | 83rd pctile | +11% vs median | - |
| Sullivan Farms Sec C vs Franklin 37064 area | - | -27% | - |
This listing beside the active Sullivan Farms Sec C market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.
Among the 11 active homes in Sullivan Farms Sec C, this home at $316/sq ft falls in the 83rd percentile on price per square foot.
Sullivan Farms Sec C trades about 27% below Franklin 37064 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Sullivan Farms Sec C.
Computed by Grant Hammond from 11 Sullivan Farms Sec C comparables (Realtracs via IDX), as of October 22, 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 | 383 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 103.5 sales / mo |
| Months of inventory | 3.7 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 homes sold at about 99% of list price.
Recorded sales in Franklin 37064 homes: 1150 in the past 12 months.
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 September 27, 2026.
505 Falkirk Ct sits in Sullivan Farms Sec C, Franklin, Williamson County.
In Sullivan Farms Sec C, homes there are priced around $299 per square foot; inventory in Franklin 37064 homes is running at about 3.7 months, a balanced market; recent sales in Franklin 37064 closed near 99% of list price; 578 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 9, 2026.
Approximately 19 miles from downtown Nashville (straight-line distance).
505 Falkirk Ct is zoned for Winstead Elementary School, Legacy Middle School, Centennial 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 505 Falkirk Ct - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 505 Falkirk Ct, by price and size.
Listed by Darci Ann Caesar, Onward 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.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
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 (October 8, 2026), 505 Falkirk Ct, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
505 Falkirk Ct was listed on July 14, 2026 and has been on the market 99 days as of October 21, 2026, per Realtracs.
Yes. It was first listed at $922,500. The price has been reduced once, most recently to $917,500 on October 8, 2026, a total change of -0.5%.
505 Falkirk Ct, Franklin is listed at $917,500, about $316 per square foot across 2,908 square feet.
4 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $316 per square foot ($917,500 across 2,908 sqft).
505 Falkirk Ct, Franklin was built in 1997.
Yes, 2 garage spaces, per the listing.
HOA dues are $76 per month, as listed.
505 Falkirk Ct, Franklin is in the Sullivan Farms Sec C subdivision of Franklin.
About $5,913 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $5,082, estimated property tax $299, insurance $456, and HOA $76. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
505 Falkirk Ct, Franklin is zoned for Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 505 Falkirk 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 $316 per square foot, 505 Falkirk Ct, Franklin ranks in the 76th percentile of active Sullivan Farms Sec C listings by price per square foot, roughly 6% above the Sullivan Farms Sec C median; recent comparable sales in Sullivan Farms Sec C closed near $320 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 homes market is currently balanced, at about 3.7 months of inventory; recent sales have closed near 99% of list price over the past year, per Realtracs as of September 27, 2026.
Thinking of selling in Sullivan Farms Sec C?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.
