123 Gallagher Dr, Franklin, TN 37064
123 Gallagher Dr, Franklin, TN 37064, under contract, still showing at $850,000 ($266/sq ft). 4 bd · 3 ba · 3,192 sqft · $266/sqft · 0.22 ac.
123 Gallagher Dr, Franklin, TN 37064, under contract, still showing at $850,000 ($266/sq ft). 4 bd · 3 ba · 3,192 sqft · $266/sqft · 0.22 ac.
Under contract, still showing · $850,000
MLS #3512913 · listed August 11, 2026 · 86 days on market · updated November 5, 2026
4-bed, 3-bath home at 123 Gallagher Dr in Polk Place Sec 9, Franklin, 3,192 sqft, $850,000 ($266/sqft), by Onward Real Estate.
123 Gallagher Dr is a 4-bedroom, 3-bath home in Franklin, TN 37064, offered at $850,000, about $266/sq ft across 3,192 sq ft.
At $266/sq ft, this home is about 29% below the Franklin 37064 median list price per square foot of $373.
Recently sold in Franklin 37064: 524 comparable homes from $552,500 to $1,146,292, a median of $316/sq ft; this listing at $266/sq ft is about 16% below recent sold prices.
Market read: the Franklin 37064 homes market is balanced as of November 4, 2026, at about 3.6 months of inventory; recent sales have closed near 98.9% of list in the 12 months to November 6, 2026.
All-in, about $5,850/mo at 20% down (7.30% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,188/mo, roughly 20% of the all-in monthly payment.
At the current 7.30% 30-year rate, principal and interest on this home runs about $4,662/mo; at the 6.74% rate of about three months ago it would be roughly $4,406/mo, so monthly P&I is about $256 higher now.
School zone: assigned to Franklin Elementary, Freedom Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 123 Gallagher Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 12, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
NEW PRICE on this Exceptional Main-Level Living in Polk Place! This TN Valley Homes custom built, one owner home with 4 bedrooms/3 full baths & a dedicated home office - all on the main level - is a combination rarely found that makes this home truly special. Step inside to soaring ceilings, gleaming hardwoods throughout and a light-filled floor plan designed for both comfortable everyday living & entertaining.Select photos have been virtually staged to showcase the home's potential & bring the possibilities of this home to life. Off the foyer, a beautiful dedicated office/study w/glass French doors provides the privacy & separation for working from home w/out giving up a bedroom. Updated Primary Bath includes separate whirlpool tub, beautiful new tiled shower and 2 walk-in closets with built-ins. Upstairs, a huge bonus room adds even more space for a media room, game room, fitness area, playroom or whatever suits your lifestyle. Sit on your screened patio & enjoy the privacy of a level privacy fenced back yard w/an additional patio area for entertaining or having meals outdoors. An oversized garage perfect for all of your handyman or parking needs. Nestled in desirable Polk Place, you're approximately a mile from Target, shopping, restaurants & everyday conveniences along Columbia Avenue, yet just minutes from the boutiques, dining & charm of Historic Downtown Franklin & walkable Main Street. This home is incredibly convenient to shopping, dining, parks, & award-winning Williamson County schools. Additionally, Polk Place offers wonderful amenities including social activities, a pool, fishing pond with fountain, & sidewalks for peaceful morning & evening strolls. Priced to make it your own, this home offers the space, floor plan & Franklin location that are increasingly difficult to find. Bring your vision & create something truly special at 123 Gallagher Drive. You don't want to let this one get away! Under Contract w/Sale of Home Contingency. Continue to show.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 123 Gallagher Dr (reference).
| Date | Event | Price | |
|---|---|---|---|
| Under contract | |||
| Price change | $850,000 | -$25,000 (-2.9%) | |
| Price change | $875,000 | -$10,000 (-1.1%) | |
| Listed | $885,000 | ||
| Deed recorded | $300,000 |
Listed August 11, 2026, this listing was on the market 86 days before it went under contract. It was originally listed at $885,000; the last asking price was $850,000 (-4.0%). It has been under contract since November 5, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 123 Gallagher Dr at $850,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $850,000 |
|---|---|
| HOA dues | $478 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 123 Gallagher Dr is about $5,850/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $4,662, estimated property tax $277, homeowners insurance $433, and HOA dues $478. Estimate only; not a loan offer.
| Principal & interest | $4,662/mo |
|---|---|
| Property tax (est.) | $277/mo |
| Homeowners insurance (est.) | $433/mo |
| HOA dues | $478/mo |
| Estimated total | $5,850/mo |
Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of November 10, 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 |
|---|---|---|---|
| 6.30% | $4,209/mo | $5,397/mo | -$453/mo |
| 6.80% | $4,433/mo | $5,621/mo | -$229/mo |
| 7.30% | $4,662/mo | $5,850/mo | current |
| 7.80% | $4,895/mo | $6,083/mo | +$233/mo |
| 8.30% | $5,133/mo | $6,321/mo | +$471/mo |
Principal & interest on a 30-year fixed at 20% down ($680,000 loan), with property tax, insurance, and HOA held constant at $1,188/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of November 10, 2026). Estimate only; not a loan offer.
Owning 123 Gallagher Dr runs about $5,850/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 $560,600 trails the $850,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,195 now to roughly $3,328 (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 | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $266 | $378 median | $316 median |
| Price position | 10th pctile | -30% vs median | ~98.9% of list |
| Recent closings | - | - | 524 sales |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 12, 2026.
At $266/sq ft, this home ranks in the 10th percentile of the active homes in Franklin 37064 by price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of November 12, 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 | 381 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 105.8 sales / mo |
| Months of inventory | 3.6 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 homes sold at about 98.9% of list price.
Recorded sales in Franklin 37064 homes: 1157 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 November 4, 2026.
123 Gallagher Dr sits in Polk Place Sec 9, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $373 per square foot; inventory in Franklin 37064 homes is running at about 3.6 months, a balanced market; recent sales closed near 98.9% of list price; 524 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 6, 2026.
Approximately 19 miles from downtown Nashville (straight-line distance).
123 Gallagher Dr is zoned for Franklin Elementary, Freedom 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 123 Gallagher Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 123 Gallagher Dr, by price and size.
Listed by Angie Faulkner, 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 (November 12, 2026), 123 Gallagher Dr, Franklin is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
123 Gallagher Dr was listed on August 11, 2026 and went under contract on November 5, 2026, after 86 days on the market, per Realtracs.
Yes. It was originally listed at $885,000; the asking price is now $850,000 (-4.0%).
123 Gallagher Dr, Franklin is listed at $850,000, about $266 per square foot across 3,192 square feet.
4 bedrooms and 3 bathrooms.
About $266 per square foot ($850,000 across 3,192 sqft).
123 Gallagher Dr, Franklin was built in 2001.
Yes, 2 garage spaces, per the listing.
HOA dues are $478 per month, as listed.
123 Gallagher Dr, Franklin is in the Polk Place Sec 9 subdivision of Franklin.
About $5,850 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $4,662, estimated property tax $277, insurance $433, and HOA $478. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
123 Gallagher Dr, Franklin is zoned for Franklin Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 123 Gallagher 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.
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 $266 per square foot, 123 Gallagher Dr, Franklin ranks in the 10th percentile of active Franklin 37064 listings by price per square foot, roughly 29% below the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $316 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 3.6 months of inventory; recent sales have closed near 98.9% of list price over the past year, per Realtracs as of November 4, 2026.
Thinking of selling in Polk Place Sec 9?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.