406 N Petway St, Franklin, TN 37064
406 N Petway St, Franklin, TN 37064, Active at $849,900 ($522/sq ft). 3 bd · 2 ba · 1,627 sqft · $522/sqft · 0.29 ac.
406 N Petway St, Franklin, TN 37064, Active at $849,900 ($522/sq ft). 3 bd · 2 ba · 1,627 sqft · $522/sqft · 0.29 ac.
Active · $849,900
MLS #3518793 · updated August 20, 2026
3-bed, 2-bath home at 406 N Petway St in Petway Place, Franklin, 1,627 sqft, $849,900 ($522/sqft), by Daniel-Christian Real Estate, LLC.
406 N Petway St is a 3-bedroom, 2-bath home in Franklin, TN 37064, offered at $849,900, about $522/sq ft across 1,627 sq ft.
At $522/sq ft, this home is about 34% above the Franklin 37064 median list price per square foot of $391.
Market read: the Franklin 37064 homes market is balanced, at about 4.4 months of inventory.
All-in, about $5,153/mo at 20% down (6.81% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $716/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 $4,437/mo; at the 6.56% rate of about three months ago it would be roughly $4,324/mo, so monthly P&I is about $113 higher now.
School zone: assigned to Poplar Grove K-4, Poplar Grove 5-8, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 406 N Petway St (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 20, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
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Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 406 N Petway St (reference).
No price changes or prior sales are on record for 406 N Petway St yet; the GH Market Engine tracks this listing and will show dated activity as it occurs.
Estimated monthly ownership for 406 N Petway St at $849,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $849,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 406 N Petway St is about $5,153/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $4,437, estimated property tax $283, homeowners insurance $433. Estimate only; not a loan offer.
| Principal & interest | $4,437/mo |
|---|---|
| Property tax (est.) | $283/mo |
| Homeowners insurance (est.) | $433/mo |
| Estimated total | $5,153/mo |
Assumes 20% down, 30-year fixed at 6.81% (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 |
|---|---|---|---|
| 5.81% | $3,994/mo | $4,710/mo | -$443/mo |
| 6.31% | $4,213/mo | $4,929/mo | -$224/mo |
| 6.81% | $4,437/mo | $5,153/mo | current |
| 7.31% | $4,666/mo | $5,382/mo | +$229/mo |
| 7.81% | $4,899/mo | $5,615/mo | +$462/mo |
Principal & interest on a 30-year fixed at 20% down ($679,920 loan), with property tax, insurance held constant at $716/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 406 N Petway St runs about $5,153/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 | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $522 | $391 median | - |
| Price position | 75th pctile | +34% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
At $522/sq ft, this home ranks in the 75th 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 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 | 435 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 98.9 sales / mo |
| Months of inventory | 4.4 months, a balanced market |
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 August 29, 2026.
406 N Petway St sits in Petway Place, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $391 per square foot; inventory in Franklin 37064 homes is running at about 4.4 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 18 miles from downtown Nashville (straight-line distance).
406 N Petway St is zoned for Poplar Grove K-4, Poplar Grove 5-8, 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 406 N Petway St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 406 N Petway St, by price and size.
Listed with Daniel-Christian Real Estate, LLC. 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 20, 2026), 406 N Petway St, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
406 N Petway St, Franklin is listed at $849,900, about $522 per square foot across 1,627 square feet.
3 bedrooms and 2 bathrooms.
About $522 per square foot ($849,900 across 1,627 sqft).
406 N Petway St, Franklin was built in 1959.
No garage is reported in the listing.
No HOA dues are reported for this home.
406 N Petway St, Franklin is in the Petway Place subdivision of Franklin.
About $5,153 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $4,437, estimated property tax $283, insurance $433. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
406 N Petway St, Franklin is zoned for Poplar Grove K-4, Poplar Grove 5-8, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 406 N Petway St, 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 $522 per square foot, 406 N Petway St, Franklin ranks in the 75th percentile of active Franklin 37064 listings by price per square foot, roughly 34% above the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 homes market is currently balanced, at about 4.4 months of inventory, per RealTracs as of 2026-08-29.
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