312 Ledgelawn Ct, Franklin, TN 37064
312 Ledgelawn Ct, Franklin, TN 37064, Pending at $2,795,000 ($777/sq ft). 5 bd · 5.5 ba (5 full, 1 half) · 3,596 sqft · $777/sqft · 0.29 ac.
312 Ledgelawn Ct, Franklin, TN 37064, Pending at $2,795,000 ($777/sq ft). 5 bd · 5.5 ba (5 full, 1 half) · 3,596 sqft · $777/sqft · 0.29 ac.
Pending · $2,795,000
MLS #3541110 · listed August 24, 2026 · 31 days on market · updated October 3, 2026
5-bed, 5.5-bath home at 312 Ledgelawn Ct in Ledgelawn, Franklin, 3,596 sqft, $2,795,000 ($777/sqft), by Compass.
Status: this home is currently under contract, per Realtracs as of October 3, 2026.
312 Ledgelawn Ct is a 5-bedroom, 5.5-bath home in Franklin, TN 37064, offered at $2,795,000, about $777/sq ft across 3,596 sq ft.
Market read: the Franklin 37064 homes market is balanced, at about 3.7 months of inventory.
All-in, about $18,103/mo at 20% down (7.67% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $2,207/mo, roughly 12% of the all-in monthly payment.
At the current 7.67% 30-year jumbo rate, principal and interest on this home runs about $15,896/mo; at the 6.83% rate of about three months ago it would be roughly $14,622/mo, so monthly P&I is about $1,274 higher now.
School zone: assigned to Johnson Elementary, Freedom Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 312 Ledgelawn Ct (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 3, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Have you ever dreamed of living in Downtown Franklin? Tucked along one of its most beloved streets, this exceptional home offers a rare combination of privacy, tranquility, and proximity to Main Street. Begin your mornings with coffee on the expansive covered front porch and end your evenings in the beautifully secluded backyard, listening to the gentle sound of the fountain, gathering around the large brick wood-burning fireplace, or enjoying dinner from the outdoor grill. Inside, thoughtful upgrades, custom millwork, and beautifully designed spaces create warmth and character throughout. Just minutes away, enjoy Downtown Franklin's locally loved restaurants, boutiques, live music, and treasured traditions, including PumpkinFest, Dickens of a Christmas, and the Christmas tree lighting on the Square. Homes in this quiet cul-de-sac setting rarely become available. This is a special opportunity to enjoy the charm and connection of Downtown Franklin while still having a peaceful, private place to call home. Notable features include a main-level primary suite, steam shower in primary bathroom, whole-home Generac generator, water softening and purification systems, Pella impact-resistant windows, whole-home fire sprinkler system, encapsulated crawlspace, and HVAC UV air purification. Please see the attached list for additional features, upgrades, and thoughtfully appointed finishes.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 312 Ledgelawn Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Under contract | |||
| Listed | $2,795,000 | ||
| Deed recorded | $975,000 |
Listed August 24, 2026, this listing was on the market 31 days before it went under contract. It went under contract on September 24, 2026 and has been pending, no longer showing, since October 3, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 312 Ledgelawn Ct at $2,795,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $2,795,000 |
|---|---|
| HOA dues | $350 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 312 Ledgelawn Ct is about $18,103/mo, 20% down on a 30-year fixed at 7.67% (a jumbo loan), including principal & interest $15,896, estimated property tax $912, homeowners insurance $945, and HOA dues $350. Estimate only; not a loan offer.
| Principal & interest | $15,896/mo |
|---|---|
| Property tax (est.) | $912/mo |
| Homeowners insurance (est.) | $945/mo |
| HOA dues | $350/mo |
| Estimated total | $18,103/mo |
Assumes 20% down, 30-year fixed at 7.67% (Mortgage News Daily, as of October 16, 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 |
|---|---|---|---|
| 6.67% | $14,384/mo | $16,591/mo | -$1,512/mo |
| 7.17% | $15,132/mo | $17,339/mo | -$764/mo |
| 7.67% | $15,896/mo | $18,103/mo | current |
| 8.17% | $16,673/mo | $18,880/mo | +$777/mo |
| 8.67% | $17,463/mo | $19,670/mo | +$1,567/mo |
Principal & interest on a 30-year fixed at 20% down ($2,236,000 loan), with property tax, insurance, and HOA held constant at $2,207/mo. Current 30-year fixed 7.67% (Mortgage News Daily, as of October 16, 2026). Estimate only; not a loan offer.
Owning 312 Ledgelawn Ct runs about $18,103/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 $1,415,100 trails the $2,795,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $5,540 now to roughly $10,942 (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 | $777 | $395 median | - |
| Price position | 87th pctile | +97% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 16, 2026.
Among the active homes in Franklin 37064, this home at $777/sq ft falls in the 87th percentile on price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 16, 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 |
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.
312 Ledgelawn Ct sits in Ledgelawn, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $392 per square foot; inventory in Franklin 37064 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 October 4, 2026.
Approximately 18 miles from downtown Nashville (straight-line distance).
312 Ledgelawn Ct is zoned for Johnson Elementary, Freedom 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 312 Ledgelawn Ct - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 312 Ledgelawn Ct, by price and size.
Listed by Jeannie Bankins, Compass. 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.
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 3, 2026), 312 Ledgelawn Ct, Franklin is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
312 Ledgelawn Ct was listed on August 24, 2026 and went under contract on September 24, 2026, after 31 days on the market, per Realtracs.
No. The asking price has been $2,795,000 since it was listed on August 24, 2026.
312 Ledgelawn Ct, Franklin is listed at $2,795,000, about $777 per square foot across 3,596 square feet.
5 bedrooms and 5.5 bathrooms (5 full, 1 half).
About $777 per square foot ($2,795,000 across 3,596 sqft).
312 Ledgelawn Ct, Franklin was built in 2014.
Yes, 2 garage spaces, per the listing.
HOA dues are $350 per month, as listed.
312 Ledgelawn Ct, Franklin is in the Ledgelawn subdivision of Franklin.
About $18,103 a month with 20% down on a 30-year fixed at 7.67%, principal and interest $15,896, estimated property tax $912, insurance $945, and HOA $350. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
312 Ledgelawn Ct, Franklin is zoned for Johnson Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 312 Ledgelawn 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 $777 per square foot, 312 Ledgelawn Ct, Franklin ranks in the 87th percentile of active Franklin 37064 listings by price per square foot, roughly 98% 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 3.7 months of inventory, per Realtracs as of September 27, 2026.
Thinking of selling in Ledgelawn?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.