317 Millhouse Dr, Franklin, TN 37064
317 Millhouse Dr, Franklin, TN 37064, Active at $724,900 ($275/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,640 sqft · $275/sqft · 0.18 ac.
317 Millhouse Dr, Franklin, TN 37064, Active at $724,900 ($275/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,640 sqft · $275/sqft · 0.18 ac.
Active · $724,900
MLS #3624325 · listed September 1, 2026 · 70 days on market · updated October 22, 2026
4-bed, 2.5-bath home at 317 Millhouse Dr in Founders Pointe Sec 8, Franklin, 2,640 sqft, $724,900 ($275/sqft), by Compass.
317 Millhouse Dr is a 4-bedroom, 2.5-bath home in Franklin, TN 37064, offered at $724,900, about $275/sq ft across 2,640 sq ft.
At $275/sq ft, this home is about 28% below the Franklin 37064 median list price per square foot of $383.
Recently sold in Franklin 37064: 438 comparable homes from $475,000 to $975,000, a median of $315/sq ft; this listing at $275/sq ft is about 13% below recent sold prices.
Market read: the Franklin 37064 homes market is balanced as of October 15, 2026, at about 3.9 months of inventory; recent sales have closed near 98.9% of list in the 12 months to October 24, 2026.
All-in, about $4,797/mo at 20% down (7.18% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $868/mo, roughly 18% of the all-in monthly payment.
At the current 7.18% 30-year rate, principal and interest on this home runs about $3,929/mo; at the 6.79% rate of about three months ago it would be roughly $3,777/mo, so monthly P&I is about $152 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 317 Millhouse Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 10, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
317 Millhouse Dr is on the market under more than one Realtracs listing. This page follows MLS #3624325. Also at this address:
BEST VALUE IN FOUNDERS POINTE! Zoned for Top-Rated Walnut Grove Elementary, Grassland Middle, and Franklin High. Look no further for an incredible opportunity to own a spacious, well-maintained 4-BEDROOM home just MINUTES FROM CHARMING DOWNTOWN HISTORIC FRANKLIN, offering 2,640 sq. ft. of comfortable living space in one of Franklin's most coveted communities. Set on a beautifully established lot, this property is primed for an ideal primary residence or a solid investment rental property. Several recent capital improvements provide peace of mind for years to come, including new windows with a transferable warranty, new main HVAC (plus a newer upstairs unit), a new water heater, and a fresh front door. Step inside to find a highly functional, open layout filled with exceptional natural light. The main level seamlessly flows into an inviting kitchen featuring plenty of prep space and a clear view into the adjacent family room, making it a wonderful hub for hosting loved ones. All four generously sized bedrooms are conveniently tucked away on the second floor, offering maximum privacy. A large bonus room offers ultimate flexibility for home entertainment as a media room, playroom, or a studio and includes a floored walk-in attic for effortless storage. Outside, enjoy a spacious, flat, private, fenced backyard and grilling patio, where you can create your dream outdoor living space, play area, or garden. You'll love the resort-style community amenities, including a pool, pavilion, playground, and scenic sidewalks. Nestled just minutes from charming historic Downtown Franklin, local parks, shopping & dining with convenient commuter access. This beautiful home is exceptionally clean and move-in ready, giving you the rare opportunity to secure a premium neighborhood footprint well under market averages and customize cosmetic updates over time to build immediate equity. PRICED AGGRESSIVELY FOR A QUICK & EASY TRANSACTION --- SCHEDULE YOUR SHOWING TODAY AND BRING YOUR OFFER!
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 317 Millhouse Dr (reference).
| Date | Event | Price |
|---|---|---|
| Listed | $724,900 |
Listed September 1, 2026, this listing has been on the market 70 days as of November 10, 2026. The asking price has not changed since it was listed.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
317 Millhouse Dr has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| List price | $724,900 | Realtracs MLS #3624325 | |
| Listing removed | n/a | Realtracs MLS #3543154 | |
| Price change | $749,000 | Realtracs MLS #3543154 | |
| Listed for sale | $774,000 | Realtracs MLS #3543154 | |
| Listed for sale | n/a | Realtracs MLS #3624325 |
Realtracs listing activity before September 10, 2026 is not in our archive. Recorded sales come from Williamson County public records. "by" marks a date the archive learned after the fact.
Estimated monthly ownership for 317 Millhouse Dr at $724,900: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $724,900 |
|---|---|
| HOA dues | $240 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 317 Millhouse Dr is about $4,797/mo, 20% down on a 30-year fixed at 7.18% (a conforming loan), including principal & interest $3,929, estimated property tax $236, homeowners insurance $392, and HOA dues $240. Estimate only; not a loan offer.
| Principal & interest | $3,929/mo |
|---|---|
| Property tax (est.) | $236/mo |
| Homeowners insurance (est.) | $392/mo |
| HOA dues | $240/mo |
| Estimated total | $4,797/mo |
Assumes 20% down, 30-year fixed at 7.18% (Mortgage News Daily, as of November 9, 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 |
|---|---|---|---|
| 6.18% | $3,544/mo | $4,412/mo | -$385/mo |
| 6.68% | $3,734/mo | $4,602/mo | -$195/mo |
| 7.18% | $3,929/mo | $4,797/mo | current |
| 7.68% | $4,127/mo | $4,995/mo | +$198/mo |
| 8.18% | $4,328/mo | $5,196/mo | +$399/mo |
Principal & interest on a 30-year fixed at 20% down ($579,920 loan), with property tax, insurance, and HOA held constant at $868/mo. Current 30-year fixed 7.18% (Mortgage News Daily, as of November 9, 2026). Estimate only; not a loan offer.
Owning 317 Millhouse Dr runs about $4,797/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 $455,900 trails the $724,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,785 now to roughly $2,838 (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 | $275 | $376 median | $315 median |
| Price position | 10th pctile | -27% vs median | ~98.9% of list |
| Recent closings | - | - | 438 sales |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 10, 2026.
Among the active homes in Franklin 37064, this home at $275/sq ft falls in the 10th percentile on price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of November 10, 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 | 401 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 102.8 sales / mo |
| Months of inventory | 3.9 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: 1167 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 October 15, 2026.
317 Millhouse Dr sits in Founders Pointe Sec 8, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $383 per square foot; inventory in Franklin 37064 homes is running at about 3.9 months, a balanced market; recent sales closed near 98.9% of list price; 438 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 24, 2026.
Approximately 17 miles from downtown Nashville (straight-line distance).
317 Millhouse Dr 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 317 Millhouse Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 317 Millhouse Dr, by price and size.
Listed with 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.
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 10, 2026), 317 Millhouse Dr, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
317 Millhouse Dr was listed on September 1, 2026 and has been on the market 70 days as of November 10, 2026, per Realtracs.
No. The asking price has been $724,900 since it was listed on September 1, 2026.
317 Millhouse Dr, Franklin is listed at $724,900, about $275 per square foot across 2,640 square feet.
4 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $275 per square foot ($724,900 across 2,640 sqft).
317 Millhouse Dr, Franklin was built in 1998.
Yes, 2 garage spaces, per the listing.
HOA dues are $240 per month, as listed.
317 Millhouse Dr, Franklin is in the Founders Pointe Sec 8 subdivision of Franklin.
About $4,797 a month with 20% down on a 30-year fixed at 7.18%, principal and interest $3,929, estimated property tax $236, insurance $392, and HOA $240. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
317 Millhouse Dr, 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, 317 Millhouse 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 $275 per square foot, 317 Millhouse Dr, Franklin ranks in the 10th percentile of active Franklin 37064 listings by price per square foot, roughly 28% below the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $315 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 3.9 months of inventory; recent sales have closed near 98.9% of list price over the past year, per Realtracs as of October 15, 2026.
Thinking of selling in Founders Pointe Sec 8?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.
