1227 Carriage Park Dr, Franklin, TN 37064
1227 Carriage Park Dr, Franklin, TN 37064, Active at $499,900 ($256/sq ft). 3 bd · 4 ba · 1,955 sqft · $256/sqft · 0.35 ac.
1227 Carriage Park Dr, Franklin, TN 37064, Active at $499,900 ($256/sq ft). 3 bd · 4 ba · 1,955 sqft · $256/sqft · 0.35 ac.
Active · $499,900
MLS #3547138 · listed September 11, 2026 · 29 days on market · updated September 12, 2026
3-bed, 4-bath condo at 1227 Carriage Park Dr in Carriage Park Condos, Franklin, 1,955 sqft, $499,900 ($256/sqft), by District Property Group.
1227 Carriage Park Dr is a 3-bedroom, 4-bath condo in Franklin, TN 37064, offered at $499,900, about $256/sq ft across 1,955 sq ft.
At $256/sq ft, this condo is about 35% below the Franklin 37064 median list price per square foot of $391.
Recently sold in Franklin 37064: 156 comparable condos from $325,000 to $670,000, a median of $297/sq ft; this listing at $256/sq ft is about 14% below recent sold prices.
Market read: the Franklin 37064 condos market is balanced, at about 4.6 months of inventory; recent sales have closed near 99.1% of list over the past year.
All-in, about $3,502/mo at 20% down (7.48% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $711/mo, roughly 20% of the all-in monthly payment.
At the current 7.48% 30-year rate, principal and interest on this condo runs about $2,791/mo; at the 6.64% rate of about three months ago it would be roughly $2,565/mo, so monthly P&I is about $226 higher now.
Next step: ask Grant Hammond anything about 1227 Carriage Park Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 12, 2026. Realtracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Location,Location,Location! Within minutes of Dwntn Franklin, I65, Cool Springs and Harpeth River access and city parks. Rare 3BR/3 Bth townhome situated within the quiet neighborhood of Carriage Park. Updated countertops, master bath and paint. Upon entering you are greeted with a spacious Living area with buit-in shelving and gas fireplace and separate formal dining area with built-in shelving. Off the kitchen is your private oasis on the elevated back deck overlooking the well maintained HOA green space that deer and turkey call home also. Spacious master bedroom also has access to the deck. Master Bath has new low-profile shower and flooring. Community amenities include pool and tennis court. Upstairs bedroom has sitting area/office space and is U Shaped which provides private living area. Crawlspace area could be used from some storage as it is walkable in height. Home is move-in ready.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1227 Carriage Park Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $499,900 |
Listed September 11, 2026, this listing has been on the market 29 days as of October 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.
Estimated monthly ownership for 1227 Carriage Park Dr at $499,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $499,900 |
|---|---|
| HOA dues | $225 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 1227 Carriage Park Dr is about $3,502/mo, 20% down on a 30-year fixed at 7.48% (a conforming loan), including principal & interest $2,791, estimated property tax $163, homeowners insurance $323, and HOA dues $225. Estimate only; not a loan offer.
| Principal & interest | $2,791/mo |
|---|---|
| Property tax (est.) | $163/mo |
| Homeowners insurance (est.) | $323/mo |
| HOA dues | $225/mo |
| Estimated total | $3,502/mo |
Assumes 20% down, 30-year fixed at 7.48% (Mortgage News Daily, as of October 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 |
|---|---|---|---|
| 6.48% | $2,523/mo | $3,234/mo | -$268/mo |
| 6.98% | $2,655/mo | $3,366/mo | -$136/mo |
| 7.48% | $2,791/mo | $3,502/mo | current |
| 7.98% | $2,929/mo | $3,640/mo | +$138/mo |
| 8.48% | $3,069/mo | $3,780/mo | +$278/mo |
Principal & interest on a 30-year fixed at 20% down ($399,920 loan), with property tax, insurance, and HOA held constant at $711/mo. Current 30-year fixed 7.48% (Mortgage News Daily, as of October 9, 2026). Estimate only; not a loan offer.
Owning 1227 Carriage Park Dr runs about $3,502/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.
| HOA dues | $225 / mo (about 6% of the estimated total payment) |
|---|---|
| HOA per year | $2,700 |
| HOA over 5 years | $13,500 (at current dues) |
| Effective carrying cost | $1.791 / sq ft / mo (estimated total over 1,955 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
The Williamson County appraised value of $307,800 trails the $499,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,205 now to roughly $1,957 (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 condo | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $256 | $392 median | - |
| Price position | 9th pctile | -35% 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 10, 2026.
Among the active condos in Franklin 37064, this condo at $256/sq ft falls in the 9th percentile on price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 10, 2026, refreshed weekly.
| Active listings | 116 in Franklin 37064 condos |
|---|---|
| Recent absorption | about 25.2 sales / mo |
| Months of inventory | 4.6 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 condos sold at about 99.1% of list price.
Recorded sales in Franklin 37064 condos: 300 in the past 12 months.
Supply-side and recent-sale context for Franklin 37064 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 condos closings. Source Realtracs via IDX, as of September 27, 2026.
1227 Carriage Park Dr sits in Carriage Park Condos, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $391 per square foot; inventory in Franklin 37064 condos is running at about 4.6 months, a balanced market; recent sales closed near 99.1% of list price; 156 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 10, 2026.
Approximately 18 miles from downtown Nashville (straight-line distance).
1227 Carriage Park Dr is zoned for Franklin Elementary, Freedom Intermediate, 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 1227 Carriage Park Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1227 Carriage Park Dr, by price and size.
Listed by Hank Gardner, District Property Group. 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.
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Nashville mortgage rates fell to 7.48% for the week ending October 9, 2026, down 9 basis points after Monday set a 52-week high.
As of the latest update (September 12, 2026), 1227 Carriage Park Dr, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1227 Carriage Park Dr was listed on September 11, 2026 and has been on the market 29 days as of October 10, 2026, per Realtracs.
No. The asking price has been $499,900 since it was listed on September 11, 2026.
1227 Carriage Park Dr, Franklin is listed at $499,900, about $256 per square foot across 1,955 square feet.
3 bedrooms and 4 bathrooms.
About $256 per square foot ($499,900 across 1,955 sqft).
1227 Carriage Park Dr, Franklin was built in 1985.
No garage is reported in the listing.
HOA dues are $225 per month, as listed.
1227 Carriage Park Dr, Franklin is in the Carriage Park Condos subdivision of Franklin.
About $3,502 a month with 20% down on a 30-year fixed at 7.48%, principal and interest $2,791, estimated property tax $163, insurance $323, and HOA $225. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1227 Carriage Park Dr, Franklin is zoned for Franklin Elementary, Freedom Intermediate, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
HOA dues are $225 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $256 per square foot, 1227 Carriage Park Dr, Franklin is in the 9th percentile of active listings in the Franklin 37064, about 35% below the $391 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
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 and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.
At about $256 per square foot, 1227 Carriage Park Dr, Franklin ranks in the 9th percentile of active Franklin 37064 listings by price per square foot, roughly 35% below the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $297 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 condos market is currently balanced, at about 4.6 months of inventory; recent sales have closed near 99.1% of list price over the past year, per Realtracs as of September 27, 2026.
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