1203 Montpier Dr, Franklin, TN 37069
1203 Montpier Dr, Franklin, TN 37069, Conditional at $1,000,000 ($370/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,706 sqft · $370/sqft · 1.58 ac.
1203 Montpier Dr, Franklin, TN 37069, Conditional at $1,000,000 ($370/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,706 sqft · $370/sqft · 1.58 ac.
Conditional · $1,000,000
MLS #3593069 · listed June 26, 2026 · 102 days on market · updated October 6, 2026
3-bed, 2.5-bath home at 1203 Montpier Dr in Montpier Farms Sec 4, Franklin, 2,706 sqft, $1,000,000 ($370/sqft), by Compass RE.
1203 Montpier Dr is a 3-bedroom, 2.5-bath home in Franklin, TN 37069, offered at $1,000,000, about $370/sq ft across 2,706 sq ft.
At $370/sq ft, this home is about 3% above the Franklin 37069 median list price per square foot of $359.
Market read: the Franklin 37069 homes market is balanced, at about 3.2 months of inventory.
All-in, about $6,239/mo at 20% down (7.30% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $754/mo, roughly 12% of the all-in monthly payment.
At the current 7.30% 30-year rate, principal and interest on this home runs about $5,485/mo; at the 6.81% rate of about three months ago it would be roughly $5,221/mo, so monthly P&I is about $264 higher now.
School zone: assigned to Grassland Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 1203 Montpier Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 6, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Priced to sell! Welcome to your ideal homestead, where country living meets modern convenience. Nestled just outside the Franklin city limits, this property is conveniently located near Leiper?s Fork, downtown Franklin, Brentwood, and Green Hills. Surrounded by protected farmland, it offers serene countryside living with easy access to local shopping, dining, and top amenities. The quiet streets and friendly neighborhood make it ideal for walking and recreation. Key features include no HOA restrictions, allowing you to bring your own builder to create your dream home OR renovate the current home. The septic is approved for a 3-bedroom home, and the lot allows for chickens and goats. Top-Rated Education: Located in the highly desirable Williamson County Blue Ribbon school district, with easy access to seven prestigious private schools.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1203 Montpier Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Listed | $1,000,000 |
Listed June 26, 2026, this listing was on the market 102 days before it went under contract. It has been under contract since October 6, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 1203 Montpier Dr at $1,000,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $1,000,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 1203 Montpier Dr is about $6,239/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $5,485, estimated property tax $271, homeowners insurance $483. Estimate only; not a loan offer.
| Principal & interest | $5,485/mo |
|---|---|
| Property tax (est.) | $271/mo |
| Homeowners insurance (est.) | $483/mo |
| Estimated total | $6,239/mo |
Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 2026). Property tax uses the Williamson County (unincorporated) 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 |
|---|---|---|---|
| 6.30% | $4,952/mo | $5,706/mo | -$533/mo |
| 6.80% | $5,215/mo | $5,969/mo | -$270/mo |
| 7.30% | $5,485/mo | $6,239/mo | current |
| 7.80% | $5,759/mo | $6,513/mo | +$274/mo |
| 8.30% | $6,038/mo | $6,792/mo | +$553/mo |
Principal & interest on a 30-year fixed at 20% down ($800,000 loan), with property tax, insurance held constant at $754/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.
Owning 1203 Montpier Dr runs about $6,239/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 $449,900 trails the $1,000,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,462 now to roughly $3,250 (appraised value times the 25% Tennessee residential ratio times the Williamson County (unincorporated) rate). 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 37069 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $370 | $359 median | - |
| Price position | 55th pctile | +3% vs median | - |
This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.
Among the 137 active homes in Franklin 37069, this home at $370/sq ft falls in the 55th percentile on price per square foot.
Computed by Grant Hammond from 137 Franklin 37069 comparables (Realtracs via IDX), as of October 22, 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 | 98 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 30.6 sales / mo |
| Months of inventory | 3.2 months, a balanced market |
Supply-side and recent-sale context for Franklin 37069 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 homes closings. Source Realtracs via IDX, as of September 27, 2026.
1203 Montpier Dr sits in Montpier Farms Sec 4, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $359 per square foot; inventory in Franklin 37069 homes is running at about 3.2 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 7, 2026.
Approximately 16 miles from downtown Nashville (straight-line distance).
1203 Montpier Dr is zoned for Grassland 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 1203 Montpier Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1203 Montpier Dr, by price and size.
Listed by Kellen Moore, Compass RE. 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.
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.
As of the latest update (October 6, 2026), 1203 Montpier Dr, Franklin is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1203 Montpier Dr was listed on June 26, 2026 and went under contract on October 6, 2026, after 102 days on the market, per Realtracs.
No. The asking price has been $1,000,000 since it was listed on June 26, 2026.
1203 Montpier Dr, Franklin is listed at $1,000,000, about $370 per square foot across 2,706 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $370 per square foot ($1,000,000 across 2,706 sqft).
1203 Montpier Dr, Franklin was built in 1975.
No garage is reported in the listing.
No HOA dues are reported for this home.
1203 Montpier Dr, Franklin is in the Montpier Farms Sec 4 subdivision of Franklin.
About $6,239 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $5,485, estimated property tax $271, insurance $483. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1203 Montpier Dr, Franklin is zoned for Grassland Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 1203 Montpier 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 $370 per square foot, 1203 Montpier Dr, Franklin ranks in the 54th percentile of active Franklin 37069 listings by price per square foot, roughly 3% above the Franklin 37069 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37069 homes market is currently balanced, at about 3.2 months of inventory, per Realtracs as of September 27, 2026.
Thinking of selling in Montpier Farms Sec 4?
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