1005 Market St, Franklin, TN 37067
1005 Market St, Franklin, TN 37067, Active at $880,000 ($266/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 3,304 sqft · $266/sqft · 0.2 ac.
1005 Market St, Franklin, TN 37067, Active at $880,000 ($266/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 3,304 sqft · $266/sqft · 0.2 ac.
Active · $880,000
MLS #3593131 · listed September 15, 2026 · 26 days on market · updated September 28, 2026
4-bed, 2.5-bath home at 1005 Market St in McKays Mill Sec 2, Franklin, 3,304 sqft, $880,000 ($266/sqft), by Keller Williams Realty Nashville/Franklin.
1005 Market St is a 4-bedroom, 2.5-bath home in Franklin, TN 37067, offered at $880,000, about $266/sq ft across 3,304 sq ft.
At $266/sq ft, this home is about 5% below the McKays Mill median list price per square foot of $279.
Market read: the Franklin 37067 homes market is balanced, at about 3.2 months of inventory.
All-in, about $5,977/mo at 20% down (7.48% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,064/mo, roughly 18% of the all-in monthly payment.
At the current 7.48% 30-year rate, principal and interest on this home runs about $4,913/mo; at the 6.64% rate of about three months ago it would be roughly $4,515/mo, so monthly P&I is about $398 higher now.
School zone: assigned to Clovercroft Elementary School, Fred J Page Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 1005 Market St (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 28, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
One of the most inviting outdoor living spaces in McKay?s Mill - paired with updated interior and a location just steps from the pool and walking trail. This Franklin home is designed for both everyday living and entertaining with hardwood floors throughout the main level and newly installed hardwood flooring upstairs. The main level features a private office with French doors, an elegant dining room with tray ceiling and picture frame molding, and a light- filled living room centered around a shiplap fireplace with a wall of windows overlooking the backyard. The renovated kitchen offers painted cabinetry, quartz countertops, tile backsplash, stainless steel appliances (w/ brand new range and microwave), an island with bar seating and a convenient workspace area. French doors connect the kitchen directly to the screened porch and exceptional outdoor entertaining area. Outside, the backyard truly sets this home apart. Enjoy a screened porch, stone fireplace area, custom outdoor kitchen, stacked stone bar with counter seating, cafe lighting, expansive paver patio and new fencing that creates a private setting for entertaining or relaxing. Pizza oven and TVs remain. Upstairs the spacious owners suite includes a large walk-in closet and beautifully updated bath featuring dual sinks, freestanding soaking tub and tiled walk-in shower with frameless glass door. Secondary, bedrooms offer generous storage, including walk-in closets SPECIAL FINANCING OPPORTUNITY- seller offering up to 1% toward buyer closing costs/interest rate buy down PLUS up to an additional 1% available through sellers preferred lender. Located approximately half a block from McKays Mill red trail and within walking distance of the community pool. Neighborhood amenities include, pool, playground, sidewalks, and nearby daycare. Conveniently located near shopping, dining, interstate access, and the McEwen area, this home offers the ideal Franklin lifestyle.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1005 Market St (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $880,000 | -$19,999 (-2.2%) | |
| Listed | $899,999 |
Listed September 15, 2026, this listing has been on the market 26 days as of October 11, 2026. The price has been reduced once, from $899,999 to $880,000 (-2.2%), most recently on September 28, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 1005 Market St at $880,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $880,000 |
|---|---|
| HOA dues | $334 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 1005 Market St is about $5,977/mo, 20% down on a 30-year fixed at 7.48% (a conforming loan), including principal & interest $4,913, estimated property tax $287, homeowners insurance $443, and HOA dues $334. Estimate only; not a loan offer.
| Principal & interest | $4,913/mo |
|---|---|
| Property tax (est.) | $287/mo |
| Homeowners insurance (est.) | $443/mo |
| HOA dues | $334/mo |
| Estimated total | $5,977/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% | $4,441/mo | $5,505/mo | -$472/mo |
| 6.98% | $4,674/mo | $5,738/mo | -$239/mo |
| 7.48% | $4,913/mo | $5,977/mo | current |
| 7.98% | $5,156/mo | $6,220/mo | +$243/mo |
| 8.48% | $5,403/mo | $6,467/mo | +$490/mo |
Principal & interest on a 30-year fixed at 20% down ($704,000 loan), with property tax, insurance, and HOA held constant at $1,064/mo. Current 30-year fixed 7.48% (Mortgage News Daily, as of October 9, 2026). Estimate only; not a loan offer.
Owning 1005 Market St runs about $5,977/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 $506,700 trails the $880,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,984 now to roughly $3,445 (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 | McKays Mill active | Recently sold |
|---|---|---|---|
| Price / sq ft | $266 | $284 median | - |
| Price position | 32nd pctile | -6% vs median | - |
| McKays Mill vs Franklin 37067 area | - | -12% | - |
This listing beside the active McKays Mill market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
Among the 21 active homes in McKays Mill, this home at $266/sq ft falls in the 32nd percentile on price per square foot.
McKays Mill trades about 12% below Franklin 37067 area on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for McKays Mill.
Computed by Grant Hammond from 21 McKays Mill comparables (Realtracs via IDX), as of October 11, 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 | 99 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 30.9 sales / mo |
| Months of inventory | 3.2 months, a balanced market |
Supply-side and recent-sale context for Franklin 37067 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 homes closings. Source Realtracs via IDX, as of September 27, 2026.
1005 Market St sits in McKays Mill Sec 2, Franklin, Williamson County.
In McKays Mill, homes there are priced around $279 per square foot; inventory in Franklin 37067 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 September 30, 2026.
Approximately 17 miles from downtown Nashville (straight-line distance).
1005 Market St is zoned for Clovercroft Elementary School, Fred J Page Middle School, 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 1005 Market St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1005 Market St, by price and size.
Listed by Jane Campbell, Keller Williams Realty Nashville/Franklin. 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 (September 28, 2026), 1005 Market St, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1005 Market St was listed on September 15, 2026 and has been on the market 26 days as of October 11, 2026, per Realtracs.
Yes. It was first listed at $899,999. The price has been reduced once, most recently to $880,000 on September 28, 2026, a total change of -2.2%.
1005 Market St, Franklin is listed at $880,000, about $266 per square foot across 3,304 square feet.
4 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $266 per square foot ($880,000 across 3,304 sqft).
1005 Market St, Franklin was built in 1999.
Yes, 2 garage spaces, per the listing.
HOA dues are $334 per month, as listed.
1005 Market St, Franklin is in the McKays Mill Sec 2 subdivision of Franklin.
About $5,977 a month with 20% down on a 30-year fixed at 7.48%, principal and interest $4,913, estimated property tax $287, insurance $443, and HOA $334. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1005 Market St, Franklin is zoned for Clovercroft Elementary School, Fred J Page Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 1005 Market 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 $266 per square foot, 1005 Market St, Franklin ranks in the 38th percentile of active McKays Mill listings by price per square foot, roughly 5% below the McKays Mill median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37067 homes market is currently balanced, at about 3.2 months of inventory, per Realtracs as of September 27, 2026.
Thinking of selling in McKays Mill Sec 2?
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