513 King Richards Ct, Franklin, TN 37067
513 King Richards Ct, Franklin, TN 37067, Active at $12,750,000 ($857/sq ft). 7 bd · 9 ba · 14,876 sqft · $857/sqft · 5.05 ac.
513 King Richards Ct, Franklin, TN 37067, Active at $12,750,000 ($857/sq ft). 7 bd · 9 ba · 14,876 sqft · $857/sqft · 5.05 ac.
Active · $12,750,000
MLS #3594216 · updated October 1, 2026
7-bed, 9-bath home at 513 King Richards Ct in Avalon Sec 3, Franklin, 14,876 sqft, $12,750,000 ($857/sqft), by Real Broker.
513 King Richards Ct is a 7-bedroom, 9-bath home in Franklin, TN 37067, offered at $12,750,000, about $857/sq ft across 14,876 sq ft.
Recently sold in Franklin 37067: 4 comparable homes from $8,400,000 to $11,800,000, a median of $755/sq ft; this listing at $857/sq ft is about 14% above recent sold prices.
Market read: the Franklin 37067 homes market is balanced as of October 15, 2026, at about 3.2 months of inventory; recent sales have closed near 99.7% of list in the 12 months to October 19, 2026.
All-in, about $81,871/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 $9,360/mo, roughly 11% of the all-in monthly payment.
At the current 7.37% 30-year rate, principal and interest on this home runs about $70,414/mo; at the 6.63% rate of about three months ago it would be roughly $65,345/mo, so monthly P&I is about $5,069 higher now.
School zone: assigned to Clovercroft Elementary School, Woodland Middle School, Ravenwood High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 513 King Richards Ct (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 1, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Somewhere between earth and sky, lies a home with the most beautiful views in all of Middle Tennessee. At the highest point of Franklin, where the land rises above the surrounding landscape and the horizon stretches in every direction, 513 King Richards Court is an estate defined by its extraordinary vantage point. Set behind private gates on 5.05 acres in the Tors of Avalon community, this 14,876sqft estate was designed to capture the changing light of the rolling hills. From sunrise to sunset, the views become part of the architecture. From rolling hills, layered horizons and expansive skies creating a backdrop that changes with every season and every hour of the day. A sweeping circular drive leads to a porte-cochère and gracious entry framed by gas lanterns. Inside, the residence unfolds across multiple levels with seven bedrooms, eight full baths and two half baths, three staircases, and an elevator serving the home's expansive floor plan. More than 6,000sqft of covered porch and outdoor living space extends the architecture into the landscape, creating an exceptional setting for both intimate evenings and large-scale entertaining. An infinity pool and spa overlook the surrounding scenery, while the outdoor kitchen creates another destination for gathering beneath the Tennessee sky. The interior amenities are equally considered. A fully finished lower level provides a collection of private spaces, including a dedicated theater, wine cellar, cigar room with humidor, gym with locker room, and sauna. Five fireplaces anchor the home's principal living spaces, while Sub-Zero appliances, Control4 smart lighting, abundant storage and carefully integrated technology complement the residence's scale. The 6 car garage, with water hookups, provides substantial capacity for vehicles, collections and recreational equipment. This is a rare combination of architectural scale, privacy, amenities and setting. This is an estate where the views are a frame for sky.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 513 King Richards Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $10,200,000 | n/a |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 513 King Richards Ct at $12,750,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $12,750,000 |
|---|---|
| HOA dues | $4,200 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 513 King Richards Ct is about $81,871/mo, 20% down on a 30-year fixed at 7.67% (a jumbo loan), including principal & interest $72,511, estimated property tax $4,160, homeowners insurance $1,000, and HOA dues $4,200. Estimate only; not a loan offer.
| Principal & interest | $72,511/mo |
|---|---|
| Property tax (est.) | $4,160/mo |
| Homeowners insurance (est.) | $1,000/mo |
| HOA dues | $4,200/mo |
| Estimated total | $81,871/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% | $65,616/mo | $74,976/mo | -$6,895/mo |
| 7.17% | $69,029/mo | $78,389/mo | -$3,482/mo |
| 7.67% | $72,511/mo | $81,871/mo | current |
| 8.17% | $76,056/mo | $85,416/mo | +$3,545/mo |
| 8.67% | $79,661/mo | $89,021/mo | +$7,150/mo |
Principal & interest on a 30-year fixed at 20% down ($10,200,000 loan), with property tax, insurance, and HOA held constant at $9,360/mo. Current 30-year fixed 7.67% (Mortgage News Daily, as of October 16, 2026). Estimate only; not a loan offer.
Owning 513 King Richards Ct runs about $81,871/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 $6,775,900 trails the $12,750,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $26,528 now to roughly $49,916 (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 | Avalon active | Recently sold |
|---|---|---|---|
| Price / sq ft | $857 | $362 median | - |
| Price position | 100th pctile | +137% vs median | - |
| Avalon vs Franklin 37067 area | - | +11% | - |
This listing beside the active Avalon market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
This listing beside the active Avalon market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
At $857/sq ft, this home is among the highest-priced of the 12 active homes in Avalon by price per square foot (100th percentile).
Avalon trades about 11% above Franklin 37067 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Avalon.
Computed by Grant Hammond from 12 Avalon comparables (Realtracs via IDX), as of October 25, 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 | 105 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 32.8 sales / mo |
| Months of inventory | 3.2 months, a balanced market |
Over the past 12 months, homes in Franklin 37067 homes sold at about 99.7% of list price.
Recorded sales in Franklin 37067 homes: 368 in the past 12 months.
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 October 15, 2026.
513 King Richards Ct sits in Avalon Sec 3, Franklin, Williamson County.
In Avalon, homes there are priced around $362 per square foot; inventory in Franklin 37067 homes is running at about 3.2 months, a balanced market; recent sales in Franklin 37067 closed near 99.7% of list price; 4 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
Approximately 16 miles from downtown Nashville (straight-line distance).
513 King Richards Ct is zoned for Clovercroft Elementary School, Woodland Middle School, Ravenwood 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 513 King Richards Ct - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 513 King Richards Ct, by price and size.
Listed with Real Broker. 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 (October 1, 2026), 513 King Richards Ct, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
513 King Richards Ct, Franklin is listed at $12,750,000, about $857 per square foot across 14,876 square feet.
7 bedrooms and 9 bathrooms.
About $857 per square foot ($12,750,000 across 14,876 sqft).
513 King Richards Ct, Franklin was built in 2009.
Yes, 6 garage spaces, per the listing.
HOA dues are $4,200 per month, as listed.
513 King Richards Ct, Franklin is in the Avalon Sec 3 subdivision of Franklin.
About $81,871 a month with 20% down on a 30-year fixed at 7.67%, principal and interest $72,511, estimated property tax $4,160, insurance $1,000, and HOA $4,200. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
513 King Richards Ct, Franklin is zoned for Clovercroft Elementary School, Woodland Middle School, Ravenwood High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 513 King Richards 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 and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $857 per square foot, 513 King Richards Ct, Franklin ranks in the 100th percentile of active Avalon listings by price per square foot, roughly 137% above the Avalon median; recent comparable sales in Avalon closed near $755 per square foot. 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; recent sales have closed near 99.7% of list price over the past year, per Realtracs as of October 15, 2026.
Thinking of selling in Avalon Sec 3?
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