408 Cotton Ln, Franklin, TN 37069
408 Cotton Ln, Franklin, TN 37069, Pending at $875,000 ($390/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,246 sqft · $390/sqft · 0.31 ac.
408 Cotton Ln, Franklin, TN 37069, Pending at $875,000 ($390/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,246 sqft · $390/sqft · 0.31 ac.
Front view of the house with a green lawn and mature trees behind it.
Pending · $875,000
MLS #3622075 · listed August 7, 2026 · 81 days on market · updated October 27, 2026
4-bed, 2.5-bath home at 408 Cotton Ln in Cottonwood Est, Franklin, 2,246 sqft, $875,000 ($390/sqft), by The Gomes Agency.
Status: this home is currently under contract, per Realtracs as of October 27, 2026.
408 Cotton Ln is a 4-bedroom, 2.5-bath home in Franklin, TN 37069, offered at $875,000, about $390/sq ft across 2,246 sq ft.
At $390/sq ft, this home is about 9% above the Franklin 37069 median list price per square foot of $358.
Recently sold in Cottonwood Est: 17 comparable homes from $725,000 to $1,150,000, a median of $332/sq ft; this listing at $390/sq ft is about 17% above recent sold prices.
Market read: the Cottonwood Est market is seller-favored as of October 24, 2026, at about 1.5 months of inventory; recent sales have closed near 97.4% of list in the 12 months to October 28, 2026.
All-in, about $5,584/mo at 20% down (7.33% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $771/mo, roughly 14% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this home runs about $4,813/mo; at the 6.78% rate of about three months ago it would be roughly $4,554/mo, so monthly P&I is about $259 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 408 Cotton Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 27, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Beautifully updated Cape Cod in Cottonwood Estates, one of Franklin's most sought after neighborhoods. The bright open concept living space is filled with natural light and opens to an expansive deck overlooking a private fenced backyard with established perennials. Four bedrooms, 2.5 baths, plus a walk up attic ready for future expansion and a versatile bonus room above the garage with an oversized closet. Extensively updated inside and out: 2026 roof with hail proof shingles, 2026 updated electric inside and out, 2026 fresh paint throughout, 2024 fence and deck, 2021 ductwork and crawlspace dehumidifier, and HVACs maintained semi annually. Cottonwood Estates amenities include a saltwater pool, tennis and pickleball, playground, walking trails, river access, clubhouse, grills and firepit, frisbee golf, and social events, all for $92/month. Rooms and lot professionally measured.
Listing remarks via the Realtracs Internet Data Exchange.
The listing photos show a white vinyl-sided Cape Cod with gray shutters, a dormered roof and a brick-edged front entry in Franklin. The front lawn is open and framed by mature trees and landscaped beds, with a view over a pasture beyond the lot. Inside, the open main living area has wood floors, a brick fireplace, a dining table and a kitchen with white cabinets and a center island.
Seen in the photos: Cape Cod exterior, white vinyl siding, gray shutters, dormer windows, brick front landing, front lawn, open living area, wood floors.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 408 Cotton Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Under contract | |||
| Listed | $875,000 |
Listed August 7, 2026, this listing was on the market 81 days before it went under contract. It has been under contract since October 27, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
408 Cotton Ln has 3 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 |
|---|---|---|---|
| Under contract | n/a | Realtracs MLS #3622075 | |
| List price | $875,000 | Realtracs MLS #3622075 | |
| Pending | n/a | Realtracs MLS #3510601 | |
| by | List price | $875,000 | Realtracs MLS #3510601 |
| Listing removed | n/a | Realtracs MLS #3246341 | |
| by | Price change | $875,000 | Realtracs MLS #3246341 |
| Listed for sale | n/a | Realtracs MLS #3622075 | |
| by | Price change | $899,000 | Realtracs MLS #3246341 |
| by | Listed for sale | $925,000 | Realtracs MLS #3246341 |
Realtracs listing activity before June 20, 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 408 Cotton Ln at $875,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $875,000 |
|---|---|
| HOA dues | $92 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 408 Cotton Ln is about $5,584/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $4,813, estimated property tax $237, homeowners insurance $442, and HOA dues $92. Estimate only; not a loan offer.
| Principal & interest | $4,813/mo |
|---|---|
| Property tax (est.) | $237/mo |
| Homeowners insurance (est.) | $442/mo |
| HOA dues | $92/mo |
| Estimated total | $5,584/mo |
Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 27, 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 |
|---|---|---|---|
| 6.33% | $4,347/mo | $5,118/mo | -$466/mo |
| 6.83% | $4,577/mo | $5,348/mo | -$236/mo |
| 7.33% | $4,813/mo | $5,584/mo | current |
| 7.83% | $5,054/mo | $5,825/mo | +$241/mo |
| 8.33% | $5,298/mo | $6,069/mo | +$485/mo |
Principal & interest on a 30-year fixed at 20% down ($700,000 loan), with property tax, insurance, and HOA held constant at $771/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 27, 2026). Estimate only; not a loan offer.
Owning 408 Cotton Ln runs about $5,584/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 $523,500 trails the $875,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,701 now to roughly $2,844 (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 | $390 | $364 median | $332 median |
| Price position | 64th pctile | +7% vs median | ~97.4% of list |
| Recent closings | - | - | 17 sales |
This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
Among the 126 active homes in Franklin 37069, this home at $390/sq ft falls in the 64th percentile on price per square foot.
Computed by Grant Hammond from 126 Franklin 37069 comparables (Realtracs via IDX), as of November 4, 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 | 2 in Cottonwood Est |
|---|---|
| Recent absorption | about 1.3 sales / mo |
| Months of inventory | 1.5 months, a seller-favored market (tight supply) |
Over the past 12 months, homes in Cottonwood Est sold at about 97.4% of list price.
Recorded sales in Cottonwood Est: 17 in the past 12 months.
Supply-side and recent-sale context for Cottonwood Est. Sale figures are trailing 6/12/24-month medians of recorded Cottonwood Est closings. Source Realtracs via IDX, as of October 24, 2026.
408 Cotton Ln sits in Cottonwood Est, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $358 per square foot; inventory in Cottonwood Est is running at about 1.5 months, a seller-favored market; recent sales in Cottonwood Est closed near 97.4% of list price; 17 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.
Approximately 15 miles from downtown Nashville (straight-line distance).
408 Cotton Ln 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 408 Cotton Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 408 Cotton Ln, by price and size.
Listed with The Gomes Agency. 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 27, 2026), 408 Cotton Ln, Franklin is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
408 Cotton Ln was listed on August 7, 2026 and went under contract on October 27, 2026, after 81 days on the market, per Realtracs.
No. The asking price has been $875,000 since it was listed on August 7, 2026.
The listing photos show a white vinyl-sided Cape Cod with gray shutters, a dormered roof and a brick-edged front entry in Franklin. Features seen in the photos include Cape Cod exterior, white vinyl siding, gray shutters, dormer windows, brick front landing and front lawn. Described from the Realtracs listing photos.
408 Cotton Ln, Franklin is listed at $875,000, about $390 per square foot across 2,246 square feet.
4 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $390 per square foot ($875,000 across 2,246 sqft).
408 Cotton Ln, Franklin was built in 1977.
Yes, 2 garage spaces, per the listing.
HOA dues are $92 per month, as listed.
408 Cotton Ln, Franklin is in the Cottonwood Est subdivision of Franklin.
About $5,584 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $4,813, estimated property tax $237, insurance $442, and HOA $92. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
408 Cotton Ln, 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, 408 Cotton Ln, 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 $390 per square foot, 408 Cotton Ln, Franklin ranks in the 65th percentile of active Franklin 37069 listings by price per square foot, roughly 9% above the Franklin 37069 median; recent comparable sales in Franklin 37069 closed near $332 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Cottonwood Est market is currently seller-favored (tight supply), at about 1.5 months of inventory; recent sales have closed near 97.4% of list price over the past year, per Realtracs as of October 24, 2026.
Thinking of selling in Cottonwood Est?
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