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403 William Wallace Dr, Franklin, TN 37064

403 William Wallace Dr, Franklin, TN 37064, Conditional at $849,000 ($276/sq ft). 5 bd · 3.5 ba (3 full, 1 half) · 3,073 sqft · $276/sqft · 0.17 ac.

Conditional · $849,000

5 beds3.5 baths3,073 sq ft$276 /sq ft0.17 acres

MLS #3622881 · listed October 14, 2026 · 8 days on market · updated October 22, 2026

5-bed, 3.5-bath home at 403 William Wallace Dr in Sullivan Farms Sec B, Franklin, 3,073 sqft, $849,000 ($276/sqft), by Redfin Corporation.

The quick read

403 William Wallace Dr is a 5-bedroom, 3.5-bath home in Franklin, TN 37064, offered at $849,000, about $276/sq ft across 3,073 sq ft.

At $276/sq ft, this home is priced in line with the Sullivan Farms Sec B list-price median of $276/sq ft.

Recently sold in Franklin 37064: 529 comparable homes from $552,500 to $1,145,000, a median of $317/sq ft; this listing at $276/sq ft is about 13% below recent sold prices.

Market read: the Franklin 37064 homes market is balanced as of October 15, 2026, at about 3.9 months of inventory; recent sales have closed near 98.9% of list in the 12 months to October 23, 2026.

All-in, about $6,114/mo at 20% down (7.30% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,458/mo, roughly 24% of the all-in monthly payment.

At the current 7.30% 30-year rate, principal and interest on this home runs about $4,656/mo; at the 6.81% rate of about three months ago it would be roughly $4,432/mo, so monthly P&I is about $224 higher now.

School zone: assigned to Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 403 William Wallace Dr (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of October 22, 2026. Realtracs via IDX.

This is a standard residential home, not a permitted short-term rental.

Description of 403 William Wallace Dr

Beautifully updated and truly move-in ready, this 5-bedroom, 3.5-bath home offers 3,073 square feet on a cul-de-sac in highly desirable Sullivan Farms, just minutes from historic downtown Franklin. With more than $100K in improvements, the home features a newly renovated primary bathroom (2026), custom Jack-and-Jill bathroom (2023), private office/flex space with built-ins (2023), updated kitchen (2021), and hardwood floors throughout the main level, staircase, upstairs hallway and office. A charming covered front porch overlooking the cul-de-sac welcomes you into a spacious and flexible floor plan. The renovated kitchen features professionally painted cabinetry, updated countertops, a custom reconfigured single-level island with counter seating, and recently replaced appliances, including the refrigerator and dishwasher (2024) and oven/range (2026). The main-level primary suite features a newly renovated bathroom with a custom tiled walk-in shower, frameless glass, new countertop and updated fixtures. Upstairs, the custom Jack-and-Jill bathroom features a tiled walk-in shower, frameless glass, custom vanity and tile flooring. The private office/flex space features custom built-in bookshelves, with hardwood flooring throughout the upstairs hallway and office and new carpeting in the bedrooms. An expanded and reconfigured laundry room adds even more functionality with a custom utility sink and built-in drop zone. Both HVAC systems (upstairs 2019, downstairs 2022) and the water heater (2019) have also been replaced. Outside, the fully fenced backyard offers exceptional privacy with mature trees, two decks for outdoor living and an in-ground fire pit. With extensive updates, flexible living spaces and a great Sullivan Farms location, this home offers a rare combination of move-in-ready living and space to grow just minutes from the heart of Franklin.

Listing remarks via the Realtracs Internet Data Exchange.

What the listing photos show

The listing photos show a two-story brick home with a covered front porch, white columns and an attached two-car garage in Franklin. The porch has rocking chairs and a stone retaining wall along the planted front beds, and the front windows have white plantation shutters. Inside, the entry foyer has wood floors, a sidelit front door, and an open view into the dining room and a staircase with wood handrail.

Seen in the photos: covered front porch, brick exterior, two-car garage, plantation shutters, wood floors, staircase with wood handrail, sidelit front door, formal dining room.

Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.

Highlights

2-car garageBuilt 2001Move-in ready

Full property details

Complete reported fields for 403 William Wallace Dr (reference).

MLS #3622881
StatusConditional
Price$849,000
Price / sqft$276
Bedrooms5
Bathrooms3.5 (3 full, 1 half)
Living area3,073 sqft
Lot size0.17 acres
Year built2001
All 32 property fields
Garage spaces2
Stories1
HeatingCentral, Natural Gas
CoolingYes
BasementCrawl Space, None
ConstructionBrick
ParkingGarage Door Opener, Garage Faces Front, Driveway, Attached
Annual taxes$2,994
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
Interior featuresBuilt-in Features, Entrance Foyer, High Ceilings, High Speed Internet, Open Floorplan, Walk-In Closet(s)
FireplaceYes
Architectural styleTraditional
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Natural Gas Available, Water Available, Underground Utilities
Garage typeAttached Garage, Yes
HOA dues$748 / mo
SubdivisionSullivan Farms Sec B
CountyWilliamson
AmenitiesMaintenance Grounds
ListedOctober 14, 2026
Days on market8
UpdatedOctober 22, 2026

Listing activity

DateEventPriceChange
Under contract
Listed$849,000

Listed October 14, 2026, this listing was on the market 8 days before it went under contract. It has been under contract since October 22, 2026.

Cost of ownership

Estimated monthly ownership for 403 William Wallace Dr at $849,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.

List price$849,000
HOA dues$748 / mo
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Financing 403 William Wallace Dr, Franklin

Estimated total monthly payment for 403 William Wallace Dr is about $6,114/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $4,656, estimated property tax $277, homeowners insurance $433, and HOA dues $748. Estimate only; not a loan offer.

Principal & interest$4,656/mo
Property tax (est.)$277/mo
Homeowners insurance (est.)$433/mo
HOA dues$748/mo
Estimated total$6,114/mo
7.61%6.13%7.3%February 19, 2025October 22, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.30% (Mortgage News Daily, as of October 22, 2026).

Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.30%$4,204/mo$5,662/mo-$452/mo
6.80%$4,428/mo$5,886/mo-$228/mo
7.30%$4,656/mo$6,114/mocurrent
7.80%$4,889/mo$6,347/mo+$233/mo
8.30%$5,126/mo$6,584/mo+$470/mo

Principal & interest on a 30-year fixed at 20% down ($679,200 loan), with property tax, insurance, and HOA held constant at $1,458/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.

Buy versus rent, 403 William Wallace Dr

Owning 403 William Wallace Dr runs about $6,114/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.

How this home is priced

How 403 William Wallace Dr compares in Sullivan Farms Sec B

MetricThis homeSullivan Farms Sec B activeRecently sold
Price / sq ft$276$274 median-
Price position52nd pctile+1% vs median-
Sullivan Farms Sec B vs Franklin 37064 area--28%-

This listing beside the active Sullivan Farms Sec B market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.

This listing beside the active Sullivan Farms Sec B market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

How this home compares in Sullivan Farms Sec B

At $276/sq ft, this home ranks in the 52nd percentile of the 11 active homes in Sullivan Farms Sec B by price per square foot.

Sullivan Farms Sec B trades about 28% below Franklin 37064 area on a price-per-square-foot basis.

Taken together, this home reads in line with Sullivan Farms Sec B on a per-square-foot basis.

Computed by Grant Hammond from 11 Sullivan Farms Sec B comparables (Realtracs via IDX), as of October 25, 2026, refreshed weekly.

Home prices by high-school zone in Williamson County

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 zoneMedian $/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).

Competition & market pace

Active listings401 in Franklin 37064 homes
Recent absorptionabout 102.8 sales / mo
Months of inventory3.9 months, a balanced market

Over the past 12 months, homes in Franklin 37064 homes sold at about 98.9% of list price.

Recorded sales in Franklin 37064 homes: 1166 in the past 12 months.

Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source Realtracs via IDX, as of October 15, 2026.

Location & neighborhood

403 William Wallace Dr sits in Sullivan Farms Sec B, Franklin, Williamson County.

Sullivan Farms Sec B market snapshot

In Sullivan Farms Sec B, homes there are priced around $276 per square foot; inventory in Franklin 37064 homes is running at about 3.9 months, a balanced market; recent sales in Franklin 37064 closed near 98.9% of list price; 529 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

Approximately 20 miles from downtown Nashville (straight-line distance).

Assigned schools

403 William Wallace Dr is zoned for Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

Ask Grant about 403 William Wallace Dr

Get the full details, recent comparable sales, and any off-market options for 403 William Wallace Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

Similar listings nearby

Comparable listings near 403 William Wallace Dr, by price and size.

Listed with Redfin Corporation. 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.

Nashville real estate insights

Read: Franklin TN Home Prices: The Williamson County Market Pulse
Franklin TN Home Prices: The Williamson County Market Pulse

Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.

Read: Middle Tennessee Real Estate Market Update September 2026
Middle Tennessee Real Estate Market Update September 2026

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.

Read: Middle Tennessee Real Estate Market Update August 2026
Middle Tennessee Real Estate Market Update August 2026

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.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

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.

Popular searches in Franklin

Frequently asked questions about 403 William Wallace Dr

Is 403 William Wallace Dr, Franklin still for sale?

As of the latest update (October 22, 2026), 403 William Wallace Dr, Franklin is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 403 William Wallace Dr been on the market?

403 William Wallace Dr was listed on October 14, 2026 and went under contract on October 22, 2026, after 8 days on the market, per Realtracs.

Has the price of 403 William Wallace Dr changed?

No. The asking price has been $849,000 since it was listed on October 14, 2026.

What do the photos of 403 William Wallace Dr, Franklin show?

The listing photos show a two-story brick home with a covered front porch, white columns and an attached two-car garage in Franklin. Features seen in the photos include covered front porch, brick exterior, two-car garage, plantation shutters, wood floors and staircase with wood handrail. Described from the Realtracs listing photos.

How much does 403 William Wallace Dr, Franklin cost?

403 William Wallace Dr, Franklin is listed at $849,000, about $276 per square foot across 3,073 square feet.

How many bedrooms and bathrooms does 403 William Wallace Dr, Franklin have?

5 bedrooms and 3.5 bathrooms (3 full, 1 half).

What is the price per square foot?

About $276 per square foot ($849,000 across 3,073 sqft).

When was 403 William Wallace Dr, Franklin built?

403 William Wallace Dr, Franklin was built in 2001.

Does 403 William Wallace Dr, Franklin have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $748 per month, as listed.

What subdivision is 403 William Wallace Dr, Franklin in?

403 William Wallace Dr, Franklin is in the Sullivan Farms Sec B subdivision of Franklin.

What is the estimated monthly payment for 403 William Wallace Dr, Franklin?

About $6,114 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $4,656, estimated property tax $277, insurance $433, and HOA $748. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 403 William Wallace Dr, Franklin zoned for?

403 William Wallace Dr, Franklin is zoned for Winstead Elementary School, Legacy Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

Is 403 William Wallace Dr, Franklin a short-term-rental property?

No, 403 William Wallace 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.

How do I schedule a tour of 403 William Wallace Dr, Franklin?

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.

How do I make an offer on 403 William Wallace Dr, Franklin?

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.

Are more photos and details available for 403 William Wallace Dr, Franklin?

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.

Who can tell me more about 403 William Wallace Dr, Franklin?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 403 William Wallace Dr, Franklin priced compared to the market?

At about $276 per square foot, 403 William Wallace Dr, Franklin ranks in the 49th percentile of active Sullivan Farms Sec B listings by price per square foot; recent comparable sales in Sullivan Farms Sec B closed near $317 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Franklin 37064 homes market favoring buyers or sellers?

The Franklin 37064 homes market is currently balanced, at about 3.9 months of inventory; recent sales have closed near 98.9% of list price over the past year, per Realtracs as of October 15, 2026.

Thinking of selling in Sullivan Farms Sec B?

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