Ranch home in Franklin, TN
This Ranch home in Franklin, TN offers 3 bedrooms and 2.5 bathrooms across 2,706 square feet. It sits within the greater Nashville, TN area.
| Price | $1,000,000 |
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| Beds | 3 |
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| Baths | 2.5 |
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| Sqft | 2706 |
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| Architectural style | Ranch (69% match) |
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| Address | 1203 Montpier Dr, Franklin, TN 37069 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $1M, this home is 122% above the $450K median for 1563 similar Ranch homes in Nashville, TN.
- That works out to $370 per square foot, 39% above the $267 comparable rate.
- On the market 25 days.
| This home | $1,000,000 |
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| Ranch median in Nashville, TN | $450,000 (1563 homes) |
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| Price per sq ft | $370 vs. $267 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $6,407/month with 20% down at a 7.28% 30-year fixed rate. You would need about $274,587 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $5,474/mo |
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| Property tax (new-buyer reassessed rate) | $558/mo |
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| Homeowners insurance | $375/mo |
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| Total monthly | $6,407/mo |
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| Down payment (20%) | $200,000 |
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| Income needed | $274,587/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (73 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (73/100) |
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| Beats renting in | 31% of modeled paths |
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| Modeled 5-yr equity (median) | $579,520 |
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| Range (10th to 90th pct) | $364,545 to $826,772 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Nashville, TN where local data is thin.
Local home values
Typical home values in Nashville, TN have risen about 21% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia