Franklin Homes under $500,000

Welcome to Franklin, Tennessee—a charming city nestled just south of Nashville that beautifully blends small-town warmth with vibrant urban amenities. Known for its rich history, stunning architecture, and a lively arts scene, Franklin offers a perfect backdrop for anyone looking to call this delightful city home. With its picturesque Main Street lined with unique boutiques, cafes, and historical landmarks, residents enjoy a lifestyle that celebrates both tradition and modernity.

Franklin is also renowned for its family-friendly atmosphere, excellent schools, and a strong sense of community. Outdoor enthusiasts will appreciate the numerous parks, trails, and recreational facilities that encourage an active lifestyle. The city hosts various annual festivals and events, fostering a close-knit community spirit that makes it easy to connect with neighbors and friends.

For those searching for their dream home without breaking the bank, Franklin offers a variety of charming properties priced under $500,000. These homes often feature classic Southern architecture, spacious yards, and modern amenities, providing an ideal setting for families, young professionals, or retirees. Whether you’re looking for a cozy cottage or a contemporary townhouse, Franklin’s real estate market has something to suit every taste and budget.

With its blend of historical charm, community spirit, and affordable housing options, Franklin is not just a place to live—it's a place to thrive. Discover your perfect home in this enchanting city and experience the warmth and hospitality that makes Franklin truly special.

Newest Franklin Homes under $500,000

$189,900

2 Beds ⋅ 1 Baths ⋅ 3624897 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 42134 Zip Code

Welcome to 1525 Reeder School Road, a charming country retreat set on a beautiful one-acre lot with mature trees just outside Franklin, KY. Recently updated for modern living, this cozy home features two bedrooms, one full bathroom, and a warm, inviting layout. Inside, you’ll find a comfortable den, an eat-in kitchen with a pantry, and a separate utility room for added convenience. Outdoor living is easy with a covered front porch, a covered side entrance, and a spacious deck perfect for relaxing or entertaining. Located just minutes from downtown Franklin and close to I-65 Exit 6, this home offers quick access to Bowling Green and Nashville while maintaining peaceful country charm. Schedule your private showing today!

1525 Reeder School Rd, Franklin

$382,000

3 Beds ⋅ 3 Baths ⋅ 3624367 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 37064 Zip Code

Located minutes from Downtown Franklin, this 3BD 2.5BA townhome in Hardison Hills is easy convienient Franklin living! Over 1,400 sqft of living space - a bright living room greats you with a cozy fireplace, arched feature lets you see the living space from kitchen, dedicated dining room separate from the kitchen and half bath on main level. All the bedrooms located on the 2nd floor with elevated ceilings in primary bedroom. 2nd full bath on second level. Private fenced yard outdoor patio. Community offers pool

1101 Downs Blvd Unit 243, Franklin

$486,900

3 Beds ⋅ 3 Baths ⋅ 3624304 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

Welcome to your new home in the highly sought-after Simmons Ridge Community in Franklin. This move-in ready end-unit townhome features 3 bedrooms and 2.5 baths, offering an open-concept layout that seamlessly integrates the kitchen, dining, and living areas. The modern kitchen boasts ample prep and seating space with a large island, granite countertops, and stainless steel appliances. Upstairs, the expansive primary bedroom offers an en-suite bathroom with double vanities, providing a private retreat. Enjoy the nice covered porch, perfect for relaxation and entertainment. Additional features include an attached one-car garage, driveway parking, and ample guest parking. Simmons Ridge offers fantastic community amenities, including a pool, walking trails, and a playground. Don’t miss the opportunity to make this beautiful townhome your own! Tour our beautifully staged model home Thursday to Saturday from 11am - 5 pm and Sunday from 1-5 pm located at 7007 Gracious Dr.

7108 Gracious Dr, Franklin

$486,900

3 Beds ⋅ 3 Baths ⋅ 3624306 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

Welcome to your new home in the sought-after Simmons Ridge Community in Franklin. This move-in ready townhome features 3 bedrooms and 2.5 baths with a thoughtfully designed open-concept layout that unites the kitchen, dining, and living spaces. The modern kitchen, equipped with a large island, granite countertops, and stainless steel appliances, offers plenty of space for both cooking and seating. Upstairs, the expansive primary bedroom includes an en-suite bathroom with double vanities, providing a serene escape. The covered deck is perfect for unwinding or entertaining. Additional perks include an attached one-car garage, driveway parking, and ample guest parking. Simmons Ridge also provides excellent community amenities like a pool, walking trails, and a playground. Don’t miss your chance to call this stunning townhome your own! Tour our beautifully staged model home Thursday to Saturday from 11am - 5 pm and Sunday from 1-5 pm located at 7007 Gracious Dr.

7043 Gracious Dr, Franklin

$483,900

3 Beds ⋅ 3 Baths ⋅ 3624307 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

1074 Sweetleaf Dr, Franklin

$314,900

3 Beds ⋅ 2 Baths ⋅ 3624132 MLS ⋅ ACTIVE Status ⋅ 0.69 Acres ⋅ 42134 Zip Code

Welcome to 1010 S College Street in Franklin, Kentucky—a beautifully updated brick ranch that offers the perfect blend of comfort, style, and convenience. This home features 3 bedrooms, 2 full baths, a formal dining room, and a spacious living room with a cozy gas fireplace framed by built-in shelving and cabinets. Thoughtful updates complement the home's timeless appeal, while the primary suite provides generous closet space. Outside, you'll find plenty of space for enjoying every season. Relax on the inviting covered front porch or the spacious covered back patio overlooking a large, partially fenced backyard (playground reserved, but negotiable) with mature shade trees. A 3-car attached garage adds everyday convenience, and the home's location near local schools, shopping, dining, and other amenities makes it an excellent opportunity in the Franklin, KY market. This property is ready to welcome you home. Schedule your private showing today!

1010 S College St, Franklin

$249,999

2 Beds ⋅ 2 Baths ⋅ 3623719 MLS ⋅ ACTIVE Status ⋅ 37064 Zip Code

Seller is highly motivated and priced to Sell - Bring us an Offer! Discover stress free living in one of Franklin’s most convenient locations with this beautiful condo offering a great layout, generous living space and a two bedrooms. Unbeatable location with sidewalks to downtown Franklin, quick access to Pinkerton Park, nearby restaurants, shopping, Cool Springs, I65 and an easy drive to downtown Nashville. The HOA covers water, sewer, trash, lawn, shrub care, exterior maintenance and insurance. Plus enjoy access to a pool, tennis courts, a playground, and grassy areas for pets. Dedicated parking spaces for your convenience and visitor parking. Whether you are a first time buyer, downsizing, or looking for a turnkey investment with rental flexibility, this home delivers an easy, low maintenance lifestyle in the heart of Franklin. (Sold as is where is at this price)

1011 Murfreesboro Rd Unit K4, Franklin

$399,900

2 Beds ⋅ 2 Baths ⋅ 3623501 MLS ⋅ COMING SOON Status ⋅ 0.48 Acres ⋅ 37064 Zip Code

Bring your architect, designer and builder to this large level lot and make your dream home a reality just about a mile from the square in Historic Downtown Franklin. Walk to Hank's coffee and Pueblo Real. Don't miss this great opportunity Builders, here is a lot you've been looking for. no HOA

624 Eastview Cir Unit A, Franklin

$359,900

2 Beds ⋅ 2 Baths ⋅ 3623445 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 37064 Zip Code

Move-in ready and like new, this beautifully updated 2 bedroom, 1.5 bath condo in Regency Square is just about a mile from historic downtown Franklin. The kitchen shines with new countertops and brand new, never used appliances. Fresh paint and newer flooring run throughout. Both bedrooms are upstairs and share a Jack and Jill style bathroom that gives each bedroom its own sink, and a convenient half bath sits on the main level. Both baths have been refreshed with new counters, sinks, and mirrors. The roof and carport covers were replaced in Summer 2024. Enjoy two covered carport spaces and low-maintenance living, with the HOA covering exterior maintenance, grounds, and insurance. Right next to Jim Warren Park and close to shopping, dining, and everything Franklin has to offer. Vacant and easy to show.

609 Boyd Mill Ave Unit 15, Franklin

$359,900

2 Beds ⋅ 2 Baths ⋅ 3622532 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 37064 Zip Code

Attention Investors! Excellent investment opportunity with long-term renter in place until the end of March 2027. Welcome to 110 Velena Drive, a beautifully maintained one-level town home in the heart of Franklin, TN, offering style, space, and comfort in one of Williamson County’s most sought-after towns. This charming residence features 2 bedrooms, 2 full baths, and over 1,000 square feet of living space designed for modern living. Step inside to find an open floor plan with new hardwood floors, high ceilings, and abundant natural light. The spacious living room flows seamlessly into the kitchen boasting white cabinets, granite countertops, stainless steel appliances. The primary bedroom and secondary bedrooms are located on the main level. Located in a quiet neighborhood just minutes from historic Downtown Franklin, Cool Springs, and award-winning Williamson County schools, this home combines small-town charm with everyday convenience. Refrigerator, washer and dryer included. Current lease expires the end of March 2027 and rental amount is $1,900 per month. Rental increase to $2,000 - $2,100 a month after lease expires. Shedule your private showing today and experience the best of Franklin living at 110 Velena Drive!

110 Velena St, Franklin

$400,000

2 Beds ⋅ 2 Baths ⋅ 3621468 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 37067 Zip Code

Updated 2 bedroom, 2 bath condo in Cool Springs, McKays’ Mill neighborhood. Both bedrooms have large walk in closets. Minutes from Shopping, restaurants, bike and walking trails. This neighborhood has a beautiful pool, wading pool, exercise facility, walking trails, tennis and neighborhood sidewalks. NO CARPET in this beautiful upper level flat. Garage is 2 car tandem parking. Additional street parking out front. Well cared for home.

1942 Turning Wheel Ln, Franklin

$338,000

2 Beds ⋅ 2 Baths ⋅ 3619797 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 37067 Zip Code

Great Location in Franklin close to I65. Small community of townhomes tucked away. Freshly Painted. Fireplace in Living Room with Mantel to decorate for the holidays. Luxury Vinyl Flooring Throughout. All the appliances are included in the kitchen remain. Washer and Dyer remain. Kitchen has garden window for all your plants to blossom. Granite countertop, plenty of cabinets and a pantry. Kitchen has back door that leads to a private fenced in patio for your morning and evening enjoyment. Upstairs has two nice size bedrooms with plenty of closet space. Attic Storage. Home comes with a Bonus - King size bed frame and furniture remain if you would like. Home comes with 2 assigned parking spaces located in front of Unit. Number 35 and 36. This unit is close to everything, Hopsital, Shopping, Cool Springs Mall, Restaurants, etc.

200 N Royal Oaks Blvd Unit J2, Franklin

Start Your Search

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

Franklin Homes under $500,000

Newest Franklin Homes under $500,000

How much is your home worth?

How much is your home worth?