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5029 Owenruth Dr Lot 114, Franklin, TN, 37069

4beds
4baths
3,434sqft
$1,275,000
$371price/sqft
$7,535/moest. monthly cost
$301,400/yrincome needed

About This Home

NEW PRICE REDUCTION!! Welcome to 5029 Owenruth Drive in Reese—an exceptional opportunity to experience refined living in one of Franklin’s most thoughtfully designed communities. This 4-bedroom, 3.5-bath home offers approximately 3,434 square feet of well-executed living space, blending timeless architecture with modern comfort and intentional design. The layout is both expansive and highly functional, creating a natural flow between the main living areas while offering defined spaces for privacy and flexibility. The main level hosts a spacious primary suite, providing a convenient and private retreat, while the upper level features three additional bedrooms and a generous bonus room—ideal for a variety of uses including a media space, home office, or additional living area. The kitchen is designed to impress and perform, featuring high-end appliances, beautiful finishes, generous cabinetry, and a walk-in pantry—perfectly suited for both everyday living and elevated entertaining. The adjoining living and dining spaces are filled with natural light and thoughtfully arranged to support both intimate gatherings and larger-scale hosting. Outdoor living is seamlessly integrated with inviting porch spaces that extend the livability of the home and provide a quiet setting to enjoy the surrounding neighborhood. The Reese community is intentionally curated to offer a lock-and-leave lifestyle, with maintained grounds and a focus on simplicity without compromising design. Located just minutes from downtown Franklin, Brentwood, and Nashville, the location offers both convenience and connectivity. Builder incentives available—ask for details. A compelling opportunity to own a home that delivers scale, design, and lifestyle with clarity and intention. Taxes are approximate as this is new construction.

Getting Around

8
WalkingCar-Dependent
13
TransitMinimal Transit
25
BikeSomewhat Bikeable

Schools

9/10
Poplar Grove K-4Grades PK-40.3 mi
6/10
Poplar Grove 5-8Grades 5-80.3 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2024

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Gas Range,Dishwasher,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedroom1

  • Features: Suite
  • Level: Suite
  • Area: 224
  • Dimensions: 16x14

Bedroom2

  • Features: Bath
  • Level: Bath
  • Area: 216
  • Dimensions: 18x12

Bedroom3

  • Features: Bath
  • Level: Bath
  • Area: 168
  • Dimensions: 14x12

Bedroom4

  • Features: Walk-In Closet(s)
  • Level: Walk-In Closet(s)
  • Area: 168
  • Dimensions: 14x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Features: Combination
  • Level: Combination
  • Area: 140
  • Dimensions: 14x10

Features

  • Kitchen Island
  • Flooring: Carpet,Wood,Tile
  • Finished area above ground: 3,434

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,434
  • Total interior livable area: 3,434 sqft

Kitchen

  • Area: 198
  • Dimensions: 18x11

Living Room

  • Features: Combination
  • Level: Combination
  • Area: 288
  • Dimensions: 18x16

Master Bathroom

  • Features: Double Vanity
  • Level: Double Vanity

Other

  • Features: Utility Room
  • Level: Utility Room
  • Area: 66
  • Dimensions: 11x6

Recreation Room

  • Features: Second Floor
  • Level: Second Floor
  • Area: 308
  • Dimensions: 22x14

Property

Details

  • Parcel number: 094063H C 02500 00009063H
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Covered,Porch

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 40 x 113

Parking

  • Total spaces: 4
  • Parking features: Garage Door Opener,Alley Access,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather
Earthquake
Ice Storm

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,447$77,364
Home Insurance $416$4,992
Property Taxes $393$4,716
Electricity $279$3,348
Total$7,535$90,420

Income You'd Need if You Spent...

35% on housing$258,342/yr
40% on housing$226,050/yr
45% on housing$200,933/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$371This listing

vs Other Active Listings

Avg $/sqft

ZIP 37069$397
Williamson County$383

vs Homes Sold Last Month

Median $/sqft

ZIP 37069$351
Williamson County$322

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-03Price change$1,190,000
2026-04-15Listed for sale$1,209,500
2026-04-15Listing removed$1,209,500
2025-12-30Listed for sale$1,209,500
2025-12-24Listing removed$1,209,500
2025-09-30Listed for sale$1,209,500
2025-09-23Listing removed$1,209,500
2025-08-07Price change$1,209,500
2025-05-23Price change$1,207,000
2024-12-26Listed for sale$1,195,000

New Construction

AgentSarah Wiley
BrokerageKeller Williams Realty Nashville/Franklin

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