RARE GEM: Fully renovated DREAMY luxury ranch style home nestled in Cool Springs on nearly 2 full acres with 2 full luxury kitchens, in law/full basement suite and space galore! Main living opens to soaring ceilings and white brick fireplace. Luxury white kitchen recently renovated with stunning quartz countertops, bar seating w/waterfall island, Wolf 5 burner gas range & double ovens, Bosch dishwasher and fridge. Separate chef’s pantry with bar sink, wine fridge and lovely glass cabinetry. Oversized pantry. Massive owner’s suite with soaring double tray ceilings, 2 custom closets with wood shelving, large serene bathroom suite with double vanities, sep sinker tub and massive shower featuring multiple showerheads and rain head shower feature. 3 remaining beds up with 2 full baths. Downstairs basement/in law suite offers zero step entry into multiple living spaces, full bedroom & bath, full luxury kitchen & cozy living rm. Outdoor space feat. covered living and fire pit.
Single-familyProperty Type
1979Year Built
1.95 acresLot Size
$423Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Danielle Schellenberg• Tyler York Real Estate Brokers, LLC
Contact: 6292355900
Bought with Garry Price• The Ashton Real Estate Group of RE/MAX Advantage
Your DREAM Ranch Renovation on 1.95 acres in Cool Springs! Gutted to the studs with 4850 Sq Ft and EVERYTHING you've been looking for! Brand new addition with massive owner suite and 3 car garage plus additional parking. Brand new designer kitchen. New hardwoods, new tile, new fixtures, new lighting. 4 bedrooms 3.5 baths on the main level. Incredible basement in-law suite or studio with 5th bedroom, full bath, full kitchen, living room with fireplace and multiple flex spaces.
REALTRACS as Distributed by MLS Grid #2207096
Jan 6, 2021
Listing Removed
—
Nov 15, 2020
Listed
$1,449,900
$299/sq ft
REALTRACS as Distributed by MLS Grid #2114347
Mar 12, 2020
Sold
$585,000
$121/sq ft
Feb 28, 2020
Contingent
—
Jan 15, 2020
Listed
$649,900
$134/sq ft
REALTRACS as Distributed by MLS Grid #2071936
Jan 3, 2020
Listing Removed
—
Nov 12, 2019
Price Changed
$649,900
$134/sq ft
Oct 8, 2019
Price Changed
$674,900
$139/sq ft
Aug 15, 2019
Listed
$699,900
$144/sq ft
REALTRACS as Distributed by MLS Grid #1731878
Aug 8, 2016
Sold
$374,500
$77/sq ft
Jul 30, 2016
Pending
—
Jun 18, 2016
Contingent
—
May 20, 2016
Listed
$379,900
$78/sq ft
Public Records
Dec 19, 2005
Sold
$317,000
$65/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,816 (+4.2%)
$132,325 + $315,025
$447,350
2024
$5,579
$132,325 + $315,025
$447,350
2023
$5,579
$101,450 + $195,300
$296,750
2022
$5,579
$101,450 + $195,300
$296,750
2021
$5,579 (+176.9%)
$101,450 + $195,300
$296,750
2020
$2,015
$101,450 + $195,300
$296,750
2019
$2,015 (+3.3%)
$41,175 + $49,575
$90,750
2018
$1,951
$41,175 + $49,575
$90,750
2017
$1,951
$41,175 + $49,575
$90,750
2016
$1,951 (+2.6%)
$41,175 + $49,575
$90,750
2015
$1,901
$41,175 + $49,575
$90,750
2014
$1,901
Tax history for 505 Franklin Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,816 (+4.2%)
$132,325 + $315,025
$447,350
2024
$5,579
$132,325 + $315,025
$447,350
2023
$5,579
$101,450 + $195,300
$296,750
2022
$5,579
$101,450 + $195,300
$296,750
2021
$5,579 (+176.9%)
$101,450 + $195,300
$296,750
2020
$2,015
$101,450 + $195,300
$296,750
2019
$2,015 (+3.3%)
$41,175 + $49,575
$90,750
2018
$1,951
$41,175 + $49,575
$90,750
2017
$1,951
$41,175 + $49,575
$90,750
2016
$1,951 (+2.6%)
$41,175 + $49,575
$90,750
2015
$1,901
$41,175 + $49,575
$90,750
2014
$1,901
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1.95 Acres
Year renovated
2019
Sq. Ft.
4,805
Year built
1979
Style
Other
County
Williamson County
APN
053 01400 00008053
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
MGA-1
SCO
Municipal Growth Area District- 1
The purpose of the Municipal Growth Area District 1 MGA-1 is for this area to remain largely undeveloped until such a time as the land may be annexed into a municipality. Until such annexation, the municipal growth areas are considered a part of the County’s rural landscape and as such, this district is established to protect the rural character of Williamson County by allowing for agricultural, rural, and low-density residential development.