1143 Lula Ln Franklin, TN 37064
Southall NeighborhoodEstimated payment $6,524/month
Total Views
194,838
8
Acres
$138,398
Price per Acre
369,824
Sq Ft Lot
Highlights
- Pasture
- Winstead Elementary School Rated A
- Partially Fenced Property
About This Lot
Rare 8.49-Acre Opportunity in Franklin, TN Minutes from Southall Farm & Inn! Located in one of Williamson Countys most scenic and sought-after areas, this exceptional 8.49-acre property offers a rare blend of privacy, convenience, and long-term potential. Fully approved for septic and zoned MGA-1, this versatile tract boasts 562 feet of road frontage and has city water and electric already on the propertysaving you time, money, and hassle as you prepare to build. A 2,000 sq ft warehouse building provides immediate value, ideal for use as a workshop, equipment storage, or future conversion into additional usable space. The land features gently rolling topography, mature trees, and multiple buildable sitesperfect for creating a private estate, hobby farm, equestrian facility, or short-term rental retreat. Surrounded by multi-million dollar homes and luxury estates, this property is just minutes from the world-renowned Southall Farm & Inn, adding value and prestige to its already prime location. Enjoy the quiet of country living with the convenience of nearby amenities in downtown Franklin, Leipers Fork, and quick access to Highway 96 and I-840 for commuting into Nashville or beyond. With very few parcels of this size, quality, and flexibility left in this corridor, this is a rare chance to invest in a fast-growing, high-demand area of Middle Tennessee with endless potential and lasting value. Build now or hold for the futurethis is the land opportunity you've been waiting for, and it wont last long.
Listing Provided By
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,458
Lot Details
- Property fronts a county road
- Rural Setting
- Partially Fenced Property
- Barbed Wire
- Sloped Lot
- Current uses include commercial, homestead
- Potential uses include agriculture, equine, residential single, sheep/goats, for development, homestead, nursery
Outdoor Features
- Wildlife includes whitetail deer, turkeys
- Shop
Additional Features
- Easements include electric
- Pasture
- Septic Tank
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,458 | $77,575 | $62,825 | $14,750 |
| 2023 | $1,458 | $77,575 | $62,825 | $14,750 |
| 2022 | $1,458 | $77,575 | $62,825 | $14,750 |
| 2021 | $1,458 | $77,575 | $62,825 | $14,750 |
| 2020 | $1,262 | $56,850 | $41,875 | $14,975 |
| 2019 | $1,262 | $56,850 | $41,875 | $14,975 |
| 2018 | $1,439 | $56,850 | $41,875 | $14,975 |
| 2017 | $1,439 | $66,950 | $29,525 | $37,425 |
| 2016 | $1,439 | $66,950 | $29,525 | $37,425 |
| 2015 | -- | $54,475 | $22,700 | $31,775 |
| 2014 | -- | $54,475 | $22,700 | $31,775 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $1,175,000 | -6.0% | -- |
| 03/30/2025 03/30/25 | For Sale | $1,250,000 | +212.6% | -- |
| 09/17/2020 09/17/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | Price Changed | $399,900 | -8.1% | $454 / Sq Ft |
| 08/12/2020 08/12/20 | Price Changed | $435,000 | 0.0% | $494 / Sq Ft |
| 08/12/2020 08/12/20 | For Sale | $435,000 | +86.7% | $494 / Sq Ft |
| 08/01/2020 08/01/20 | Off Market | $233,000 | -- | -- |
| 06/29/2020 06/29/20 | Price Changed | $439,900 | -2.2% | $500 / Sq Ft |
| 04/18/2020 04/18/20 | For Sale | $449,900 | +93.1% | $511 / Sq Ft |
| 04/16/2020 04/16/20 | Off Market | $233,000 | -- | -- |
| 02/28/2018 02/28/18 | Sold | $233,000 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $233,000 | Solomon Parks Title & Escrow | |
| Warranty Deed | $200,000 | Solomon Parks Title & Escrow | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,618,300 | Small Business Administration | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
I grew up learning to farm from the young age of 10. Working on the farm raising registered Polled Hereford cattle taught me about how one’s work affects others and makes a difference. By the time I was a teenager, I had bought several cattle of my own and was in charge of a herd of around 50 to 60 head eventually becoming a 4-H Honor club member. Working with your hands on the farm gives you a sense of accomplishment and an admiration for hard work. I attended college at Mississippi State
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