How has Cool Springs changed over the past year?

Prices in Cool Springs, Franklin, Tennessee are down 0.9% over the past year. The neighborhood also has a 2.7 gross yield, pricing about 15% below the city median and 45% above the state median, walkability of 59, education in the 90th percentile, and a Red Flag score of 62.

How does Cool Springs compare with Franklin and Tennessee?

Cool Springs, Franklin, Tennessee is priced about 15% below the city median and 45% above the state median. It pairs that with a 2.7 gross yield, price movement down 0.9% over the past year, walkability of 59, education in the 90th percentile, and a Red Flag score of 62.

Neighborhood

Cool Springs

Franklin, Tennessee US

Cool Springs, Franklin, Tennessee has an investment profile shaped by pricing about 15% below the city median and 45% above the state median, a 2.7 gross yield, and a price trend down 0.9% over the past year. The neighborhood also posts walkability of 59, education in the 90th percentile, and a Red Flag score of 62. The education percentile is a notable strength, while the low gross yield and higher Red Flag score make the profile more selective.

AI Summary•Updated May 2026

Area

5.75 mi²

ZIP Code

37067

County

Williamson County

State

Tennessee

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$872,241

YoY-0.9%

Gross Rental Yield

2.7%

Listed rent · ZORI annualized

Red Flag Index

High

62 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

90 / 100

Excellent · better than 90% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Limited

DistrictScore attractiveness · national model

Cool Springs Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Cool Springs, Franklin.

Unlock the Cool Springs 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$872,241	-0.9%
Price / Sq Ft (Verified)	$309/sqft	-0.9%
Asking Rent (Median)	$1,986/mo	+1.8%
Gross Rental Yield	2.7%	—
Liquidity Score	32 / 100	Low
Homes Sold (Period)	99	-26.1%

Is Cool Springs Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Tennessee crime context.

Red Flag Breakdown

62 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake80Very High

Tornado80Very High

Strong Wind80Very High

Flood60High

Wildfire60High

Hail60High

Hurricane40Moderate

Heat40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Tennessee averaged 26.2 crimes and 5.9 violent per 1,000 residents (-11.8% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Active transaction volume — 99 homes sold last period

Dense amenities — 78 dining & 13 grocery options nearby

Earthquake risk is Very High (80/100)

Tornado risk is Very High (80/100)

Insights are generated from Cool Springs's live DistrictScore metrics.

Cool Springs Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Tennessee-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.3 µg/m³ Meets EPA, above WHO guideline-13.8% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Cool Springs centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 28% of U.S. neighborhoods.

Tennessee Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	26.2	5.9	-11.8%
2023	30.1	6.4	+2.8%
2022	29.7	6.4	+2.6%
2021	29.3	6.7	-6.4%
2020	31.7	6.7	-2.1%
2019	32.6	6.0	—

Reported at the state level — the finest official US crime aggregation; Cool Springs inherits the Tennessee figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Cool Springs

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Cool Springs

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

59

Somewhat Walkable

Walkability Score

13

Grocery

78

Dining

1

Schools

0

Universities

5

Hospitals

3

Pharmacies

4

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Cool Springs's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Cool Springs vs Franklin vs Tennessee

How Cool Springs benchmarks against its city and state medians.

Benchmark vs City & State

Across Cool Springs, the median sale price sits about 15% below the median for Franklin neighborhoods and about 45% above the statewide median. Gross rental yield is 2.7%, against 3.0% for Franklin neighborhoods and 4.8% statewide. Over the past 12 months, prices fell 0.9%. Transaction liquidity sits below the median for Franklin neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Cool Springs	$309/sqft	2.7%	32
Franklin	$362/sqft	3.0%	62
Tennessee	$213/sqft	4.8%	40

Unlock the Cool Springs benchmark

Compare Cool Springs against Franklin and Tennessee medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Tennessee tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.46% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No state capital gains tax.

Transfer Tax

Real estate transfer tax: 0.37%.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Tennessee property-tax guidance for foreign buyers

Latest Franklin Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Cool Springs Real Estate FAQ

Cool Springs, Franklin, Tennessee has a selective investment profile. Gross yield is 2.7, prices are about 15% below the city median and 45% above the state median, and prices are down 0.9% over the past year. The Red Flag score is 62, with walkability of 59.

Neighborhoods near Cool Springs

Compare Cool Springs with nearby neighborhoods in Franklin.

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