An established neighborhood, Polk Place is located off Mack Hatcher Parkway in Franklin. Jay Franks and Sara Holliday developed it between 1994 and 2005. Holliday is the daughter of the late Sara Polk Dallas, who was a direct descendant of President James K. Polk. When Dallas died, Holliday inherited the land. Franks developed nearby Dallas Downs, also a property once owned by Sarah Polk Dallas.
“Polk Place was built by small, local construction companies so you won’t find ‘cookie cutter’ homes in this neighborhood,” says Broker Tammie White with Franklin Homes Realty LLC.
“Polk Place is known for its all brick construction, well-maintained yards, stocked fishing pond and community pool,” adds White. It’s also conveniently located. “It’s just a few minutes from historic downtown Franklin and I-65. For those interested in joining the YMCA, it is within five minutes.”
White notes that almost 40 percent of the homes listed in Franklin are new construction, which is creating homes that increasingly look alike. “Some buyers will overlook this to get new construction but many home buyers want their home to be entirely unique in comparison to their neighbor’s,” she explains. “They don’t want to deal with muddy roads, construction noise and contractors coming and going all hours of the day.”
White also points out that older homes generally have larger lot sizes and mature landscaping, which many buyers are seeking.
According to White, in 2015 the average sales price of a home in Polk Place was $430,313, up 5 percent over average sales prices in 2014. Homes sold on average for 98.8 percent of list price, and the average number of days on the market was 49. “The good news is that Polk Place homes seem to retain their value so buyers needn’t worry,” says White. “That’s great news for sellers but buyers should know they may have some competition for these homes.”
White says the involvement of the residents is another unique part of Polk Place. “There is a Knitting Club, Mommies Group and See, Taste and Share Club. You,’ll find something for everyone in this neighborhood.”
Polk Place at a glance….
Number of Homes: 370
Median Price: $418,000
Size: 2,000 – 5,000 sq. ft., one and two-level
- Custom homes
- Tree-lined sidewalks
- Community pool
- Stocked fishing pond
- Neighborhood clubs
- Conveniently located
Williamson County & Franklin Special School District
Williamson: Winstead Elementary, Page Middle, Centennial High
Franklin Special: Freedom Elementary, Freedom Middle, Centennial High