Lockwood Glen in Franklin, TN is the pick if you want a house built in the last decade a short drive from Carothers Parkway, Cool Springs and I-65, and you don't need much yard. It's the newest master plan of the ten subdivisions compared in this guide and the most tightly built, with a median lot of about a sixth of an acre. The catch is the school line: the plan is split between the Franklin Special School District (FSSD) and Williamson County Schools (WCS), so look up the address before you compare two listings. If you want a quarter acre instead, Stream Valley is the newer plan to set against it.
You're moving to Franklin for a job near Cool Springs or I-65 and want a newer house, and Lockwood Glen is on your list.
Is Lockwood Glen right for you?
Lockwood Glen fits if
- You want a house built in the last decade inside Franklin's city limits: the city recorded Lockwood Glen in 2016.
- You want a short run to Carothers Parkway and Cool Springs: the Galleria is about 4.6 miles away in a straight line.
- You'd rather maintain a small lot: the median is 0.155 acre and 90% of lots are under a quarter acre.
Look elsewhere if
- You want a quarter-acre yard at a lower appraisal: Sullivan Farms has a 0.227-acre median lot at $759,000.
- You want certainty on FSSD for every address: Forrest Crossing is entirely on FSSD's list.
- You want a newer plan for less: Stream Valley appraises at a $717,950 median.
Lockwood Glen at a glance
| Developer | Crescent Resources (221 acres bought January 2013; Pearl Street Partners as development manager) |
|---|---|
| City record | 2016; 638 units approved, SD-R zoning (includes apartments) |
| Single-family lots recorded | 208 residential parcels in sections 1 to 7 |
| Lot size | Median 0.155 acre; middle 80% 0.061 to 0.233 acre |
| County appraisal | Median $866,250; middle 80% $631,000 to $1,086,600 |
| City limits | Inside the City of Franklin (area annexed 1999) |
| School system | Split between FSSD and WCS: check each address |
| ZIP | 37064 (Zillow typical value $901,467, September 2026) |
| HOA dues | Not published online: ask for the resale certificate |
What it costs to own in Lockwood Glen each year
Prefilled with the typical price used in this guide for Lockwood Glen. Add HOA dues if the home has them: ask the HOA for its current budget. Insurance isn't estimated: get a quote.
Tax year 2026 rates (Williamson County and city 2026 rate tables). Tennessee assesses homes at 25% of appraised value. An estimate, not a tax bill: confirm the jurisdiction on the parcel record and check with the Williamson County Trustee or a CPA.
Is Lockwood Glen a good fit for a Franklin relocation?
It's the pick if a newer house matters more to you than a yard: you're paying for recent construction and a short run to Carothers Parkway and I-65, not for land.
The catch is the school line. FSSD marks Lockwood Glen as split between its district and WCS, so the system and the tax rate change by address. Settle that before you compare two listings on price.
| If your priority is | Lockwood Glen? | Better fit |
|---|---|---|
| A house built in the last decade | Yes | |
| A quarter-acre yard | Rarely: 90% of lots are under 0.233 acre | Sullivan Farms or Founders Pointe |
| FSSD at every address | No: split | Forrest Crossing |
| Quick access to Cool Springs offices | Yes, via Carothers Parkway |
The Lockwood Glen school split and what it does to the Franklin tax bill
FSSD's neighborhood list lists Lockwood Glen with an asterisk that marks it as split between FSSD and WCS. Two Census Bureau test points inside the plan both fell in WCS, but two points can't show how the plan divides, and only the address lookup settles it. Check each house on FSSD's neighborhood list and in the WCS school zone finder. FSSD runs PreK-8; its students go on to WCS high schools.
WCS-side tax in Lockwood Glen
Inside city limits and outside FSSD, the 2026 combined rate is $1.566 per $100 of assessed value. At the median appraisal of $866,250, assessed at 25%, the bill comes to about $3,391 a year, or $283 a month. That's the default the cost tool uses for this page.
FSSD-side tax in Lockwood Glen
Inside both the city and FSSD, the 2026 rate is $2.2433. The same median house would pay about $4,858 a year, $1,467 more than its WCS-side neighbor. Switch the tool to "Franklin + FSSD" if your address lands there. The 2026 Williamson County tax rate guide lists every combination.
Who developed Lockwood Glen and what the plan allows
Crescent Resources, the Lockwood Glen developer
Crescent Resources bought 221 acres from South Carothers Partners in January 2013, with Pearl Street Partners as development manager. The site has about a mile of frontage on the Carothers Parkway extension on the I-65 corridor, about a mile south of Murfreesboro Road. The City of Franklin annexed the area in 1999 under Ordinance 98-62, well before anything was built.
The original Lockwood Glen plan of 384 homes
The 2013 announcement called for up to 384 for-sale homes and 240 apartments, starting with 70 single-family homesites and 27 townhomes. That mix is why the Lockwood Glen name covers rentals as well as houses for sale.
The 2016 city approval for Lockwood Glen
The city's subdivision layer records Lockwood Glen in 2016 with 638 units approved under SD-R zoning, a figure that counts the apartments. The county parcel layer shows 208 single-family residential lots across seven sections so far.
Is Heartwood at Lockwood Glen part of the neighborhood HOA?
No. Heartwood at Lockwood Glen is an apartment community, and the city lists a distinct apartment tract alongside the for-sale subdivision. Apartment residents rent from the property's owner; the HOA governs the for-sale homes. A review that mentions rent, pet fees or a leasing office is about the apartments. Ask the HOA, in writing, which common areas its dues maintain and whether any are shared with the apartment tract.
Lockwood Glen lot sizes and county appraisals
How small Lockwood Glen lots run
The smallest tenth of lots here are townhome-sized, and nine in ten stop short of a quarter acre. If a side yard or a pool matters, filter by lot size before you look at photos, because the photos won't tell you.
Appraisals in the seven Lockwood Glen sections
The county's median appraisal after the 2025 reappraisal is $866,250, which puts Lockwood Glen above Stream Valley and Sullivan Farms despite the smaller lots. That's what new construction costs on the tax roll. It's a tax value, not a sale price, so use it to compare houses here and the recent sales to write the offer.
| Lockwood Glen measure | Low end (10th percentile) | Median | High end (90th percentile) |
|---|---|---|---|
| Lot size | 0.061 acre | 0.155 acre | 0.233 acre |
| County appraisal | $631,000 | $866,250 | $1,086,600 |
The 37064 ZIP value in the Lockwood Glen cost tool
Zillow publishes no subdivision figure. Its typical value for the 37064 ZIP, $901,467 in September 2026, is where the cost tool on this page starts; put the list price of the house you're considering in its place.
Buying a newer house in Lockwood Glen: four checks
Work through these before your due-diligence period runs out.
Builder warranty on a Lockwood Glen resale
Ask the seller for the builder's warranty documents: which items are still covered, until when, and whether coverage transfers to you. Get any transfer confirmed in writing before closing. If the builder has a claims process, find out whether the seller has open requests.
The approved Lockwood Glen plan next door
With 638 units approved and 208 single-family lots recorded, parts of the plan are still to be built or belong to the apartment tract. Look at the recorded plat and the city's approved plan for any open ground near the house. What's shown there is what can be built, whatever the view looks like today.
Covenants on a small Lockwood Glen lot
On a lot of about 0.155 acre, rules on fences, sheds, pools and additions decide what you can do with the yard. Read the covenants and any architectural review rules in the resale package before you plan changes.
School and tax side of a Lockwood Glen address
Run the FSSD and WCS lookups on the exact address and set the tax tool to match. Of these four checks, it's the one with a number attached: about $1,467 a year at the median appraisal.
The lake park, amenities and HOA dues in Lockwood Glen
Robinson Lake park project at Lockwood Glen
A construction listing describes a park at the Robinson Lake dam with costs shared by the City of Franklin and the developer. We couldn't confirm its status on a city source, so ask the HOA three things: what's open, what's still planned, and whether the city or the HOA pays to maintain it. The last answer can show up in your dues.
HOA dues in Lockwood Glen
No dues figure is published. Request the resale certificate as soon as you're under contract, and ask who pays for any common area shared with the apartments.
Lockwood Glen or Forrest Crossing: what decides it
Both sit near Murfreesboro Road on Franklin's east side, and both can put you in FSSD. Age separates them: one was recorded in 2016, while Forrest Crossing started in 1987.
| Lockwood Glen | Forrest Crossing | |
|---|---|---|
| Started | 2016 city record (land bought 2013) | 1987 |
| Median lot | 0.155 acre | 0.187 acre |
| Median county appraisal | $866,250 | $703,000 |
| School system | Split FSSD / WCS | FSSD (PreK-8), WCS high school |
| Straight line to Main Street | 3.6 miles | 2.4 miles |
| Golf | None | Adjacent 18-hole course |
Choose Lockwood Glen for new construction and fewer near-term repairs. Choose Forrest Crossing if FSSD is a must for every address and you'll take an older house for a median appraisal about $163,000 lower.
Getting to Cool Springs and I-65 from Lockwood Glen
Straight-line distances from Lockwood Glen to Cool Springs and downtown Franklin
From the middle of the plan, CoolSprings Galleria is about 4.6 miles in a straight line and Main Street about 3.6 miles. The Carothers Parkway frontage gives you a route north to the Cool Springs offices without using I-65. For Nashville and the airport, compare routes on the I-65 commute guide.
See how it compares with every other plan on the guide to Franklin neighborhoods. Bill can check which side of the school line a listing sits on before you book a flight to tour it.
Sources (10)
- PR Newswire: Crescent Resources acquires 221 acres for new residential community
- City of Franklin Planning MapServer: Subdivisions layer
- Williamson County parcel layer (City of Franklin Planning MapServer, layer 2)
- City of Franklin Planning MapServer: annexation layer
- U.S. Census Bureau geocoder: city limits and school district
- Franklin Special School District: neighborhoods by school
- Williamson County Schools: school zones
- Williamson County: 2026 Property Tax Rates and Calculator
- Zillow Research: Home Value Index (September 2026)
- ConstructConnect: Lockwood Glen / Robinson Lake dam park project listing (search snippet)
Reviewed by Bill Diebenow
Bill reviewed this page for accuracy on November 3, 2026. Figures come from the sources listed above. Our research process.
Bill Diebenow is a Franklin, Tennessee Realtor® and LeadingRE Relocation Specialist with Compass, helping families and executives relocate to Franklin and Williamson County.
- $26M+Career sales volume, as reported by Bill
- 34Client reviews, as reported by Bill
- 10 yrsSince Bill moved his own family to Tennessee
Career figures as published on billdiebenow.com (About), read November 2026.