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Moving to Lockwood Glen in Franklin, TN: new homes, small lots and a school split

Key takeaway

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.

Who this guide is for

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

DeveloperCrescent Resources (221 acres bought January 2013; Pearl Street Partners as development manager)
City record2016; 638 units approved, SD-R zoning (includes apartments)
Single-family lots recorded208 residential parcels in sections 1 to 7
Lot sizeMedian 0.155 acre; middle 80% 0.061 to 0.233 acre
County appraisalMedian $866,250; middle 80% $631,000 to $1,086,600
City limitsInside the City of Franklin (area annexed 1999)
School systemSplit between FSSD and WCS: check each address
ZIP37064 (Zillow typical value $901,467, September 2026)
HOA duesNot published online: ask for the resale certificate

What it costs to own in Lockwood Glen each year

$3,529Property tax and HOA per year
$294Per month
$0HOA dues per 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 isLockwood Glen?Better fit
A house built in the last decadeYes
A quarter-acre yardRarely: 90% of lots are under 0.233 acreSullivan Farms or Founders Pointe
FSSD at every addressNo: splitForrest Crossing
Quick access to Cool Springs officesYes, 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 measureLow end (10th percentile)MedianHigh end (90th percentile)
Lot size0.061 acre0.155 acre0.233 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 GlenForrest Crossing
Started2016 city record (land bought 2013)1987
Median lot0.155 acre0.187 acre
Median county appraisal$866,250$703,000
School systemSplit FSSD / WCSFSSD (PreK-8), WCS high school
Straight line to Main Street3.6 miles2.4 miles
GolfNoneAdjacent 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)

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.

Moving to Lockwood Glen: FAQs

How many homes are in Lockwood Glen?

The county parcel layer shows 208 single-family residential lots in sections 1 to 7. The city approved 638 units in 2016, a figure that includes apartments, and the 2013 plan called for up to 384 for-sale homes. The for-sale count may still grow, so check the approved plan for any vacant land near a house you like.

When was Lockwood Glen built?

Crescent Resources bought the 221-acre site in January 2013, and the City of Franklin's subdivision layer records Lockwood Glen in 2016. That makes it the newest plan among the ten subdivisions compared in this guide. The year built for any house is on its county parcel record, along with which of the seven recorded sections it sits in.

Is Lockwood Glen inside Franklin city limits?

Yes. The area was annexed into the City of Franklin in 1999 under Ordinance 98-62, and the Census Bureau's geocoder places the neighborhood inside city limits. Homes pay the county rate plus Franklin's city rate, plus the FSSD levy where the address falls in that district. Confirm on the county parcel record.

What school system serves Lockwood Glen, FSSD or Williamson County Schools?

Both. FSSD's own neighborhood list marks Lockwood Glen as split between the Franklin Special School District and Williamson County Schools, and two Census test points inside it fell in WCS. Look up the exact address with each district before you make an offer, since the system also changes the tax rate.

What are the HOA fees in Lockwood Glen?

The HOA doesn't publish its dues online, so we don't print a figure. The resale certificate from the HOA lists the current dues, the transfer fee and any special assessment. Ask for it early in the contract period, along with a note on which common areas the dues maintain.

Who developed Lockwood Glen?

Crescent Resources bought the 221-acre site from South Carothers Partners in January 2013 and named Pearl Street Partners as development manager. No source we opened names the builder of each house, so ask the listing agent who built a specific one and request any remaining warranty paperwork.

What is the richest neighborhood in Franklin, TN?

On home values, it isn't Lockwood Glen: new construction lifts its median county appraisal to $866,250 on small lots, mid-range for the ten subdivisions compared in this guide. The top of the county roll among them is Legends Ridge at $2,089,200, and Zillow's highest-valued Franklin area is McLemore at $1,415,604 (September 2026).

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