7120 Wallace Rd

Fairview, TN 37062

$725,000
Price
3
Beds
1,806 Sq. Ft.
$401 / Sq. Ft.
1,806
Sq. Ft.
$401
per Sq. Ft.
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Description

This charming 1958 stone cottage has been thoughtfully transformed into a stunning modern farmhouse, blending timeless character with elevated, high-end finishes. From the moment you step inside, the details stand out—shiplap accents, a farmhouse sink, Sub-Zero refrigerator, and Smeg gas oven create a warm yet sophisticated space designed for both everyday living and entertaining. Situated on a private 1.59-acre lot with mature trees and 246’ of road frontage, this property presents a rare combination...This charming 1958 stone cottage has been thoughtfully transformed into a stunning modern farmhouse, blending timeless character with elevated, high-end finishes. From the moment you step inside, the details stand out—shiplap accents, a farmhouse sink, Sub-Zero refrigerator, and Smeg gas oven create a warm yet sophisticated space designed for both everyday living and entertaining. Situated on a private 1.59-acre lot with mature trees and 246’ of road frontage, this property presents a rare combination of space, privacy, and natural beauty. Enjoy quiet mornings or evenings on the covered porch overlooking the expansive backyard, complete with seasonal lake views in the winter. The property also includes a prepared drainage pad suitable for a future barn or additional outbuilding, with flexibility for a range of uses. Currently operating as an Airbnb, the property provides flexibility for use as an investment property or a private single-family residence. Opportunities like this are increasingly limited. Located in Fairview, a rapidly developing area with significant new construction and infrastructure underway, and just minutes from Franklin and Bellevue. A unique property combining character, privacy, and versatility.
  1. Listed by Steve Koleno • Beycome Brokerage Realty, LLC
    P: (804)-656-5007 contact@beycome.com

Property Details for 7120 Wallace Road

Pets Allowed
Yes
Subdivision Name
n/a
Waterfront
No
LISTING UPDATED: 05/04/2026 09:38 AM

Property Details for 7120 Wallace Road

StatusActive
MLS #3184001
Days on Market5
Taxes$1,502 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1958
Lot Size1.59 AC / 69,260 SF
CountyWilliamson County
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Location

Listing Courtesy of Beycome Brokerage Realty, LLC, Steve Koleno (804.656.5007)
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Building Information for 7120 Wallace Road

Stories1Year Built1958Building Size-Lot Size1.59 AC / 69,260 SF

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$3,776 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,651

Property Taxes

$125

HOA Dues

$0

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Property Information for 7120 Wallace Road

Summary
Location and General Information
  • Directions: Drive northeast on Fairview Bld/TN 100. Continue on Fairview Bld. Right to Wallace Road. Property is on the right.
  • Elementary School: Westwood Elementary School
  • High School: Fairview High School
  • Levels: One
  • Living Area Source: Other
  • Living Area Units: Square Feet
  • Middle Or Junior School: Fairview Middle School
  • Mlg Can View: Yes
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Other
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Other
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Other
  • Building Area Units: Square Feet
  • Flooring: Wood, Tile
Lot Information
  • Lot Size Source: Owner
  • Lot Size Units: Acres
  • Parcel Number: 094023 04000 00001023
  • Lot Size Area: 1.59
Property and Assessments
  • Construction Materials: Hardboard Siding, Stone
  • Documents Count: 3
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Renovated
Utilities
  • Basement: Crawl Space
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Electric, Heat Pump
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Oven, Gas Range, Dishwasher, Disposal, Dryer
  • Interior Features: Air Filter, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Walk-In Closet(s)
  • Other Equipment: Air Purifier
Bedroom Information
  • Main Level Beds: 3
Exterior Features
  • Attached Garage: No
  • Covered Spaces: .00
  • Exterior Features: Smart Lock(s), No Dock
  • Foundation Details: Block
  • Garage: No
  • Pool Private: No
  • View YN: No

Property History for 7120 Wallace Road

DateEvent & SourcePriceAppreciation
Apr 28, 2026

Listed (Active)

REALTRACS #3184001

$725,000—
Jul 28, 2020

Closed (Public Record)

Public Record #676310146

$450,000

+37.6% / yr

Jul 28, 2020

Closed

REALTRACS #2162108

$450,000—
DateEvent & SourcePrice
04/28/2026

Listed (Active)

REALTRACS #3184001

$725,000
07/28/2020

Closed (Public Record)

Public Record #676310146

$450,000

+37.6% / yr

07/28/2020

Closed

REALTRACS #2162108

$450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7120 Wallace Road

Taxable ValueLand$39,900Additions$109,850Total$149,750
Tax Record2025$2,831 ($236 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,806 SqFtAbove Grade Finished SqFt1,806 SqFtStories1Lot Size69,260 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated2010CountyWILLIAMSONAPN094023 04000Fireplace TypeHas Fireplace

Schools near 7120 Wallace Road

This home is within Williamson County School District.
Rating
School
Type
Grades
Distance
Westwood Elementary School
Public - PK to 5
Fairview Middle School
Public - 6 to 8
Fairview High School
Public - 9 to 12
Discovery Virtual K-8 School
Public - K to 8
Rating
School
Distance
Westwood Elementary School
PublicPK to 5

Fairview Middle School
Public6 to 8

Fairview High School
Public9 to 12

Discovery Virtual K-8 School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7120 Wallace Road, Fairview, TN 37062

7120 Wallace Road is a single family home for sale in Fairview, TN 37062. This property was listed for sale on April 28, 2026 by Beycome Brokerage Realty, LLC, it's currently listed at $725,000. It has been on the market for a total of 5 days and was last sold on July 28, 2020. This listing's school district is Williamson County School District. Nearby schools include Westwood Elementary School, Fairview Middle School and Fairview High School. 7120 Wallace Road is a 3-bed, 2-bath, 1,806 sqft single family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beycome Brokerage Realty, LLC, Steve Koleno (804.656.5007)

Based on information submitted to the MLS GRID as of 05/04/2026 09:38 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.