116 Wallace Dr, Tullahoma, TN 37388
Property image
Property image
OFF MARKET

116 Wallace Dr
Tullahoma, TN 37388

  • 3 Beds
  • 2 Baths
  • 1,264 sqft (on 0.48 acres)

$273,600

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $1,610/mo*
Refinance Your Home

$273,600

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $1,610/mo*
Refinance Your Home
3 Beds
2 Baths
1,264 sqft
(on 0.48 acres)

Local Information

  • Map ViewExplore the area around 116 Wallace Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1982
Lot Size
0.48 acres
Living Area
1,264 sqft
Price/Sqft
$216
Parking
Garage

Description

3 bedroom, 2 bath home with large sunroom overlooking swimming pool. New roof. Beautiful outdoor space with 30x40 detached shop. Shop is fully insulated. Great neighborhood with private yard that backs up to wooded area.
116 Wallace Dr, Tullahoma, TN 37388 is a 3 bedroom, 2 bathroom, 1,264 sqft single-family home built in 1982. It last sold for $240,000 on Jun 26, 2023. It is currently off market. The Trulia Estimate is $273,600, with a rent estimate of $1,643/month.

Home Details for 116 Wallace Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Types of Rooms: Dining RoomCeiling Fan

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: OtherFoundation Type: FootingPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1982Year Updated: 1987
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.48 acres

Price History for 116 Wallace Dr

DatePriceEventSource
06/26/2023$240,000Sold
RealTracs MLS as distributed by MLS GRID #2533844
06/07/2023$227,520PendingRealTracs MLS as distributed by MLS GRID #2533844
06/07/2023$227,520Listed For SaleRealTracs MLS as distributed by MLS GRID #2533844
07/21/2020$159,000ListingRemovedAgent Provided
06/11/2020$159,000Listed For SaleAgent Provided
10/30/1995$56,500Sold
N/A

Market trends in Tullahoma

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$272K
$27.33KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$165
$2MoM
Available listings
151
4MoM
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Property Tax and Assessment

Year2025
Tax$1,904
Assessment$196,700
Home facts updated by county records

Comparable Sales for 116 Wallace Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
110 Wallace Dr, Tullahoma, TN
0.07
Single-Family Home
$232,000
07/31/25
3
2
1,240
108 Wallace Dr, Tullahoma, TN
0.10
Single-Family Home
$270,000
02/26/26
3
2
1,284
711 Turkey Creek Rd, Tullahoma, TN
0.21
Single-Family Home
$255,000
08/26/25
3
2
1,232
202 Chesapeake Dr, Tullahoma, TN
0.31
Single-Family Home
$237,000
09/04/25
3
2
1,288
107 Lemont Ln, Tullahoma, TN
0.24
Single-Family Home
$300,000
10/29/25
3
2
1,632
108 Lemont Ln, Tullahoma, TN
0.20
Single-Family Home
$305,800
05/29/26
3
2.5
1,760
803 Westside Dr, Tullahoma, TN
0.65
Single-Family Home
$266,000
10/01/25
3
2
1,450
709 Westside Dr, Tullahoma, TN
0.82
Single-Family Home
$235,000
03/20/26
3
2
1,685
712 Westside Dr, Tullahoma, TN
0.77
Single-Family Home
$249,900
11/17/25
3
2
1,105
215 Woodson Dr, Tullahoma, TN
0.78
Single-Family Home
$365,000
06/27/26
3
2
1,781

Nearby homes

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Assigned Schools

These are the assigned schools for 116 Wallace Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Tullahoma

At least 112 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 88 % Say parking is easy

  • 87 % Say yards are well-kept

  • 79 % Say it's dog friendly

  • 77 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 59 % Say there's wildlife

  • 58 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 53 % Say people would walk alone at night

  • 46 % Say they plan to stay for at least 5 years

  • 42 % Say streets are well-lit

  • 30 % Say there are sidewalks

  • 20 % Say it's walkable to grocery stores

  • 20 % Say it's walkable to restaurants

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rachel Hilliard
    "I love it here. I live here and have lived here 30 years. Safe neighborhoods and good schools. The community is actively growing. "
    1
    Flag
  • Elizabeth Hosler
    "Music festivals happen here so that’s pretty cool and sometimes people do 5ks and granddaddy’s farm isn’t too far away so that nice. "
    1
    Flag
  • Trulia User
    "There are many dog lovers in the area. You see pet parents out walking their dogs daily. Their are leash laws and I see them followed. Sometimes pet parents do not pick up their dogs poop. But for the most part, the neighborhood and areas around it are very pet friendly. "
    1
    Flag
  • Trulia User
    "I believe dog owners would love this neighborhood. I do see people walking their dogs every day from my kitchen window. The neighborhood is level not hilly and great for walking."
    1
    Flag
  • AllieMarie M.
    "Tullahoma is a great place to live and raise a family. It has g good community and local small business to shop and eat at."
    2
    Flag
  • Sandra E. L.
    "I live in this neighborhood for almost 3 years , u can walk around , the neighbors are nice . I can breath peace and feel me safe in this place . Love it "
    0
    Flag
  • Olivia H.
    "Nothing to say because I just moved here on June 1st. Neighbors are friendly and quite....................."
    0
    Flag
  • Angelia W.
    "events at the parks and around town regularly Also many events in the surrounding cities as well. 41A festival "
    2
    Flag
  • Antoniette W.
    "I lived in this neighborhood for 4 years. The epitome of a small town. Everyone knows everyone. Crime is super low. Scenery is picturesque. Lakes near by, as well as, state parks. "
    1
    Flag
  • Karen Hayes
    "Great little big town. Everything you need! Lots of community events and close enough to Nashville for big time fun."
    0
    Flag
  • Miguel B.
    "Depending on where you go you can meet nice people but that doesn’t mean there aren’t plenty of rude ones as well. When it comes to housing it all depends on income. If you can afford $800-$1000 a month for rent alone and still live comfortably than your very well of but lower income is we’re it starts to really go downhill. Poorly kept apartments and houses are about all you can find. "
    2
    Flag
  • The McCray Family
    "My Husband and I have lived in Brookfield Estates for 13 years with our three children, We love it here. The neighbors are friendly and all keep their yards nice and take good care of their children and pets. A wonderful place to live."
    0
    Flag
  • Scott
    "They’d be very happy and dogs would be as well. I have 2 pups and they love it here. Weather is usually perfect for walks and neighbors are friendly "
    0
    Flag
  • Casey M.
    "small yards friendly people lots of big dogs that run around parks nearby food nearby near a main road so lots of traffic noises "
    0
    Flag
  • Holly L.
    "It’s a good town and with quick the town is growing there will be a lot more opportunities for kids locally"
    0
    Flag
  • Toye
    "Close proximity to schools and shopping. For the most part quite, except for the neighbors across the street."
    0
    Flag
  • Casey M.
    "there is absolutely nothing that makes my neighborhood or town special it is an ordinary small town once a year there is a music festival that is it"
    0
    Flag
  • Adomalski
    "I just move to the area, people are friendly, to a point. What’s unique is some people will keep there residence clean and some don’t really care!"
    1
    Flag
  • stephanie A.
    "Friendly neighbors and safe neighborhood. Some wildlife seen daily, often deer or coyotes. Great stores and restaurants. Convenient location near bigger cities. "
    2
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

10 pet-friendly rentals in Tullahoma, TN

Explore by feature - Air Conditioning

15 rentals with air conditioning in Tullahoma, TN

Explore by feature - Washer/dryer

14 rentals with a washer/dryer in Tullahoma, TN

Homes for sale near 116 Wallace Dr

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Off Market Homes Near 116 Wallace Dr

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