206 Wallace Dr, Fayetteville TN 37334
Auction on Thursday, October 8th at 5 PM! Mark your calendars for this investment opportunity featuring two stone houses situated on 1.06 +/- AC. Both homes are connected to public sewer. The main home features 3 bedrooms, 2 bathrooms, a covered front porch, and a basement with storage/workshop space, plus a mini barn for additional storage. The second home needs repair and offers excellent potential for renovation. This property is located just a short drive to downtown Fayetteville and is right down the road from Huntsville. Whether you’re looking for a residence, rental property, or investm
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Fayetteville
This property is grouped with the current 3-bedroom homes in Fayetteville. The comparison uses 74 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 75 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 6 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $327,500, and the median is $163 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 2002 King Dr, S | Aug 17, 2026 | 3 bd · 1,697 sqft | $240,000 | 0.2 mi |
| 1886 Wellsbrook Dr | Jul 10, 2026 | 3 bd · 1,660 sqft | $300,000 | 0.4 mi |
| 204 Wellsbrook Cir | Jul 29, 2026 | 3 bd · 2,156 sqft | $355,000 | 0.5 mi |
| 221 Wellsbrook Cir | Jul 15, 2026 | 3 bd · 2,134 sqft | $410,000 | 0.6 mi |
| 10 Briarhill Dr | Jul 24, 2026 | 3 bd · 2,022 sqft | $300,000 | 0.6 mi |
| 59 Grays Ln | Jul 28, 2026 | 4 bd · 3,088 sqft | $500,000 | 1.0 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- Active
Location reference points
How this address sits within the Fayetteville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- Tims Ford Lake17.4 miles straight-line · roughly 31 driving minutes
- Downtown Winchester26.3 miles straight-line · roughly 47 driving minutes
- Downtown Tullahoma26.6 miles straight-line · roughly 48 driving minutes
- Arnold Air Force Base33.5 miles straight-line · roughly 60 driving minutes
- Downtown Manchester37.2 miles straight-line · roughly 66 driving minutes