221 Wallace Rd, Nashville, TN 37211
221 Wallace Rd, Nashville, TN 37211, Active at $469,000 ($213/sq ft). 4 bd · 2 ba · 2,200 sqft · $213/sqft · 0.27 ac.
221 Wallace Rd, Nashville, TN 37211, Active at $469,000 ($213/sq ft). 4 bd · 2 ba · 2,200 sqft · $213/sqft · 0.27 ac.
Active · $469,000
MLS #3514973 · listed July 23, 2026 · 93 days on market · updated October 13, 2026
4-bed, 2-bath home at 221 Wallace Rd in Hillbrook, Nashville, 2,200 sqft, $469,000 ($213/sqft), by Parks Compass.
221 Wallace Rd is a 4-bedroom, 2-bath home in Nashville, TN 37211, offered at $469,000, about $213/sq ft across 2,200 sq ft.
At $213/sq ft, this home is about 16% below the Nashville 37211 median list price per square foot of $253.
Recently sold in Hillbrook: 7 comparable homes from $360,000 to $463,000, a median of $197/sq ft; this listing at $213/sq ft is about 8% above recent sold prices.
Market read: the Nashville 37211 homes market is balanced as of September 26, 2026, at about 4.5 months of inventory; recent sales have closed near 96.3% of list in the 12 months to October 20, 2026.
All-in, about $3,182/mo at 20% down (7.40% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $584/mo, roughly 18% of the all-in monthly payment.
At the current 7.40% 30-year rate, principal and interest on this home runs about $2,598/mo; at the 6.77% rate of about three months ago it would be roughly $2,439/mo, so monthly P&I is about $159 higher now.
School zone: assigned to Haywood Elementary, McMurray Middle, John Overton Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 221 Wallace Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 13, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Wow! Gorgeous. Flexible, smartly updated retreat with plenty of room to relax, entertain and creatively work from home! Lower daylight level is perfect for guest suite, home gym, den or more and currently used as a spacious recording studio with easy "load in". Expansive granite countertops in the updated kitchen make creating special meals a breeze. Designer main bath sets the tone for this mod 60's era home! Gleaming hardwood floors and rooms with tons of natural light elevate the space. Newer roof! Such convenient access to this vibrant city! Only 15 minutes to downtown, 12 South, the Gulch, Radnor Lake and only10 minutes to the airport and the Zoo! Enjoy all of the fantastic eateries just minutes away on Nolensville Pike! For more photos, please click on "Virtual Slide Show" below or copy and paste this link for virtual slideshow http://tour.ShowcasePhotographers.com/index.php?sbo=fr2607241.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 221 Wallace Rd (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $469,000 | -$16,000 (-3.3%) | |
| Listed | $485,000 | ||
| Deed recorded | $175,000 | ||
| Deed recorded | $120,098 | ||
| Deed recorded | $92,510 | ||
| Deed recorded | $109,000 | ||
| Deed recorded | $129,900 | ||
| Quitclaim deed | $0 |
Listed July 23, 2026, this listing has been on the market 93 days as of October 24, 2026. The price has been reduced once, from $485,000 to $469,000 (-3.3%), most recently on October 13, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 221 Wallace Rd by year: $106,800 in 1999 to $411,600 in 2025, a change of +285%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $84,000 | $326,500 | $1,100 | $411,600 | ROLL |
| 2021 | $50,000 | $220,600 | $1,200 | $271,800 | ROLL |
| 2017 | $35,000 | $182,200 | $1,000 | $218,200 | ROLL |
| 2013 | $26,000 | $113,700 | $1,500 | $141,200 | ROLL |
| 2009 | $26,000 | $121,500 | $1,400 | $148,900 | ROLL |
| 2005 | $22,000 | $113,000 | $1,100 | $136,100 | ROLL |
| 2001 | $20,000 | $105,500 | $1,100 | $126,600 | ROLL |
| 2000 | $18,500 | $88,300 | $0 | $106,800 | ROLL |
| 1999 | $18,500 | $88,300 | $0 | $106,800 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Estimated monthly ownership for 221 Wallace Rd at $469,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $469,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 221 Wallace Rd is about $3,182/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $2,598, estimated property tax $272, homeowners insurance $312. Estimate only; not a loan offer.
| Principal & interest | $2,598/mo |
|---|---|
| Property tax (est.) | $272/mo |
| Homeowners insurance (est.) | $312/mo |
| Estimated total | $3,182/mo |
Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of October 20, 2026). Property tax uses the Davidson County General Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.40% | $2,347/mo | $2,931/mo | -$251/mo |
| 6.90% | $2,471/mo | $3,055/mo | -$127/mo |
| 7.40% | $2,598/mo | $3,182/mo | current |
| 7.90% | $2,727/mo | $3,311/mo | +$129/mo |
| 8.40% | $2,858/mo | $3,442/mo | +$260/mo |
Principal & interest on a 30-year fixed at 20% down ($375,200 loan), with property tax, insurance held constant at $584/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.
Owning 221 Wallace Rd runs about $3,182/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
The Davidson County appraised value of $411,600 trails the $469,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,863 now to roughly $3,262 (appraised value times the 25% Tennessee residential ratio times the Davidson County General Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This home | Nashville 37211 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $213 | $255 median | - |
| Price position | 25th pctile | -16% vs median | - |
| Nashville 37211 vs greater Nashville | - | -24% | - |
This listing beside the active Nashville 37211 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
This listing beside the active Nashville 37211 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 20, 2026.
At $213/sq ft, this home ranks in the 25th percentile of the active homes in Nashville 37211 by price per square foot.
Nashville 37211 trades about 24% below greater Nashville on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for Nashville 37211.
Computed by Grant Hammond from the active Nashville 37211 comparables (Realtracs via IDX), as of October 25, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 229 in Nashville 37211 homes |
|---|---|
| Recent absorption | about 50.9 sales / mo |
| Months of inventory | 4.5 months, a balanced market |
Over the past 12 months, homes in Nashville 37211 homes sold at about 96.3% of list price.
Recorded sales in Nashville 37211 homes: 8 in the past 12 months.
Supply-side and recent-sale context for Nashville 37211 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37211 homes closings. Source Realtracs via IDX, as of September 26, 2026.
221 Wallace Rd sits in Hillbrook, Nashville, Davidson County.
In Nashville 37211, homes there are priced around $253 per square foot; inventory in Nashville 37211 homes is running at about 4.5 months, a balanced market; recent sales in Hillbrook closed near 96.3% of list price; 7 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 20, 2026.
Approximately 7.2 miles from downtown Nashville (straight-line distance).
221 Wallace Rd is zoned for Haywood Elementary, McMurray Middle, John Overton Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 221 Wallace Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 221 Wallace Rd, by price and size.
Listed by Sylvia Giannitrapani, Parks Compass. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
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As of the latest update (October 13, 2026), 221 Wallace Rd, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
221 Wallace Rd was listed on July 23, 2026 and has been on the market 93 days as of October 24, 2026, per Realtracs.
Yes. It was first listed at $485,000. The price has been reduced once, most recently to $469,000 on October 13, 2026, a total change of -3.3%.
221 Wallace Rd, Nashville is listed at $469,000, about $213 per square foot across 2,200 square feet.
4 bedrooms and 2 bathrooms.
About $213 per square foot ($469,000 across 2,200 sqft).
221 Wallace Rd, Nashville was built in 1962.
No garage is reported in the listing.
No HOA dues are reported for this home.
221 Wallace Rd, Nashville is in the Hillbrook subdivision of Nashville.
About $3,182 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $2,598, estimated property tax $272, insurance $312. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
221 Wallace Rd, Nashville is zoned for Haywood Elementary, McMurray Middle, John Overton Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 221 Wallace Rd, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $213 per square foot, 221 Wallace Rd, Nashville ranks in the 25th percentile of active Nashville 37211 listings by price per square foot, roughly 16% below the Nashville 37211 median; recent comparable sales in Nashville 37211 closed near $197 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37211 homes market is currently balanced, at about 4.5 months of inventory; recent sales have closed near 96.3% of list price over the past year, per Realtracs as of September 26, 2026.
Thinking of selling in Hillbrook?
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