In all likelihood, it won't be long before his neighbors start hearing a lot more about Wallace – and not just from seeing him pass by with a basketball nearly attached to his hand.
Wallace recently returned from a showing at Camp Next, a Reebok-sponsored event for the elite underclassman in the nation. He was voted as the No. 1 player in the entire camp.
"He was head over heels the best player in the camp," said Winchendon coach Mike Byrnes, who coached Wallace at the event. "There was a large gap from Eric to the No. 2 guy. He's strong, athletic and if he continues to work hard, he can be extremely good. He's a freakish athlete."
Wallace, who has a 4.0 GPA, averaged a modest 10 points per game this past season at Glenn High. The 15-year-old, who doesn't turn 16 until December, already has an pro body and has a chance to be a special player.
Wallace fielded his first scholarship offer a few weeks back when he attended a team camp at N.C. State.
"They watched me play a few games and after my last game, Mr. Herb Sendek pulled me over to the side and said there was a jersey waiting with my name on it if I want it. I thanked him and said I'd keep in touch."
Then, a week or so later, Wallace and his high school coach took a trip to Chapel Hill and had a chance to meet with the North Carolina staff.
"We watched some of their camp, looked at the campus and had something to eat," Wallace said. "Coach (Joe) Holladay said all you've got to do is tell Mr. Roy Williams you want to be a Tar Heel for life and he'll be happy. They said they were going to watch me at the camps this summer and see how much I mature."
"It's a situation where they are showing him interest, but they want to see him a little more this summer before they make an official decision on offering him a scholarship," said Wallace's father, Montey. "They basically just let him know they are interested."
Wallace, who grew up a Tar Heels fan, said he isn't even close to ready to make a college decision. However, in addition to UNC and N.C. State, he also likes UConn, Georgia Tech, Wake Forest, Syracuse and Clemson.
According to Wallace, he will attend the ABCD Camp and head to Las Vegas with D-One Sports later in July.