Taylor SwiftTaylor Swift recently bought her parents a $1.4 million home in Nashville, Tenn.

UsMagazine.com is reporting a source close to the Swift said that the country singer bought "an incredible house" for her mom and dad, Andrea and Scott Swift.

The 5,000 square-foot , three-bedroom home was built in the 1920s but has been recently renovated. Key features include a blue stone terrace and a massive outdoor fireplace.

The source also says, "Taylor's been visiting her parents there and she's so excited for them."