🏗️ New Construction
248 Hawks Dr · Rossville, GA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +8.0/30.0
- ARV discount +7.5/15.0
- Rent growth +4.4/5.0
- Condition / age +4.0/5.0
- Livability +2.8/5.0
- 1% rule +2.6/10.0
- DSCR +2.1/10.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$277,726
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Are you searching for a stunning house that perfectly suits your lifestyle? Look no further than Freeport, located at 248 Hawks Drive. This ranch-style home is designed to cater to all your needs. As soon as you enter the foyer, you'll notice the open-concept kitchen and living area, which provides ample space for cooking, dining, and unwinding. The kitchen is equipped with a pantry and island, and it leads to a beautiful patio area. The primary bedroom is situated at the back of the house and features a roomy walk-in closet and a private bathroom. In addition, three more bedrooms share a full bathroom. With the laundry room conveniently located off the main foyer, everything you need is at your fingertips. Don't wait - call us today to learn more about the Freeport floor plan! * D. R. Horton is an Equal Housing Opportunity Builder. Home and community information, including pricing, included features, terms, availability and amenities, are subject to change and prior sale at any time without notice or obligation. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from homes as built. Images may contain virtual staging.
Key facts
- Pantry
- Open concept kitchen
- Walk-in closet
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $278k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-305 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $255k (8.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (18.2% below list).
- Recommended offer: $227k (18.2% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 56/100 on livability (#484 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-, crime B+; Watch: amenities F, commute F, employment D-.
- Walker County (rural): math 25% / reading 29% proficiency, ranked #114 of 174 in GA (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Stone Creek Elementary School (math 22% / reading 22%, grade F, #810 of 1,228 statewide, top 69%, 425 students, 84% FRL); Rossville Middle School (math 13% / reading 25%, grade F, #368 of 470 statewide, top 79%, 444 students, 81% FRL); Ridgeland High School (math 23% / reading 19%, grade F, #225 of 424 statewide, top 54%, 1,244 students, 70% FRL) — zoned schools average 78% FRL vs 61% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising fast (+7.4%/yr); 549 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 347 units permitted in Walker County in 2024 (24 in 5+ unit buildings).
- At $2,271/mo this rent would consume 46% of the median local household income ($59k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Walker County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 113 days — a 9% lower offer ($253k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $24k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 113 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.76% ✗
- Cap rate
- 5.07%
- Cash-on-cash
- -4.36%
- DSCR
- 0.81
- GRM
- 11.0
CMA / ARV
- ARV (median comp)
- $299,491
- List price
- $277,726
- Delta
- -7.27%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 57 Quarter St | 0.07mi | 4/2.0 | 1,765 (+18%) | 4mo | $312,600 | $177 | 68 |
| 245 Overbrook Dr | 0.46mi | 3/2.0 (-1) | 1,419 (-5%) | 0mo | $307,000 | $216 | 65 |
| 52 Quarter Street St | 0.10mi | 3/2.5 (-1) | 1,749 (+17%) | 2mo | $286,000 | $164 | 62 |
| 70 Draft St | 0.08mi | 3/2.5 (-1) | 1,749 (+17%) | 5mo | $287,500 | $164 | 60 |
| 70 Draft St | 0.08mi | 3/2.5 (-1) | 1,749 (+17%) | 5mo | $287,500 | $164 | 60 |
| 300 Draft Street St | 0.29mi | 3/2.5 (-1) | 1,749 (+17%) | 2mo | $274,210 | $157 | 53 |
| 334 Draft Street St | 0.31mi | 3/2.5 (-1) | 1,749 (+17%) | 3mo | $291,815 | $167 | 51 |
| 300 Morning Side Dr | 0.46mi | 3/2.5 (-1) | 1,792 (+20%) | 1mo | $330,000 | $184 | 45 |
| 140 Saddlebred Way | 0.72mi | 3/2.5 (-1) | 1,600 (+7%) | 4mo | $255,900 | $160 | 45 |
| 720 Fricks Ln | 0.96mi | 3/2.5 (-1) | 1,624 (+8%) | 1mo | $288,500 | $178 | 43 |
| 715 Mary Agnes Dr | 0.81mi | 3/2.0 (-1) | 1,368 (-9%) | 5mo | $216,000 | $158 | 41 |
| 262 Fox Run Cir S | 1.10mi | 3/2.0 (-1) | 1,724 (+15%) | 2mo | $299,900 | $174 | 33 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 7.44% rent growth · sell at horizon
- IRR
- -18.8%
- Equity multiple
- 0.32×
- Total profit
- $-57,304
- Equity at exit
- $44,655
- IRR
- -4.1%
- Equity multiple
- 0.68×
- Total profit
- $-27,032
- Equity at exit
- $25,895
Cash invested: $83,858 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 31 active · 7 under contract
- Months of supply
- 12.4 mo (8%/mo absorbed)
- Median asking
- $288,000 ($173/sqft)
- Median days on market
- 148 d
- This list price
- 29% of active listings are priced below it
- ARV vs active asking
- +15.9% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 30741
- Home prices YoY
- -30.7%
- Rents YoY
- 7.4%
- Active inventory
- 549
- Price-to-rent
- 10.2×
Monthly cashflow live
- Estimated rent
- $2,271 high interval (Pro) →
- Mortgage (P&I)
- −$1,571
- Tax est. 1.5%
- −$374 /mo · $4,492/yr
- Insurance
- −$125
- HOA
- −$29
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$477
- Net cashflow
- $-305
Break-even live
Sensitivity live
| Price | -10% $-98 | -5% $-201 | +0% $-305 | +5% $-408 | +10% $-512 |
|---|---|---|---|---|---|
| Rent | -10% $-484 | -5% $-395 | +0% $-305 | +5% $-215 | +10% $-126 |
| Rate | -1.0pp $-154 | -0.5pp $-229 | base $-305 | +0.5pp $-383 | +1.0pp $-462 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $74,873
- Closing costs
- $8,985
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10 Draught St Rossville, GA | 3.0–5.0 | 2.0–3.0 | 2055 | $3,764 | $1.83 | 63d | 1 | 0.29mi |
| 115 Saddlebred Way Rossville, GA | 4.0 | 2.5 | 1825 | $2,145 | $1.18 | 63d | 1 | 0.73mi |
| 114 Saddlebred Way Rossville, GA | 3.0 | 2.5 | 1600 | $2,295 | $1.43 | 93d | 1 | 0.73mi |
| 114 Saddlebred Way Rossville, GA | 3.0 | 2.5 | 1600 | $2,295 | $1.43 | 72d | 1 | 0.73mi |
| 1512 Wilson Rd Rossville, GA | 3.0 | 1.5 | 1100 | $1,295 | $1.18 | 72d | 1 | 0.83mi |
| 1512 Wilson Rd Rossville, GA | 3.0 | 1.5 | 1100 | $1,250 | $1.14 | 63d | 1 | 0.83mi |
| 110 2nd St Rossville, GA | 3.0 | 2.0 | 1168 | $1,399 | $1.20 | 63d | 1 | 1.27mi |
| 106 Champion Rd Rossville, GA | 3.0 | 1.0 | 1104 | $1,675 | $1.52 | 72d | 1 | 1.34mi |
| 106 Champion Rd Rossville, GA | 3.0 | 1.0 | 1104 | $1,675 | $1.52 | 93d | 1 | 1.34mi |
Property features AI
Finance
- Other
- Lot dimensions approximately 51 x 120 (0.14 acres)Located in the Timber Creek subdivision
- HOA & community
- Homeowners association with annual fee of $350 (about $29.17/mo)
Exterior
- Parking
- Attached concrete driveway and garage2-car garage
- Utilities
- Public waterPrivate sewerElectricity connected
- Home design
- Single-family residenceNew constructionBuilt by D.R. Horton
- Construction
- Frame constructionSlab foundation
- Exterior features
- Exterior lightingRain gutters
Interior
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central air conditioning
- Interior features
- 5 total roomsCentral air conditioning
Listing history 50 events
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2026-08-08days on market $277,726 Active 113 DOM
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2026-08-07days on market $277,726 Active 112 DOM
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2026-08-06days on market $277,726 Active 111 DOM
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2026-08-05days on market $277,726 Active 110 DOM
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2026-08-04days on market $277,726 Active 109 DOM
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2026-08-03pricedays on market $277,726 Active 108 DOM
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2026-07-31days on market $273,725 Active 105 DOM
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2026-07-30days on market $273,725 Active 104 DOM
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2026-07-29days on market $273,725 Active 103 DOM
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2026-07-27days on market $273,725 Active 101 DOM
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2026-07-25days on market $273,725 Active 99 DOM
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2026-07-24days on market $273,725 Active 98 DOM
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2026-07-23days on market $273,725 Active 97 DOM
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2026-07-22days on market $273,725 Active 96 DOM
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2026-07-21days on market $273,725 Active 95 DOM
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2026-07-18days on market $273,725 Active 92 DOM
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2026-07-16days on market $273,725 Active 90 DOM
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2026-07-16days on market $273,725 Active 89 DOM
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2026-07-14days on market $273,725 Active 88 DOM
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2026-07-13days on market $273,725 Active 87 DOM
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2026-07-12days on market $273,725 Active 86 DOM
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2026-07-11days on market $273,725 Active 85 DOM
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2026-07-10days on market $273,725 Active 84 DOM
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2026-07-09days on market $273,725 Active 83 DOM
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2026-07-08days on market $273,725 Active 82 DOM
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2026-07-07days on market $273,725 Active 81 DOM
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2026-07-06days on market $273,725 Active 80 DOM
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2026-07-05days on market $273,725 Active 79 DOM
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2026-07-04days on market $273,725 Active 78 DOM
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2026-07-03days on market $273,725 Active 77 DOM
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2026-07-02pricedays on market $273,725 Active 76 DOM
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2026-07-01days on market $277,725 Active 75 DOM
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2026-06-30days on market $277,725 Active 74 DOM
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2026-06-29days on market $277,725 Active 73 DOM
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2026-06-28days on market $277,725 Active 72 DOM
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2026-06-28days on market $277,725 Active 71 DOM
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2026-06-27days on market $277,725 Active 70 DOM
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2026-06-25days on market $277,725 Active 68 DOM
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2026-06-23days on market $277,725 Active 66 DOM
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2026-06-21days on market $277,725 Active 65 DOM
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2026-06-18days on market $277,725 Active 62 DOM
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2026-06-17days on market $277,725 Active 61 DOM
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2026-06-16days on market $277,725 Active 60 DOM
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2026-06-15days on market $277,725 Active 59 DOM
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2026-06-14days on market $277,725 Active 57 DOM
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2026-06-13days on market $277,725 Active 56 DOM
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2026-06-10days on market $277,725 Active 54 DOM
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2026-06-09days on market $277,725 Active 53 DOM
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2026-06-08days on market $277,725 Active 52 DOM
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2026-06-07days on market $277,725 Active 51 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,247
- − Mortgage interest
- −$16,776
- − Property taxes
- −$4,492
- − Insurance
- −$1,497
- − Repairs & maintenance
- −$2,180
- − Management
- −$2,180
- − HOA
- −$348
- − Depreciation
- −$8,712
- Taxable loss
- −$8,939
- Est. tax savings @ 24.0%
- +$2,145
- After-tax cash flow
- $-1,514/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This single-family home in Fairview, GA, is in good condition with modern finishes and a well-maintained exterior. It offers a good balance of updates and maintenance, making it a solid investment opportunity.
Value-add opportunities
- Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value. ↑
- Resale Kitchen backsplash — A backsplash can add a modern touch and increase the kitchen's value. ↑
- Resale Bathroom vanity upgrade — A new vanity can improve the bathroom's appearance and functionality. ↑
- Rental Flooring in bathrooms — Upgrading to tile or hardwood in bathrooms can increase rental appeal and value. ↑
- Both Smart home integration — Adding smart home features can increase both resale and rental value by making the home more convenient and energy-efficient. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Walker County
- NCES district ID
- 1305370
- Math proficiency
- 25% ▼ -10.00%
- Reading proficiency
- 29% ▼ -10.00%
- Median HH income
- $39,889
- Composite
- 22.74/100
- National rank
- #8035
- State rank
- #114 of 174 in GA
Livability — Rossville
- Score
- 56/100
- State rank
- #484
- US rank
- #22540
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Walker County · 66,050 people
- City population
- 30,041
- Metro
- Chattanooga, TN-GA
- Population (ZIP)
- 30,041
- Household income
- $58,834
- Rent vs Own
- Severe rent burden
- 8% of renters
Population outlook (Walker County) Hauer SSP2
- Today (2025)
- 66,050 people
- By 2030
- 64,305 · -2.6%
- By 2040
- 60,127 · -9.0%
- By 2050
- 55,551 · -15.9%
- By 2075
- 44,886 · -32.0%
- By 2100
- 34,015 · -48.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (86%)
- Race & ethnicity
- White 86% Black 5% Two or more races 5% Hispanic / Latino 5%
- Common ancestry
- Slovak 3% Iranian 2% Italian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 3%
Political lean MEDSL · Walker
- 2024 margin
- Solid R (+59.3) · D 20.1% · R 79.4%
- 2008→2024 swing
- -12.5pp toward R · 2008: -46.8pp · 2024: -59.3pp
- All cycles
- 2024: R+59.3 2020: R+59.3 2016: R+61.5 2012: R+50.2 2008: R+46.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -118.05%
- Current HPI
- 267.0047
- Rent YoY
- ▲ 7.44%
- Metro
- Chattanooga, TN-GA
- State GDP YoY
- ▲ 2.66%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in GA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Paper / Packaging | 2 | $29B |
|
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
-8.0% since first listed6 events — show timeline
- 2026-05-13 Price Changed $277,725 GCAR
- 2026-05-12 Price Changed $277,725 Zillow
- 2026-05-01 Price Changed $297,725 Zillow
- 2026-05-01 Price Changed $297,725 GCAR
- 2026-04-16 Listed $301,725 Zillow
- 2026-04-16 Listed $301,725 GCAR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…