1028 Levista Dr · Heron Bay, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 7/10 · Major
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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).
- ARV discount +14.1/15.0
- Cash flow +10.2/30.0
- 1% rule +3.6/10.0
- Livability +3.4/5.0
- Rent growth +3.0/5.0
- DSCR +2.9/10.0
- Schools +2.6/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$319,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
Key facts
- New flooring
- Primary suite
- Updated home
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath single-family listed at $319k.
Deal economics
- At list price, monthly cash flow is $-182 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $287k (10.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $273k (14.3% below list).
- Recommended offer: $273k (14.3% below list) — sets the bar for 1% rule.
- Cap rate 5.6% vs local median 3.2% in Heron Bay — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 67/100 on livability (#159 in GA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
- Henry County (rural): math 24% / reading 33% proficiency, ranked #89 of 174 in GA (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Bethlehem Elementary School (math 22% / reading 27%, grade F, #753 of 1,228 statewide, top 64%, 474 students, 53% FRL); Luella Middle School (math 12% / reading 29%, grade F, #345 of 470 statewide, top 74%, 870 students, 53% FRL); Luella High School (math 12% / reading 22%, grade F, #277 of 424 statewide, top 67%, 1,373 students, 44% FRL).
- Market conditions: Rents rising (+2.2%/yr); 499 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,989 units permitted in Henry County in 2024 (92 in 5+ unit buildings).
- This rent runs 39% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
- Henry County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 164 days — a 12% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 8y ago; this cycle's ask has dropped $54k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
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 164 days. Have you received any prior offers? Is the seller open to a 14% 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.
- 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
- 0.86% ✗
- Cap rate
- 5.61%
- Cash-on-cash
- -2.44%
- DSCR
- 0.89
- GRM
- 9.7
CMA / ARV
- ARV (median comp)
- $373,529
- List price
- $319,000
- Delta
- -14.60%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1220 Nottley Dr | 0.15mi | 5/3.0 (+1) | 2,950 (+4%) | 5mo | $290,000 | $98 | 75 |
| 1204 Nottley Dr | 0.09mi | 5/3.0 (+1) | 2,943 (+4%) | 14mo | $375,000 | $127 | 70 |
| 1150 Luella Rd | 0.31mi | 4/2.5 | 2,818 (-1%) | 18mo | $681,150 | $242 | 70 |
| 809 Redan Way | 0.26mi | 5/3.0 (+1) | 2,860 (+1%) | 21mo | $370,000 | $129 | 62 |
| 2320 Mcintosh Dr | 0.52mi | 4/2.5 | 2,590 (-9%) | 7mo | $342,500 | $132 | 56 |
| 1352 Darian Ln | 0.58mi | 4/3.5 | 2,851 (+1%) | 15mo | $360,000 | $126 | 56 |
| 1517 Granby Ln | 0.50mi | 4/2.5 | 3,063 (+8%) | 11mo | $417,300 | $136 | 54 |
| 271 Trestle Rd | 0.73mi | 4/2.5 | 3,067 (+8%) | 2mo | $615,000 | $201 | 51 |
| 2336 Mcintosh Dr | 0.57mi | 5/3.0 (+1) | 3,044 (+7%) | 4mo | $377,000 | $124 | 50 |
| 805 Redan Way | 0.26mi | 5/3.0 (+1) | 3,086 (+9%) | 22mo | $390,000 | $126 | 48 |
| 2356 Mcintosh Dr | 0.64mi | 4/2.5 | 3,161 (+12%) | 5mo | $375,000 | $119 | 47 |
| 100 Lantana Dr | 0.58mi | 5/3.0 (+1) | 3,227 (+14%) | 12mo | $390,000 | $121 | 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 · 2.16% rent growth · sell at horizon
- IRR
- -21.3%
- Equity multiple
- 0.27×
- Total profit
- $-65,437
- Equity at exit
- $47,564
- IRR
- -17.0%
- Equity multiple
- 0.10×
- Total profit
- $-80,626
- Equity at exit
- $27,581
Cash invested: $89,320 (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
ZIP-level market 30248
- Home prices YoY
- -21.0%
- Rents YoY
- 2.2%
- Active inventory
- 499
- Price-to-rent
- 9.7×
Monthly cashflow live
- Estimated rent
- $2,733 high interval (Pro) →
- Mortgage (P&I)
- −$1,673
- Tax from tax record
- −$468 /mo · $5,618/yr
- Insurance
- −$133
- HOA
- −$67
- Vacancy / Maint / Mgmt
- −$574
- Net cashflow
- $-182
Break-even live
Sensitivity live
| Price | -10% $-1 | -5% $-92 | +0% $-182 | +5% $-272 | +10% $-362 |
|---|---|---|---|---|---|
| Rent | -10% $-398 | -5% $-290 | +0% $-182 | +5% $-74 | +10% $34 |
| Rate | -1.0pp $-21 | -0.5pp $-101 | base $-182 | +0.5pp $-264 | +1.0pp $-349 |
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
- $79,750
- Closing costs
- $9,570
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1024 Levista Dr Locust Grove, GA | 5.0 | 3.0 | 2862 | $2,570 | $0.90 | 19d | 1 | 0.02mi |
| 1248 Nottley Dr Locust Grove, GA | 5.0 | 3.0 | 2860 | $2,350 | $0.82 | 0d | 1 | 0.24mi |
| 1521 Granby Ln Locust Grove, GA | 5.0 | 3.5 | 3546 | $3,031 | $0.85 | 45d | 1 | 0.52mi |
| 1629 Prospect Pl Locust Grove, GA | 5.0 | 3.0 | 3350 | $2,730 | $0.81 | 26d | 1 | 0.64mi |
| 117 Cottage Club Dr Locust Grove, GA | 3.0 | 3.0 | 2109 | $1,995 | $0.95 | 45d | 1 | 1.25mi |
HOA detail
- Monthly dues
- $67 · $804/yr
Listing history 50 events
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2026-06-21days on market $319,000 Active 164 DOM
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2026-06-18days on market $319,000 Active 161 DOM
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2026-06-17days on market $319,000 Active 160 DOM
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2026-06-16days on market $319,000 Active 159 DOM
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2026-06-15days on market $319,000 Active 158 DOM
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2026-06-13days on market $319,000 Active 156 DOM
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2026-06-09days on market $319,000 Active 152 DOM
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2026-06-08days on market $319,000 Active 151 DOM
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2026-06-07days on market $319,000 Active 150 DOM
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2026-06-04days on market $319,000 Active 147 DOM
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2026-06-03days on market $319,000 Active 146 DOM
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2026-06-02days on market $319,000 Active 145 DOM
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2026-06-01days on market $319,000 Active 144 DOM
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2026-05-31days on market $319,000 Active 143 DOM
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2026-05-19price $319,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-05-19price $319,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-05-01price $325,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
-
2026-05-01price $325,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
-
2026-04-17price $330,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
-
2026-04-17price $330,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-03-30price $340,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
-
2026-03-30price $340,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-03-23price $345,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
-
2026-03-23price $345,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-03-06price $349,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-03-06price $349,000 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-02-13price $357,500 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
-
2026-02-13price $357,500 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-02-06price $362,500 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-02-06price $362,500 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-01-23price $367,500 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-01-23price $367,500 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-01-08$372,500 New 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2026-01-08$372,500 Active 923-char remark
Show marketing remark (923 chars)
Beautifully updated home located in the established Parkview community of Locust Grove and eligible for USDA 100% financing. This move-in-ready residence features new flooring throughout the living room, family room, dining room, upstairs hallway, and all bedrooms, creating a fresh and cohesive look. The kitchen has been fully refreshed with new granite countertops, new cabinetry, and stainless steel appliances, offering both style and functionality. Bathrooms also feature new granite countertops, adding a modern touch. The floor plan provides comfortable living and flexible space for everyday use or entertaining. The primary suite offers privacy and comfort, while secondary bedrooms are well-sized for family, guests, or home office needs. Conveniently located near shopping, dining, schools, and major commuter routes, this home combines modern updates with affordability in a growing Locust Grove area.
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2021-12-14soldstatus $2,554,670
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2019-04-09historical
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2019-04-05status Back on Market
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2019-04-02historical
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2019-04-01status Back on Market
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2019-03-25status Pending Offer Approval
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2019-03-25status Back on Market
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2019-01-08status Under Contract
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2019-01-08status Back on Market
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2019-01-06historical
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2018-12-10status Back on Market
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2018-11-28status Under Contract
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2018-11-23price $199,900
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2018-11-07price $204,900
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2018-10-19price $209,900
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2018-09-08price $219,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast GA · Resets to sale price
- Current annual tax
- $5,618 · $468/mo
- Projected year-2 tax
- $5,618 · $468/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $32,797
- − Mortgage interest
- −$17,869
- − Property taxes
- −$5,618
- − Insurance
- −$1,595
- − Repairs & maintenance
- −$2,624
- − Management
- −$2,624
- − HOA
- −$804
- − Depreciation
- −$9,280
- Taxable loss
- −$7,616
- Est. tax savings @ 24.0%
- +$1,828
- After-tax cash flow
- $-354/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.
Schools (NCES district)
- District
- Henry County
- NCES district ID
- 1302820
- Math proficiency
- 24% ▼ -9.00%
- Reading proficiency
- 33% ▼ -7.00%
- Median HH income
- $62,594
- Composite
- 26.13/100
- National rank
- #7279
- State rank
- #89 of 174 in GA
Livability — Heron Bay
- Score
- 67/100
- State rank
- #159
- US rank
- #10151
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Heron Bay, GA
- County
- Henry County · 316,359 people
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 36,038
- Household income
- $83,823
- Rent vs Own
- Severe rent burden
- 485.0
Population outlook (Henry County) Hauer SSP2
- Today (2025)
- 249,041 people
- By 2030
- 264,369 · +6.2%
- By 2040
- 294,459 · +18.2%
- By 2050
- 322,249 · +29.4%
- By 2075
- 392,310 · +57.5%
- By 2100
- 437,836 · +75.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 51% Black 37% Hispanic / Latino 9% Two or more races 5%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 3%
- Common ancestry
- Slovak 2% Italian 2% Iranian 1%
- Foreign-born
- 6% · Canada
- Languages at home
- 92% English-only · Spanish 6% French/Haitian/Cajun 1%
Political lean MEDSL · Henry
- 2024 margin
- Strong D (+29.7) · D 64.5% · R 34.9%
- 2008→2024 swing
- +37.1pp toward D · 2008: -7.5pp · 2024: 29.7pp
- All cycles
- 2024: D+29.7 2020: D+20.5 2016: D+4.3 2012: R+3.2 2008: R+7.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -54.09%
- Current HPI
- 203.5358
- Rent YoY
- ▲ 2.16%
- Metro
- Atlanta-Sandy Springs-Alpharetta, 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
-88.2% since first listed43 events — show timeline
- 2026-05-19 Price Changed $319,000 FMLS
- 2026-05-19 Price Changed $319,000 GAMLS
- 2026-05-01 Price Changed $325,000 GAMLS
- 2026-05-01 Price Changed $325,000 FMLS
- 2026-04-17 Price Changed $330,000 FMLS
- 2026-04-17 Price Changed $330,000 GAMLS
- 2026-03-30 Price Changed $340,000 FMLS
- 2026-03-30 Price Changed $340,000 GAMLS
- 2026-03-23 Price Changed $345,000 FMLS
- 2026-03-23 Price Changed $345,000 GAMLS
- 2026-03-06 Price Changed $349,000 FMLS
- 2026-03-06 Price Changed $349,000 GAMLS
- 2026-02-13 Price Changed $357,500 GAMLS
- 2026-02-13 Price Changed $357,500 FMLS
- 2026-02-06 Price Changed $362,500 GAMLS
- 2026-02-06 Price Changed $362,500 FMLS
- 2026-01-23 Price Changed $367,500 GAMLS
- 2026-01-23 Price Changed $367,500 FMLS
- 2026-01-08 Listed $372,500 FMLS
- 2026-01-08 Listed $372,500 GAMLS
- 2021-12-14 Sold (Public Records) $2,554,670 Public Records
- 2019-04-09 Listing Removed — GAMLS
- 2019-04-05 Relisted — GAMLS
- 2019-04-02 Listing Removed — GAMLS
- 2019-04-01 Relisted — GAMLS
- 2019-03-25 Pending — GAMLS
- 2019-03-25 Relisted — GAMLS
- 2019-01-08 Pending — GAMLS
- 2019-01-08 Relisted — GAMLS
- 2019-01-06 Listing Removed — GAMLS
- 2018-12-10 Relisted — GAMLS
- 2018-11-28 Pending — GAMLS
- 2018-11-23 Price Changed $199,900 GAMLS
- 2018-11-07 Price Changed $204,900 GAMLS
- 2018-10-19 Price Changed $209,900 GAMLS
- 2018-09-08 Price Changed $219,900 GAMLS
- 2018-08-09 Price Changed $224,900 GAMLS
- 2018-07-11 Price Changed $229,900 GAMLS
- 2018-07-06 Listing Removed — GAMLS
- 2018-06-30 Listed $234,900 GAMLS
- 2018-06-12 Listed $234,900 GAMLS
- 2017-09-22 Sold (Public Records) $167,248 Public Records
- 2005-05-16 Sold (Public Records) $2,709,000 Public Records
Property tax history
+4.7%/yrLatest (2025): $5,618 · -0.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…