Active

298 Cypress Point Circle

Leesburg, GA 31763
Mark as Favorite
$95,000 $400/Mo
Get Pre-Approved Check your credit
Bed 3

Bed

Bath 2

Bath

SqFt1,650

Sqft

Acres0.61

Acre(Lot)

Income-producing waterfront property with upside potential! This tenant-occupied 3BR/2BA home sits on approximately 0.61 acres along Kinchafoonee Creek and currently rents for $850/month to a long-term tenant of approximately 10 years. The current owner has intentionally kept rent below market value in consideration of the tenant's long occupancy, creating an opportunity for future income growth. Seller records reflect approximately $10,200 in annual gross rental income and nearly $9,000 in net operating income over the past year. The spacious floor plan features a large living room with vaulted ceilings and fireplace, an oversized kitchen addition with abundant cabinetry and counter space, a large mudroom/laundry room with separate exterior entrance, and a split-bedroom layout. The primar y suite offers dual walk-in closets, double vanities, a garden tub, and separate shower. Additional features include a huge screened rear porch, covered front porch, concrete skirting, metal roof, and scenic frontage along Kinchafoonee Creek. While the home could benefit from cosmetic updates and some TLC, it presents a compelling value-add opportunity for investors seeking immediate cash flow with future upside. Similar properties in the area may support higher rental rates, particularly after improvements, allowing a new owner to potentially increase cash flow while building long-term equity. Affordable income-producing properties with waterfront features and proven rental history are increasingly difficult to find. Don't miss this opportunity.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $95,000

AD Id : 79069508

MLS Id : 10770204

Beds : 3

Lot Size : 0.61 Acre

Living Area Size : 1,650

Year Built : 1995

County : Lee

Subdivision: Oakhill

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 3 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 3 Room Type: Den Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 0 Baths Full Upper: 0

    Water/Sewer

    Water Source: Public Water BodyName: Kinchafoonee Creek Sewer: Public Sewer

  • Interior Features

    Master On Main Level,Split Bedroom Plan,Vaulted Ceiling(s) Flooring: Carpet,Vinyl

    Appliances

    Electric Water Heater

    Utilities

    Water Available

  • Cooling Features

    Ceiling Fan(s),Central Air

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 1

  • Building Information

    Built Year: 1995 Roof Type: Metal Basement: None Levels: One Property Age: 31

  • Laundry Features

    In Mud Room

    Construction Materials

    Other

    Property Condition

    Fixer

  • Lot Information

    Lot Size (Acr): 0.61 Lot Size Source: Public Records Lot Features: Other

  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: Manufactured House Subdivision: CYPRESS POINT S/D City: Leesburg State: GA Directions: Hwy 19 N from Albany towards Leesburg, Turn left onto Century Rd. Turn Left onto Cypress Point Circle. Property Status: Active

  • Listing Price Information

    Original List Price: $95,000

  • Tax Information

    Annual Tax: $541.62 Tax Year: 25

  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking Features: None

  • Homeowners Association Information

    Association: No Association Fee Includes: None Community Features: None

  • School Information

    Elementary School: Lee High School: Lee Middle School: West Lee Source Neighborhood: CYPRESS POINT S/D
Sell a home like this and save $5,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
237 Thundering Springs .., Leesburg, GA, 31763 $517,900 4 4 3,086 3,086 SqFt
575 White Pond Road, Leesburg, GA, 31763 $409,900 3 3 1,950 1,950 SqFt
1048 Philema Road S, Leesburg, GA, 31763 $850,000 4 2 2,480 2,480 SqFt
167 Donald Road, Leesburg, GA, 31763 $236,500 3 2 1,316 1,316 SqFt
135 Thomas Street, Leesburg, GA, 31763 $274,400 3 2 1,481 1,481 SqFt
1013 White Pond Road, Leesburg, GA, 31763 $245,000 3 2 1,505 1,505 SqFt
774 Flowing Well Road, Leesburg, GA, 31763 $539,900 3 2.5 2,040 2,040 SqFt
1048 Philema Road, Leesburg, GA, 31763 $850,000 4 2 2,480 2,480 SqFt
125 Marlee Court, Leesburg, GA, 31763 $269,900 3 2 1,821 1,821 SqFt
209 Long Pine Drive, Leesburg, GA, 31763 $249,900 3 2 1,575 1,575 SqFt

Similar Homes To 298 Cypress Point Circle

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$429,900
Home For Sale

103 Stornoway Drive,
Leesburg, GA, 31763

Bed 4

Bed

Bath 2

Bath

SqFt2,148

Sqft

Acres1.55

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$379,500
Home For Sale

113 Tybee Ln,
Leesburg, GA, 31763

Bed 4

Bed

Bath 2

Bath

SqFt2,010

Sqft

Acres0.75

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$385,000
Home For Sale

176 Oakside Circle,
Leesburg, GA, 31763

Bed 2

Bed

Bath 2

Bath

SqFt2,102

Sqft
Slider Thumb
Active
Mark as Favorite
$695,000
Home For Sale

159 Quail Valley Drive,
Leesburg, GA, 31763

Bed 4

Bed

Bath 3.5

Bath

SqFt4,109

Sqft
Slider Thumb
Active
Mark as Favorite
$495,000
Home For Sale

112 Hidden Cove Lane,
Leesburg, GA, 31763

Bed 4

Bed

Bath 3

Bath

SqFt2,490

Sqft
MLS Logo

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 06/09/2026 @ 11:53

MLS: 10770204 LISTED BY: Lacey McCarty, ERA All In One Realty 229-888-6670 SOURCE: Georgia MLS

More Cities with for Sale by Owner Homes

Homes around $95,000

Slider Thumb
Active
Mark as Favorite
$39,900
Land For Sale

N/A N Doublegate Drive,
Leesburg, GA, 31763

Acres214

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$60,000
Land For Sale

119 Partridge Circle,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$60,000
Land For Sale

119 Partridge Circle,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$65,000
Land For Sale

LOT 20 Woodlake Court,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$65,000
Land For Sale

LOT 20 Woodlake Court,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$69,000
Land For Sale

LOT 25 Woodlake Court,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$69,000
Land For Sale

LOT 25 Woodlake Court,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$75,000
Land For Sale

LOT 27 Woodlake Court,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$75,000
Land For Sale

LOT 27 Woodlake Court,
Leesburg, GA, 31763

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$95,000
Mobile Homes For Sale

298 Cypress Point Circle,
Leesburg, GA, 31763

Bed 3

Bed

Bath 2

Bath

SqFt1,650

Sqft

Selling? Save $5,201 when you sell a home like this

Tour with a ByOwner Agent