Property Location

2977 Georgia Highway 120, Tallapoosa GA 30176

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List Price $350,000
Units 1
Price / Unit $350,000
Est. Year 1 Cash Flow $-15,415 after debt service
2977 Georgia Highway 120 Tallapoosa, GA 30176
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
NEW PRICE REDUCTION, LOCATION, LOCATION LOCATION! This incredible land tract is the perfect spot to build your forever home! Over 150 Years Ago some early pioneers to West Georgia picked out “This SPOT” to build their forever home…its time to write your own history on this stunning tract! The home is likely a tear down as it sits on the best homesite on the entire 33 Acres but salvage the old fireplace and design it into your own future plans. Imagine sitting out on your back deck, grilling for family and friends with an incredible view of Holcombe Creek Bottoms. Holcombe Creek is a named State Waters Stream, and it flows over rocks and gravel shoals, under the shade of 100-year-old Beech Trees and it runs across the entire width of the parcel! Watch the kids playing in the creek as you flip the burgers and hang out with friends in this beautiful setting! Do you have a hunter in the family or outdoor enthusiasts? Imagine instead of living in your West Cobb or Paulding Subdivision and paying on your Hunting Lease 3 hours from home, just wake up cross the creek, climb up your deer stand or in your Turkey Blind, on the Power Lines, hunt for several hours walk home and have lunch with your family! With the great road frontage on Hwy 120, the incredible creek bottoms, the power lines and then a stand of loblolly pines on the ridge top in the SE corner of the farm, the tract checks all of the boxes! Looking for that place that has it all…..water feature, wooded and open spaces, maybe a place for your kids to ride that ATV, a place to teach the next generation a better way of life? How long are you willing to wait….don’t pass by on this spot for a couple thousand dollars per acre…! When considering a larger land tract to purchase and build on don’t forget the costs to run utilities to your site! Instead of spending tens of thousands of dollars for utilities, installing power, water lines or natural gas lines, dealing with easements and access, spend that money on your home instead! Grab your Builder and get started! Located just 2 ½ miles west of the Historic Buchanan Square, just 1 mile to the Haralson County Middle School, 2 miles to the High School, this stunning 32.58 Acres tract is truly a special property. Looking to move out of the chaos of Metro Atlanta to a simpler time and place, where you know your neighbors, grow your own vegetables, gather your own eggs from your own hen house, where kids play outside in the creeks and woods, this is the property for you!
Investment Notes — Tallapoosa
  • Located in the Tallapoosa, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $350,000 Verified
Est. Year 1 Cash Flow $-15,415 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
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Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7526189 · Listing courtesy of Keystone Realty Group, LLC., Pete Ewing · 678-932-2105

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily