Active$169,999
3 bd1 ba1,284 SFSingle-family home
8184 Laurel Drive SW
Covington, GA 30014 · Highland Area · 7 days listed
FMLS #7857053 · Listing Provided By Keller Williams North Atlanta · 770-663-7291
Active27 days listed
8181 Highland Drive SW, Covington, GA 30014
- 2bd
- 1ba
- 1,181SF
- 0.46ac lot
FMLS #7846386 · Listing Provided By Opendoor Brokerage, LLC · 404-796-8789 · Listing agent Tanya Pickens
About this home
INCREDIBLE BUYER INCENTIVES: $2,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $2,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. Included 100-Day Home Warranty with buyer activation. Welcome to 8181 Highland Dr SW, a single-story, single-family home offering 1,181 square feet of living space on a spacious 20,038-square-foot lot, nearly half an acre. Built in 1963, this 2-bedroom, 1-bathroom home features central gas heating and is connected to public sewer and city water. The open layout flows from the dining area into the kitchen and living room, with a bright sunroom off to the side, perfect for extra flex space, a reading nook, or home office. The primary bedroom includes a walk-in closet, and a dedicated laundry room adds everyday convenience.The kitchen features classic Formica countertops, and the generous lot offers plenty of room for outdoor space, gardening, or future additions.
How this list price compares in Covington
- List price is 48% below the Covington median list price of $330,000 (483 homes).
- Compared with 476 single-family homes in Covington: 49% below the median of $334,950.
- List price per square foot is 10% below the Covington median of $160/SF.
- All 483 homes for sale in Covington, GA.
- 531 homes for sale in Newton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 2
- Full baths
- 1
- Living area
- 1,181 SF
- Lot size
- 0.46 acres
- Year built
- 1963
- Levels
- One
- Main-level bedrooms
- 2
- Style
- Other
- Construction
- Concrete
- Roof
- Composition
- Flooring
- Carpet, Laminate
- Appliances
- Other
- Lot
- Other
- HOA
- No
- Annual tax
- $883 (2025)
- County
- Newton
Assigned schools
- HighNewton
- MiddleClements
- ElementaryMiddle Ridge
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $170,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,313/mo
- Principal and interest
- $1,051
- Property tax
- $74
- Home insurance
- $125
- Mortgage insurance
- $64
- HOA dues
- $0
- Loan amount
- $153,000
- Cash down
- $17,000
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Opendoor Brokerage, LLC, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Covington?
See the similar homes section on this page, or browse all homes for sale in Covington, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for saleChurch buildings and sanctuaries for sale statewide.
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- Georgia warehouse buildings for saleWarehouse and distribution buildings for sale.
Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR explained for multifamilyDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- what a good cash-on-cash return isCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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