Active$525,000
5 bd4 ba4,363 SFSingle-family home
2048 Reserve Parkway
McDonough, GA 30253 · Summer Lake · 27 days listed
FMLS #7846541 · Listing Provided By Keller Williams Realty ATL Part · 678-438-8118
Active47 days listed
140 Austin Drive, McDonough, GA 30252
- 5bd
- 4ba
- 2,641SF
- 3.01ac lot
FMLS #7835426 · Listing Provided By BHGRE Metro Brokers · 404-843-2500 · Listing agent Sandra Stephens
About this home
NO HOA! 5-BEDROOM CRAFTSMAN ON 3 ACRES IN THE OLA SCHOOL DISTRICT! Enjoy space, privacy, and the freedom of no HOA in this two-story Craftsman home on 3 level, cleared acres. With 5 bedrooms and 3.5 baths, this home offers room to spread out, entertain, and enjoy country living with convenient access to shopping, dining, and everyday amenities. The rocking-chair front porch welcomes you into an open floor plan with LVP flooring throughout the main living areas. The family room features a fireplace and flows into the dining area and kitchen, complete with granite countertops, abundant cabinetry, pantry, and breakfast bar. The main-level primary suite includes a private bath with double vanity and a large walk-in closet. Upstairs, you'll find spacious secondary bedrooms with walk-in closets and an ensuite bedroom with a private bath, ideal for guests or multigenerational living. Enjoy the extended covered back patio overlooking your acreage, with room for gardening, outdoor activities, and entertaining. With 3 acres, 5 bedrooms, and NO HOA, this property offers space and flexibility in the desirable Ola school district. Schedule your private showing today!
How this list price compares in McDonough
- List price is 38% above the McDonough median list price of $379,993 (645 homes).
- Compared with 588 single-family homes in McDonough: 33% above the median of $394,900.
- List price per square foot is 29% above the McDonough median of $154/SF.
- All 645 homes for sale in McDonough, GA.
- 1,298 homes for sale in Henry 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
- 5
- Full baths
- 3
- Half baths
- 1
- Living area
- 2,641 SF
- Lot size
- 3.01 acres
- Year built
- 2023
- Levels
- Two
- Main-level bedrooms
- 1
- Garage spaces
- 2
- Parking
- Attached, Garage
- Style
- Craftsman
- Construction
- Concrete, HardiPlank Type
- Roof
- Composition
- Flooring
- Carpet, Luxury Vinyl, Vinyl
- Heating
- Central
- Cooling
- Electric
- Fireplaces
- 1
- Appliances
- Dishwasher, Refrigerator, Electric Range, Electric Water Heater, Microwave
- Lot
- Level
- HOA
- No
- Annual tax
- $4,225 (2025)
- County
- Henry
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $525,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$3,920/mo
- Principal and interest
- $3,246
- Property tax
- $352
- Home insurance
- $125
- Mortgage insurance
- $197
- HOA dues
- $0
- Loan amount
- $472,500
- Cash down
- $52,500
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 BHGRE Metro Brokers, 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 McDonough?
See the similar homes section on this page, or browse all homes for sale in McDonough, 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.
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- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- apartment building DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to finance an apartment buildingConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- NOI and cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- rental property cash flow calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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