Active$384,900
5 bd3 ba3,071 SFSingle-family home
1097 Folkstone Drive
McDonough, GA 30253 · Landings at Wesley Lake · 5 days listed
FMLS #7839198 · Listing Provided By HomeSmart · 901-299-0364
Pending61 days listed
2450 McGarity Road, McDonough, GA 30252
- 3bd
- 3ba
- 2,322SF
- 10ac lot
FMLS #7828232 · Listing Provided By Blue Door Associates, LLC · 678-539-0600 · Listing agent Cindy Carter
About this home
Rare find...Affordable 10 acre homesite with full brick RANCH and 20 x 30 Outbuilding/Workshop (with seperate power) located in OLA School District...close to everything while offering a gorgeous, peaceful setting just minutes from the Historic McDonough Square! One Story living with 2,400 +/- sq. foot!! 3 Bedrooms, 2.5 updated baths, large kitchen with breakfast area, separate dining room that can be used as office, etc. and there is a huge bonus room!! Fabulous real oak hardwood flooring and LVT in some areas. Huge screen porch overlooking nothing but nature! Total Electric. Priced to SELL and shown by APPT ONLY. Please do not come onto property without appointment.
How this list price compares in McDonough
- List price is 1% above the McDonough median list price of $379,993 (645 homes).
- Compared with 588 single-family homes in McDonough: 3% below the median of $394,900.
- List price per square foot is 8% 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
- Pending
- Bedrooms
- 3
- Full baths
- 2
- Half baths
- 1
- Living area
- 2,322 SF
- Lot size
- 10 acres
- Year built
- 1973
- Levels
- One
- Main-level bedrooms
- 3
- Basement
- Crawl Space
- Style
- Ranch
- Construction
- Brick 4 Sides
- Roof
- Composition
- Flooring
- Carpet, Hardwood, Luxury Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dishwasher
- Lot
- Cleared, Landscaped
- HOA
- No
- Annual tax
- $2,987 (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 $384,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,898/mo
- Principal and interest
- $2,380
- Property tax
- $249
- Home insurance
- $125
- Mortgage insurance
- $144
- HOA dues
- $0
- Loan amount
- $346,410
- Cash down
- $38,490
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 Blue Door Associates, LLC, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Pending) 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.
Other property types for sale
- apartment buildings for sale in GAApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- church for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- commercial properties for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
Investor research and tools
- apartment cap rates in GeorgiaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio for apartmentsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- gross rent multiplier explainedGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- commercial cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR and cash-on-cash calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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