Active$363,993
3 bd3 ba1,721 SFSingle-family home
57 Homesite Armour Pass
Newnan, GA 30263 · Chapel Hill · 12 days listed
FMLS #7854741 · Listing Provided By DRB Group Georgia, LLC · 770-478-4036
Active20 days listed
475 Fairway Court, Newnan, GA 30265
- 3bd
- 2ba
- 1,892SF
- 0.24ac lot
FMLS #7850958 · Listing Provided By Entera Realty, LLC · 888-216-6364 · Listing agent Robert Salmons
About this home
Move-in ready three-bedroom, two-bathroom home in the desirable neighbourhood of The Fairways. This home features an open floor plan highlighted by tall ceilings and a cozy fireplace in the living room, creating an inviting space for relaxation and entertaining. The updated kitchen comes fully equipped with sleek stainless-steel appliances and durable granite countertops. The primary suite offers a private retreat complete with a large walk-in closet, while an unfinished basement provides excellent additional storage or future potential. Outside, enjoy a fully fenced-in backyard, perfect for outdoor activities and pets. Ideally positioned between Newnan and Peachtree City, this prime location offers convenient access to local shopping, dining, and everything Bulls Boro Drive has to offer. Commuting and travel are a breeze with close proximity to Piedmont Newnan Hospital, City of Hope, I-85, and Hartsfield-Jackson International Airport. Schedule your private showing today! One or more photos in this listing have been virtually staged.
How this list price compares in Newnan
- List price is 9% below the Newnan median list price of $399,993 (194 homes).
- Compared with 169 single-family homes in Newnan: 13% below the median of $420,600.
- List price per square foot is 10% above the Newnan median of $175/SF.
- All 194 homes for sale in Newnan, GA.
- 292 homes for sale in Coweta 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
- 3
- Full baths
- 2
- Living area
- 1,892 SF
- Lot size
- 0.24 acres
- Year built
- 1992
- Levels
- One and One Half
- Main-level bedrooms
- 2
- Garage spaces
- 2
- Parking
- Attached, Garage
- Basement
- Unfinished
- Style
- Ranch, Traditional
- Construction
- Brick, Stone
- Roof
- Composition
- Flooring
- Hardwood, Carpet, Laminate, Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s)
- Fireplaces
- 1
- Appliances
- Dishwasher, Microwave, Refrigerator, Disposal
- Lot
- Cul-De-Sac, Landscaped
- Community
- Street Lights, Homeowners Assoc
- HOA
- $200 annually
- Annual tax
- $3,547 (2025)
- County
- Coweta
Assigned schools
- HighEast Coweta
- MiddleArnall
- ElementaryWhite Oak - Coweta
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $364,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,830/mo
- Principal and interest
- $2,256
- Property tax
- $296
- Home insurance
- $125
- Mortgage insurance
- $137
- HOA dues
- $17
- Loan amount
- $328,410
- Cash down
- $36,490
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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Beyond homes
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Other property types for sale
- apartment complex for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
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Investor research and tools
- what cap rate Atlanta apartments list atMedian 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.
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