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Newton 30055
192 Spears Lane
$122,250
● Land - Off Market

192 Spears Lane

Mansfield, GA 30055
bedrooms
Studio
bathrooms
0 Bath
$700
Est. Monthly

About This Property

***RARE OPPORTUNITY*** 3.53 acres of prime, undeveloped land perfect for your next project or dream home. This spacious lot offers endless potential. Enjoy the tranquility of nature while still being close to downtown Mansfield. Whether you are looking to build, invest, or create your own oasis, this property is a must-see!! Don't miss out on this incredible piece of land.
Unit Size
-
Days on Market
-
Land Size
3.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (GAMLS #10460019)

Price History

Date / Event Date Event Price
Mar 10, 2025 Sold
Premium
Sold
Feb 25, 2025 In contract -
In contract
Feb 13, 2025 Listed by LPT Realty $130,000
Listed by LPT Realty
Jun 17, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 153,767
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WYNDEMERE PHASE 1
  • Land Acres: 0000003530
  • Standard Land Use Code: 8001
  • County Land Use Code: R3
  • Legal Description 1: LT 6 WYNDEMERE PH 1

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100203

Zoning

  • Zoning: AR

Geography

  • Account Number: 34741
  • Subdivision Phase Number: 1
  • Parcel: 0119A-00000-006-000
  • Lot: 6
  • Municipality: COUNTY
  • Latitude: 33.4893
  • Longitude: -83.7455

    Address

  • Full Address: 192 Spears Ln
  • Address - House Number: 192
  • Address - Street Name: Spears
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Mansfield
  • Carrier Code: R063
  • 4-Digit Zip Code: 3131
  • Zip Code: 30055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $70,597
  • Tax Rate Code Area: TAX DISTRI

    Market Valuation

  • Market Total Value: $74,100
  • Market Land Value: $74,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,640
  • Assessed Land Value: $29,640

    Sales

  • Current Sale Contract Date: Jun 17, 2016
  • Current Sale Recording Date: Jun 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-002179
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newton

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2116 ft²

Average Home Age

31 years

Currently For Sale

630 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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GAMLS

Listed by: Devin Lubin, LPT Realty
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10460019
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 192 Spears Lane built and last sold?
The property at 192 Spears Lane was built in and last sold on Jun 17, 2016 for $42,000.
How much is this home worth?
The estimated value of the home located at 192 Spears Lane is $131,300.
What are some comparable homes to 192 Spears Lane?
There are currently no comparable homes to 192 Spears Lane.
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