$235,000
●
House -
In Contract
5240 Owens Road
Blackshear, GA 31516
4 Beds
2 Baths
2,048 Ft²
$1,154
Est. Monthly
About This Property
Welcome to peaceful country living at 5240 Owens Rd. This brand-new
32x64 ScotBilt home offers the perfect blend of space, comfort, and
convenience on 3 acres with beautiful longleaf pines and a 1-acre
cleared homesite, just 5 minutes from town and only 20 minutes to
Waycross for shopping, dining, and medical facilities. Inside,
you'll find painted sheetrock walls, a spacious open-concept
layout, a large kitchen island, walk-in pantry, laundry room with
sink and a versatile flex room perfect for a home office, playroom,
or second family room. The primary suite features a tiled walk-in
shower, soaking tub, double vanity, and generous space to unwind.
Enjoy the outdoors from the 8x10 back porch. Includes a 7-year
manufacturer's warranty. FHA, USDA, and VA financing eligible.
*Closing cost are negotiable.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
3.04 acres
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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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: 9 days ago (GAMLS #10827948)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Price Decreased |
$235,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$239,999
↓ $10K
(4%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by Lock and Key Realty | $249,999 | |
| Listed by Lock and Key Realty | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 2
Interior Features: Soaking Tub, Walk-In Closet(s), Master On Main Level, Rear Stairs, Separate Shower, Split Bedroom Plan
Appliances: Dishwasher, Electric Water Heater, Refrigerator, Oven/Range (Combo)
Flooring Type: Vinyl
Laundry Features: In Hall
Basement: None
Exterior Details
Square Footage: 2048
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: New Construction
Architectural Style: Modular Home
Year Built: 2026
Levels: One
Window Features: Double Pane Windows
Construction Materials: Vinyl Siding
Patio and Porch Features: Porch
Lot Features: Level
Lot Size Area: 132378.84
Lot Size Units: Square Feet
Lot Size Acres: 3.039
Lot Size Square Feet: 132378.84
Water Source: Private, Well
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pierce
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Listed by: Tyler Boatright, Lock and Key Realty
Last Updated: 9 days ago
Data Source: GAMLS, MLS# 10827948
Last Updated: 9 days ago
Data Source: GAMLS, MLS# 10827948
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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.
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.
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