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Fannin 30559
780 Watson Gap Road
$250,000
● House - Off Market

780 Watson Gap Road

Mineral Bluff, GA 30559
bedrooms
2 Beds
bathrooms
2 Baths
$1,296
Est. Monthly
8.43%
Cap Rate

About This Property

Escape to this charming 2-bedroom, 2-bath cabin on 0.75 unrestricted acres! All on one level, this fully furnished home offers easy living with an open layout, beautiful natural landscaping, and plenty of outdoor space to relax or entertain. Enjoy peaceful mornings on the spacious decking, and take advantage of the detached one-car garage for storage or hobbies. With a durable metal roof and a new HVAC system installed in 2022, this cabin is move-in ready. Whether you're looking for a full-time residence, weekend getaway, or income-producing rental-this one checks all the boxes. Call me today!
Unit Size
-
Days on Market
105 days
Land Size
0.75 acres
Price per sqft
-
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
1984

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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 #10546048)

Price History

Date / Event Date Event Price
Oct 1, 2025 Sold
Premium
Sold
Sep 20, 2025 In contract -
In contract
Sep 6, 2025 Price Decreased $254,000
↓ $15K (5.6%)
Price Decreased
Jul 12, 2025 Price Decreased $269,000
↓ $21K (7.2%)
Price Decreased
Jun 28, 2025 Price Decreased $289,900
↓ $9K (3%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 14
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 8-2 LL2 DB1476-280 0.75 ACS

Neighborhood

  • School District Name: Fannin County School District
  • School Tax School District: COUNTY
  • Census Tract: 050100

Zoning

  • Zoning: RURAL

Geography

  • Account Number: 3698
  • District: 8-1
  • Parcel: 0027 014E
  • Lot: 2
  • Municipality: COUNTY
  • Latitude: 34.9841
  • Longitude: -84.2336

    Address

  • Full Address: 780 Watson Gap Rd
  • Address - House Number: 780
  • Address - Street Name: Watson Gap
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Mineral Bluff
  • Carrier Code: R093
  • 4-Digit Zip Code: 2402
  • Zip Code: 30559

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $95,414
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 275,484
  • High Value: 329,104
  • Low Value: 221,863

    Market Valuation

  • Market Total Value: $132,605
  • Market Land Value: $5,601
  • Market Improvement Value: $127,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,042
  • Assessed Land Value: $2,240
  • Assessed Improvements Value: $50,802

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-004238
  • Previous Sale Recording Date: Mar 20, 2001
  • Previous Sale Contract Date: Mar 20, 2001
  • Previous Sale Document Type: 27
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 Fannin

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$316

Below Asking

0.04%

Average Days on Market

113

Average Home Size

2395 ft²

Average Home Age

21.8 years

Currently For Sale

547 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

Unit for rent at 94 Rhinas Trail, Mineral Bluff, GA, 30559

$1,975 /mo

  • 2 Beds
  • 2 Baths
  • 1,296 ft²
94 Rhinas Trail, Mineral Bluff, GA, 30559

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Kelly Shuler, Coldwell Banker High Country
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10546048
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 780 Watson Gap Road built and last sold?
The property at 780 Watson Gap Road was built in 1984 and last sold on Dec 23, 2021 for $180,000.
How much is this home worth?
The estimated value of the home located at 780 Watson Gap Road is $0.
What are some comparable homes to 780 Watson Gap Road?
There are currently no comparable homes to 780 Watson Gap Road.
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