# 298 Cypress Point Circle, Leesburg, GA 31763

> **TL;DR:** 3bd/2ba single family, $95,000 ($58/sqft), built 1995, 1,650 sqft.
> Fireplace. Est. $412/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $95,000 |
| Price/sqft | $58 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,650 |
| Year Built | 1995 |
| Lot Size | 26,572 sqft (0.61 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 10 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $412 |
| **Total** | **$412** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1995
- 0.61 acre lot
- Fireplace

## Description

### Agent Description
Income-producing waterfront property with upside potential! This tenant-occupied 3BR/2BA home sits on approximately 0.61 acres along Kinchafoonee Creek and currently rents for $850/month to a long-term tenant of approximately 10 years. The current owner has intentionally kept rent below market value in consideration of the tenant's long occupancy, creating an opportunity for future income growth. Seller records reflect approximately $10,200 in annual gross rental income and nearly $9,000 in net operating income over the past year. The spacious floor plan features a large living room with vaulted ceilings and fireplace, an oversized kitchen addition with abundant cabinetry and counter space, a large mudroom/laundry room with separate exterior entrance, and a split-bedroom layout. The primary suite offers dual walk-in closets, double vanities, a garden tub, and separate shower. Additional features include a huge screened rear porch, covered front porch, concrete skirting, metal roof, and scenic frontage along Kinchafoonee Creek. While the home could benefit from cosmetic updates and some TLC, it presents a compelling value-add opportunity for investors seeking immediate cash flow with future upside. Similar properties in the area may support higher rental rates, particularly after improvements, allowing a new owner to potentially increase cash flow while building long-term equity. Affordable income-producing properties with waterfront features and proven rental history are increasingly difficult to find. Don't miss this opportunity.

## Location

- **Address:** 298 Cypress Point Circle, Leesburg, GA 31763
- **County:** Lee
- **Neighborhood:** Cypress Point
- **Coordinates:** 31.678822, -84.179845
- **Google Maps:** https://www.google.com/maps?q=31.678822,-84.179845

## Listing Agent

- **Name:** Lacey McCarty
- **Brokerage:** ERA ALL IN ONE REALTY
- **Phone:** 2298869701
- **Email:** lace.mccarty@gmail.com

## Primary Photo

![298 Cypress Point Circle - Primary Photo](http://lh.rdcpix.com/379c32af967298944514f0fa18305412l-f1187767675r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/298-cypress-point-circle-leesburg-ga-31763-a169201)*

---

**MLS#:** 169201 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Albany Board of Realtors and Southwest Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/298-cypress-point-circle-leesburg-ga-31763-a169201)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "298 Cypress Point Circle, Leesburg, GA 31763",
  "description": "Income-producing waterfront property with upside potential! This tenant-occupied 3BR/2BA home sits on approximately 0.61 acres along Kinchafoonee Creek and currently rents for $850/month to a long-term tenant of approximately 10 years. The current owner has intentionally kept rent below market value in consideration of the tenant's long occupancy, creating an opportunity for future income growth. Seller records reflect approximately $10,200 in annual gross rental income and nearly $9,000 in net ",
  "url": "https://www.propertysimple.com/listing/298-cypress-point-circle-leesburg-ga-31763-a169201",
  "image": "http://lh.rdcpix.com/379c32af967298944514f0fa18305412l-f1187767675r.jpg",
  "datePosted": "2026-06-18",
  "price": 95000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "298 Cypress Point Circle",
    "addressLocality": "Leesburg",
    "addressRegion": "GA",
    "postalCode": "31763",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 31.678822,
    "longitude": -84.179845
  },
  "numberOfBedrooms": 3,
  "numberOfBathroomsTotal": 2,
  "numberOfFullBathrooms": 2,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1650,
    "unitCode": "FTK"
  },
  "yearBuilt": 1995
}
```