Leesburg Homes under $150,000

Leesburg Homes under $150,000

Welcome to Leesburg, Georgia – a charming southern town nestled in the heart of Lee County. Known for its friendly communities and picturesque landscapes, Leesburg offers a perfect blend of small-town charm and modern convenience. With its rich history and vibrant local culture, this city is an inviting place for families, retirees, and anyone looking to embrace a laid-back lifestyle.

One of the most appealing aspects of Leesburg is its affordability. For those seeking a home without breaking the bank, the city boasts a variety of properties priced under $150,000. Whether you’re a first-time homebuyer, an investor, or looking to downsize, you’ll find a range of options that cater to your needs. From cozy single-family homes to charming townhouses, Leesburg provides an array of choices that make it easy to find your perfect fit.

The community is enriched with parks, recreational facilities, and local events that foster a strong sense of belonging. With a commitment to preserving its natural beauty, Leesburg offers plenty of outdoor activities for residents to enjoy, from fishing in nearby lakes to exploring scenic walking trails.

In addition to its affordable housing options, Leesburg is conveniently located near major highways, providing easy access to neighboring cities and amenities. With a welcoming atmosphere, a low cost of living, and a variety of homes under $150,000, Leesburg, Georgia, is an ideal place to call home. Come discover the charm of Leesburg – where your dream home awaits!

Newest Leesburg Homes under $150,000

298 Cypress Point Circle, Leesburg
$89,900
3 Beds ⋅ 2 Baths ⋅ 169201 MLS
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.

298 Cypress Point Circle, Leesburg

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