Sold Price cut: $19,000 (3/18)
$130,000
2 beds · 3 baths
1023 Thornwoode Lane, Stone Mountain, GA 30083
About this home
Looking for a home that won’t break the bank but still has tons of potential? This affordable gem in Stone Mountain is priced under $150K and ready for its next owner! Whether you’re an investor searching for a cash-flow-ready rental (yes, it meets the 1% rule!) or a buyer looking for a budget-friendly home you can make your own, this one is worth a look.
Inside, you’ll find…
PoolBasement
Listing remarks courtesy of Keller Williams Realty Atl Partners · Sold by Keller Williams Realty Atl Partners.
· FMLS #7513697$889/mo est.
with $13,000 down · $130,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
2
Beds
3
Baths
1984
Built
1,307 sqft
Lot
2 spaces
Parking
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,600/morange $1,500 – $1,70014.8% gross yield
Based on 12 similar rentals within 2 mi (5 recently leased).
2 bd · 2 ba · 1,328 sqft · 0.3 mi away$1,490/mo2 bd · 2 ba · 1,200 sqft · 0.4 mi away · leased$1,384/mo2 bd · 2 ba · 1,044 sqft · 0.7 mi away$1,800/mo2 bd · 3 ba · 1.2 mi away$1,600/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Payment calculator
$1,002/mo
Principal & interest$759
Property taxes$130
Home insurance$38
HOA$75
Down payment$13,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated value
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AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Stone MountainElementary
Stone MountainMiddle
Stone MountainHigh
Location
62 for sale 18 pending 12 sold
Listed by
Keller Williams Realty Atl Partners · Sold by Keller Williams Realty Atl Partners
Source: FMLS · #7513697
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
