Looking for a turnkey, high-yield investment? This 5-bedroom, 2-bathroom PadSplit in Toccoa is already generating over $28,000 per year in gross income—and it brought in over $3,400 just in March. There's room to grow, too: convert the living room into a 6th bedroom to boost revenue even further. Unlike traditional rentals, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. The seller is open to a subject-to sale—the remaining $71,000 mortgage at 4.25% can stay in place if the buyer makes up the difference at closing. Toccoa is a hidden gem with small-town charm, close to natural highlights like Toccoa Falls and Lake Hartwell, and a walkable downtown full of local shops, restaurants, and friendly community vibes.
Single-familyProperty Type
2002Year Built
1.01 acresLot Size
$146Est. Price/Sq.Ft.
2 spacesParking
Listed by Josh Stanton• Keller Williams Realty Metro Atlanta
Listed by Brandon Beamer• Keller Williams Realty Metro Atlanta
Bought with Pauline Bowman• EXP Realty, LLC.
Source:FMLS #7543062
Redfin Estimate
$241,549
$43K since sold in June 2025$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 32.5% lower than the average sale price ($358K) of 6 comparable homes.
Looking for a turnkey, high-yield investment? This 5-bedroom, 2-bathroom PadSplit in Toccoa is already generating over $28,000 per year in gross income-and it brought in over $3,400 just in March. There's room to grow, too: convert the living room into a 6th bedroom to boost revenue even further. Unlike traditional rentals, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. The seller is open to a subject-to sale-the remaining $71,000 mortgage at 4.25% can stay in place if the buyer makes up the difference at closing. Toccoa is a hidden gem with small-town charm, close to natural highlights like Toccoa Falls and Lake Hartwell, and a walkable downtown full of local shops, restaurants, and friendly community vibes.
Public Records
Jun 5, 2023
Sold
$88,309
$53/sq ft
GAMLS #7320810
Jan 23, 2015
Sold
$79,900
$48/sq ft
Aug 14, 2014
Listed
$79,900
$48/sq ft
Incredible price for this recently updated home in a private rural location. Rocking chair front porch welcomes and then you enter a great room with vaulted ceilings and stone fireplace. A nice roomy kitchen with all appliances is open to the dining area and greatroom. Three bedrooms and two full bathrooms. The master bath has a double vanity, separate shower and garden tub. The bonus room was used as a living room by the previous owner and later as a man cave by a renter. Tax value is $115,000 must see!
Year
Property tax
Land + Additions
Assessment*
2025
$1,841 (+39.5%)
$3,011 + $64,046
$67,057
2024
$1,320 (+93.2%)
$3,011 + $42,347
$45,358
2023
$683 (−40.0%)
$3,011 + $39,425
$42,436
2022
$1,139 (+2.5%)
$3,011 + $37,232
$40,243
2021
$1,111 (−0.2%)
$3,011 + $34,510
$37,521
2020
$1,113
$3,011 + $34,222
$37,233
2019
$1,113
$2,867 + $34,222
$37,089
2018
$1,113 (−4.4%)
$2,867 + $34,222
$37,089
2017
$1,164 (+22.6%)
$2,858 + $35,296
$38,154
2016
$950 (−35.5%)
$2,858 + $35,296
$38,154
2014
$1,473
$2,858 + $42,800
$45,658
Tax history for 266 Old Oak Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,841 (+39.5%)
$3,011 + $64,046
$67,057
2024
$1,320 (+93.2%)
$3,011 + $42,347
$45,358
2023
$683 (−40.0%)
$3,011 + $39,425
$42,436
2022
$1,139 (+2.5%)
$3,011 + $37,232
$40,243
2021
$1,111 (−0.2%)
$3,011 + $34,510
$37,521
2020
$1,113
$3,011 + $34,222
$37,233
2019
$1,113
$2,867 + $34,222
$37,089
2018
$1,113 (−4.4%)
$2,867 + $34,222
$37,089
2017
$1,164 (+22.6%)
$2,858 + $35,296
$38,154
2016
$950 (−35.5%)
$2,858 + $35,296
$38,154
2014
$1,473
$2,858 + $42,800
$45,658
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Directions: From downtown Toccoa, take US-123 S/GA-17 S toward Toccoa Falls. Turn right onto Old Oak Valley Rd. Continue on Old Oak Valley Rd for approximately 2 miles. The property will be on your left.
Road Surface Type: Concrete
Road Frontage Type: City Street
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,260
Stories: 1.0
Lot Size: 1.01 acres
Style: Single Family Residential
Year Built: 2002
Year Renovated: —
County: Stephens County
APN: 057 033
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Big A Elementary School
Public PreK-K • Assigned • 5.2mi
Stephens County Middle School
Public 6-8 • Assigned • 5.6mi
5/10
Stephens County High School
Public 9-12 • Assigned • 5.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Toccoa, GA • 30577
Average low and high temperatures (°F)
51
31
60
38
71
46
77
54
77
59
86
67
90
72
81
67
81
63
74
53
66
46
56
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$230,000 – $278,000
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