761 Formwalt Street SW, Atlanta, GA 30315 - Photo 1

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$120,000

For Sale
Active
Lots/Land
0.1601 Acres

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Property Description

Awesome building opportunity for new construction in Mechanicsville. This level lot previously had a Bungalow house on public sewer that was torn down, leaving the lot vacant and ready for building. The lot is located on a quiet street with developed residential properties and offers quick access to Pittman Park, Westside Belt Line trail, Downtown Atlanta, Hartsfield Jackson Airport, shopping, dinning and much more! View now!

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Full Property Details

Full Property Details for 761 Formwalt St SW

General

Price: $120,000
Taxes: $788 (2024)
Status: Active
Type: Lots/Land
Source: FMLS_Atlanta
MLS ID: 7549746
Updated: 3/29/2025
Added to Site: 296 day(s) ago

Additional Information

Amenities: None
Security/Safety: None
Equipment: None

Location

County: Fulton
Subdivision: Mechanicsville
Driving Directions: 85/75S to exit 244 (University Ave). Left under HWY to left on Pryor then Left on Dodd and Right on Formwalt.

School Information

Elementary School: Paul L. Dunbar
Middle School: Martin L. King Jr.
High School: Maynard Jackson

Utilities

Utility Description: Underground Utilities, Other

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Residential

Additional Structures

Other Structures: None

Lot Features

Property View: Other
Lot Size (Acres): 0.1601
Lot Size Source: Public Records
Lot Dimensions: x
Frontage: City Street, Private Road
Street/Road Desc.: Asphalt
Lot Features: Cleared
Trees/Vegetation: Cleared
Zoning: R5
Fencing (Description): None

Water Features

Docks: None

Financial Considerations

Price Per Acre: $749,531.54
Tax Amount: $788
Tax Year: 2024
Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Special Conditions: None
Restrictions: None
Property ID: 14 007500040833

Listed by Maximum One Executive Realtors

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 14 2026 4:12PM

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Schools

Schools serving 761 Formwalt St SW

School District:Atlanta City School District

Name	Grades	Distance
Dunbar Elementary School 500 Whitehall Terrace Southwest, Atlanta, GA 30312	PK-5	0.6 mi
King Middle School 545 Hill Street Southeast, Atlanta, GA 30312	6-8	1 mi
Maynard H. Jackson- Jr. High School 801 Glenwood Avenue Southeast, Atlanta, GA 30316	9-12	2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 761 Formwalt St SW Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/28/2025

Listed

$120,000

203.8%

MLS

3/16/2018

Sold

$39,500

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 761 Formwalt St SW

Year

Property Taxes

Change

Tax Assessment

Change

2023

$957

—

$23,120

—

2022

$957

51%

$23,120

48%

2021

$632

—

$15,600

21%

2021

$632

72%

$12,880

44%

2019

$367

-5%

$8,920

-5%

2018

$388

118%

$9,360

127%

2017

$178

—

$4,120

—

2016

$178

-1%

$4,120

—

2015

$179

-4%

$4,120

—

2014

$187

85%

$4,120

72%

2012

$101

—

$2,400

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

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Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 14 2026 4:12PM

761 Formwalt Street SW, Atlanta, GA 30315 (MLS# 7549746) is a Lots/Land property with a lot size of 0.1601 acres. 761 Formwalt Street SW is currently listed for $120,000 and was received on March 28, 2025. Want to learn more about 761 Formwalt Street SW? Do you have questions about finding other Lots/Land real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

761 Formwalt St SW Atlanta, GA 30315