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Lot 8 Wallace, Madison, GA 30650

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For Sale

$330,000

Estimated Payment

$ 1,695 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

Explore this Property

Come move to beautiful Madison and build your dream home in this gorgeous Estate lot community!!! Lot 8 is a 15.739 acres estate lot in one of the most beautiful land in Morgan County. Prime location, just minutes to downtown Madison and easy access I-20. Additional lots are available. Be your own builder or the seller will build to suit.
MLS# 50878

Courtesy Of Algin Realty

(770) 616-4460

Property Features

  • Architecture Style
    Other

Map and Directions

Directions to Lot 8 Wallace, Madison, GA 30650

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,695
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,695

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Morgan County Primary School

Grades PK-2 Public School

Madison, GA 30650 6.5 miles
993 east ave

770 total students
14:1 Student teacher ratio

School Details

Morgan County Elementary School

Grades 3-5 Public School

Madison, GA 30650 6.8 miles
1640 old buckhead rd

691 total students
13:1 Student teacher ratio

School Rating: B-

School Details

Morgan County Middle School

Grades 6-8 Public School

Madison, GA 30650 6.5 miles
1201 college dr

777 total students
14:1 Student teacher ratio

School Rating: B

School Details

Morgan County High School

Grades 9-12 Public School

Madison, GA 30650 6.5 miles
1231 college dr

1004 total students
15:1 Student teacher ratio

School Rating: B

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Madison, GA 30650

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Madison, GA 30650

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
33° January
Coldest Average Month
5,648 Total Households in Area
5.8% Increase in population since the year 2010
36.2%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Madison, GA 30650

Madison, GA 30650 has a population of 14,505 people in 5,648 households with a median age of 42.8 years old.

5.8%
Increase in population
since the year 2010
Population is Trending up
5,160
Total households as of 2010
7.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 42.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 67%
Black 26%
Hispanic 4%
Other 2%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 67%, followed by Black at 26%, Hispanic at 4%, and Other at 2%.

Economics
for Madison, GA 30650

61 /sq mi
Population Density
$78,636 /yr
Median Household Income
$484,900
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.2% of the households.

Transportation to Work

  • Drive 90%
  • Walk or Bike 5%
  • Work from Home 4%
  • Public Transit 0%

Occupancy by Type

Owned 4,224 68%
Rented 1,425 23%
Vacant 547 9%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for Madison, GA 30650

42.8 Median Age

Average Household Size

2.5
persons per
household

54%

Married Households

Community Population By Education

High School Graduate 35%
Bachelors Degree 17%
Some College 16%
Graduate Degree 15%
Some High School 10%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.75% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.2% of households have children

Weather
for Madison, GA 30650

The weather for this area ranges from a high of 91° F in July to a low of 33° F in January

91° July
Hottest Average Month
33° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
33°
54°
Feb
35°
58°
Mar
42°
67°
Apr
49°
75°
May
58°
82°
Jun
65°
88°
Jul
69°
91°
Aug
68°
90°
Sep
62°
85°
Oct
51°
75°
Nov
41°
65°
Dec
35°
57°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Milledgeville MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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