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4906 Galloway Rd, Graceville, FL, 32440

2beds
1baths
1,548sqft
$325,000
$210price/sqft
$2,139/moest. monthly cost
$85,560/yrincome needed

About This Home

Beautiful 42-acre country property located just southeast of Graceville, Florida, offering a great combination of pasture land, water, and functional farm improvements. This property would make an excellent small farm, horse property, or rural homesite in the Florida Panhandle. The land is approximately 80% open pasture and is fenced behind the home, providing ideal conditions for livestock, horses, or agricultural use. A scenic pond of approximately one-third acre sits just behind the home and can be enjoyed from the back sunroom overlooking the yard and water. The 1,548 square foot home is well-maintained and offers 2 bedrooms and 1 bathroom, with several areas that could potentially be converted into a third bedroom if desired. The home features a large front porch that provides a welcoming entry and a great place to relax and enjoy the peaceful country setting. A two-car attached carport is located on the side of the home for convenient covered parking. Additional improvements include multiple barns and storage buildings, making the property well-suited for farm or hobby use. There are four total barns on the property, including two solid cinder block barns and two older wooden barns that provide additional storage or livestock shelter. Mature pecan trees add character to the property and enhance the traditional farm setting. The home is served by private well and septic. This property is conveniently located in the rural countryside while still providing easy access to nearby towns and amenities. Location: Approximately 5 miles southeast of Graceville, Florida Approximately 22 miles south of Dothan, Alabama Approximately 60 miles north of Panama City, Florida Approximately 80 miles northeast of Destin, Florida This is a great opportunity to own a versatile farm property with pasture land, water, barns, and a well-maintained home in the Florida Panhandle.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Graceville High SchoolGrades PK-124.1 mi

Construction

Condition

  • Year built: 1937

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Country
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Heat Pump,Wall Unit(s)

Interior Area

  • Total structure area: 1,548
  • Total interior livable area: 1,548 sqft

Kitchen

  • Level: First
  • Dimensions: 12 x 14

Living Room

  • Level: First
  • Dimensions: 14 x 14

Property

Details

  • Parcel number: 186N12000000200010
  • Zoning description: Agriculture
  • Special condition: Listed As-Is

Features

  • Fencing: Cross Fenced,Partial
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 42 Acres
  • Lot size dimensions: 42ac

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Hurricane
Cold Wave
Drought
Heat Wave
Strong Wind

FEMA Declared Disasters in Jackson County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$260$3,120
Property Taxes $39$468
Electricity $197$2,366
Total$2,139$25,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,337/yr
40% on housing$64,170/yr
45% on housing$57,040/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: -5.5%
-5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 32440$100
Jackson County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 32440
Jackson County$110

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-16Listed for sale$375,000

For Sale by Agent

AgentDavid Miller
BrokerageFulford Real Estate Inc.

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