$312,800
$62K PRICE DROP

00 County Road 387 Water Valley, MS 38965

Estimated payment $1,714/month

Total Views 3,674
39.15 Acres
$7,990 Price per Acre
1,705,374 Sq Ft Lot

About This Lot

39.15 acres in Lafayette County, within the Lafayette County School District. Just 3.1 miles from historic downtown Water Valley and a short drive to Oxford and Ole Miss. The land features mostly pine and hardwood timber, with trails and designated wildlife food plot areas. A 3-acre homesite is already cleared and ready for your dream home.

Listing Agent

Lee McMinn

McMinn Realty and Land Brokerage Phone: 6624730535 License #B-17484 Listed on: 06/20/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $118

Lot Details

  • 39.15 Acre Lot
  • Property is zoned A-2, LAFAYETTE

Additional Features

  • Electricity Available at Street
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 24420012.00 & .02

Property Details

Property Type

Land

Est. Annual Taxes

$118

Lot Details

0

Listing Details

  • Attribution Contact: 6624730535
  • Directions: At the intersection of Highway 7 and Highway 328, turn right onto 328. Travel to a T at CR 387 and turn left. Go for 2.5 miles and property will be on the right.
  • Prop. Type: Land
  • Property Sub Type: Acres 10+,Unimproved Land
  • Lot Size Acres: 39.15
  • Road Surface Type: Asphalt
  • Subdivision Name: None
  • NAV98_rets_property_type: Land
  • Special Features: None

Exterior Features

  • Lot Features: Acres 10+
  • Waterfront: No

Utilities

  • Sewer: None
  • Electric: NEMPA
  • Utilities: Electric Nearby
  • Water Source: Water Laterals, Community System

Schools

  • Junior High Dist: Lafayette

Lot Info

  • Parcel #: 24420012.00 & .02
  • Zoning: A-2
  • Lot Size Sq Ft: 1705374
  • Zoning Description: LAFAYETTE

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 118
  • Tax Map Number: 19403

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $312,800 -16.6% --
06/20/2025 06/20/25 For Sale $375,000 -- --
Source: North Central Mississippi REALTORS®

Similar Property in Water Valley, MS

  • County Road 387, Water Valley, MS 38965

    $312,800

    • Land
    • 39.15 Acres
    • $7,990 per Acre
    • County Road 387
    • Water Valley, MS

    39.15 acres in Lafayette County, within the Lafayette County School District. Just 3.1 miles from historic downtown Water Valley and a short drive to Oxford and Ole Miss. The land features mostly pine and hardwood timber, with trails and designated wildlife food plot areas. A 3-acre homesite is already cleared and ready for your dream home.

    Lee McMinn

    Section Image
See All Homes in Water Valley

Source: North Central Mississippi REALTORS®

MLS Number: 160994

North Central Mississippi REALTORS®
Mississippi Lafayette County Water Valley 38965

00 County Road 387, Water Valley, MS

This home is located at 00 County Road 387, Water Valley, MS 38965 and is currently priced at $312,800. 00 County Road 387 is a home with nearby schools including Lafayette Elementary School, Lafayette Upper Elementary School, and Lafayette Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Central Mississippi REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Nearby Homes
Lee McMinn
Listing Agent
Lee McMinn
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McMinn Realty and Land
(662) 729-6116