Water Valley, MS Homes for Sale under $200,000

This 57.97 acre tract in Calhoun County offers a great blend of timber, water, and recreational use. The property features 25-year-old plantation pines that have been thinned twice (2013 and 2021), a stocked lake enhances both the beauty and usability of the land. Wildlife including deer, turkey, and small game are commonly seen, making this an excellent property for hunting and outdoor

Lee McMinn

McMinn Realty

51.7± acres of mixed hardwood and pine timber, ideal for deer, turkey, and small game. Property does not have a deeded easement, with current access from County Road 56. Additional 74 acres with a mobile home is available.

Lee McMinn

McMinn Realty

Two building lots located within the city limits of Water Valley with all utilities available at the property. Well suited for new construction, spec homes, or rental development. The property may be eligible for rezoning and subdivision into multiple lots, subject to city approval.

Lee McMinn

McMinn Realty

Just 4.2 miles northeast of downtown Water Valley and 17 miles from Oxford, this 20.5 acre tract offers an excellent blend of rural living and recreational opportunity. The property features frontage along CR 224 and is beautifully covered with a mix of pine and hardwood timber. Utilities, including community water, electricity, and fiber internet, are available nearby. A power line easement runs

Lee McMinn

McMinn Realty

Three residential lots available within the Water Valley city limits, including two 0.33 acre lots and one 0.53 acre lot. City utilities are available nearby, making these parcels an excellent opportunity for a new home, investment property, or future development. Enjoy the convenience of being close to schools, shopping, restaurants, and downtown Water Valley while experiencing the charm of

Lee McMinn

McMinn Realty

Discover the possibilities on this outstanding 63.20± acre tract ideally located just 8 miles from Water Valley and 27.3 miles from Grenada. Offering a desirable combination of timber, recreation, and potential homesites, this property is well-suited for investors, outdoor enthusiasts, and those seeking a private rural retreat.The tract features approximately 0.25 miles of frontage along

Lee McMinn

McMinn Realty

Build your dream home or weekend retreat on this beautiful 0.50-acre lot located just one mile from Enid Lake, one of North Mississippi's premier destinations for fishing, boating, water sports, and outdoor recreation. Whether you're searching for a peaceful full-time residence, a vacation getaway, or an investment near the lake, this property offers the ideal combination of location,

Lee McMinn

McMinn Realty

51.7 acres of mixed hardwood and pine timber, ideal for deer, turkey, and small game. Property does not have a deeded easement, with current access from County Road 56. Additional 74 acres with a mobile home is available.

Lee McMinn

McMinn Realty

63.20 acres conveniently located 8 miles from Water Valley and 27.3 miles from Grenada. The property offers approximately 0.25 miles of frontage on County Road 15 and includes 14.56 acres of managed 35-year-old plantation pines that were recently thinned and have remaining CRP payments available. The balance of the acreage consists of mixed hardwoods, primarily 18 inches in diameter and under.

Lee McMinn

McMinn Realty

Two building lots located within the city limits of Water Valley with all utilities available at the property. Well suited for new construction, spec homes, or rental development. Lots may be purchased individually or together.

Lee McMinn

McMinn Realty

Three residential lots available within the Water Valley city limits, including two 0.33 acre lots and one 0.53 acre lot. City utilities are available nearby, making these parcels an excellent opportunity for a new home, investment property, or future development. Enjoy the convenience of being close to schools, shopping, restaurants, and downtown Water Valley while experiencing the charm of

Lee McMinn

McMinn Realty

Discover an excellent opportunity to own 40.00 acres of recreational and investment land conveniently located just northeast of downtown Water Valley. This tract offers a unique chance to establish a long-term timber investment while creating exceptional wildlife habitat and recreational opportunities for years to come.The property was recently clear cut and is scheduled to be

Lee McMinn

McMinn Realty

Three residential lots available within the Water Valley city limits, including two 0.33 acre lots and one 0.53 acre lot. City utilities are available nearby, making these parcels an excellent opportunity for a new home, investment property, or future development. Enjoy the convenience of being close to schools, shopping, restaurants, and downtown Water Valley while experiencing the charm of

Lee McMinn

McMinn Realty

Conveniently located just 4.2 miles northeast of downtown Water Valley and only 17 miles from Oxford and Ole Miss, this beautiful 20.5± acre tract offers an outstanding combination of rural living, recreational enjoyment, and future homesite potential. Whether you're looking to build a primary residence, establish a weekend getaway, or invest in North Mississippi land, this property provides the

Lee McMinn

McMinn Realty

40.00 acres of recreational land located just northeast of downtown Water Valley. The property was recently clear cut and is scheduled to be sprayed, burned, and replanted, offering an excellent opportunity for future timber investment and wildlife habitat enhancement. Features include a small pond and access via County Road 118 through an adjoining landowner.

Lee McMinn

McMinn Realty