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

Prime Commercial Location! Conveniently situated on the south end of Main Street in Water Valley, this high-visibility 1.10-acre parcel offers excellent exposure along the area's growing commercial corridor. The property is situated in a designated FEMA flood zone. Contact us today for details or to schedule a site visit!

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

3.79-acre wooded lot located within the Water Valley city limits, offering a combination of acreage, privacy, and convenient access to town. The property consists primarily of hardwoods with some plantation pines, providing a naturally wooded setting for a future homesite or recreational use. With frontage along Sissell Street and multiple potential homesites, the tract offers flexibility for

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

8.25 acres conveniently located approximately 1.2 miles south of downtown Water Valley, offering a sizable tract of land with excellent access to town. The property features approximately 283 feet of road frontage along South Main Street, providing good visibility and direct access from one of the primary routes leading into Water Valley.Currently zoned R-1 Residential, the property

Lee McMinn

McMinn Realty

63.20 acres conveniently located just 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, with remaining CRP payments available. The balance of the acreage consists of mixed hardwood timber, providing good wildlife habitat and

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

4.39 acres located just 3.1 miles from Water Valley and approximately 23.3 miles from Oxford. The property has been cleared and is ready for a future homesite, with approximately 230 feet of road frontage along CR 220. Pond access adds to the property, while nearby water and electricity provide convenient utility options for future development. The property is subject to deed restrictions,

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

Discover 51.7± acres of North Mississippi timberland offering a combination of recreational opportunities, wildlife habitat, and long-term investment potential. Featuring a healthy mix of mature hardwoods and pines, this property provides the type of wooded habitat that attracts deer, turkey, and other native wildlife. For hunters and outdoor enthusiasts, the acreage provides plenty of room to

Lee McMinn

McMinn Realty

Beautiful 8.20 acre timbered tract located just 10 miles south of Water Valley. Features approximately 2,057.27 ft of road frontage on CR 227. Property includes a mix of pine and hardwoods with multiple potential homesites. Community water, electricity, and high-speed fiber internet are available at the road. Property has deed restrictions (no mobile homes). Ideal for a private residence,

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.

Lee McMinn

McMinn Realty

Prime Commercial Location! Conveniently situated on the south end of Main Street in Water Valley, this high-visibility 1.10-acre commercial parcel offers outstanding exposure along one of the city's primary commercial corridors. With excellent road frontage, easy access, and strong daily visibility, this property presents an exceptional opportunity for a wide variety of commercial uses, including

Lee McMinn

McMinn Realty

8.25 acres conveniently located approximately 1.2 miles south of downtown Water Valley. The property offers approximately 283 feet of road frontage along South Main Street and is currently zoned R-1 Residential, with potential for rezoning to accommodate other uses, subject to applicable zoning approval.

Lee McMinn

McMinn Realty

4.39± acres located just 3.1 miles from Water Valley and approximately 23.3 miles from Oxford. The property has already been cleared and is ready for a future homesite, giving a buyer a head start on establishing a home pad and making plans for the property. With approximately 230 feet of road frontage along CR 220, the tract offers convenient access and a manageable amount of acreage for those

Lee McMinn

McMinn Realty