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5123 Highway 51, Hernando, MS 38632 (MLS# 4033475)

5123 Highway 51, Hernando, MS 38632

$1,501,000
Property Type: Land Lot Size (sq. ft.): 6,882,480 Status: Closed
Current Price: $1,501,000 List Date: 11/11/2022 Last Modified: 11/04/2024

Overview

Description

158+- acres located in Desoto County just south of the Hernando square. Half mile of road frontage on Highway 51. This will make a great residential development tract with Belmont Water Association water and Atmos gas available to the property. Property is currently zoned agricultural. Mostly wooded with rolling hills. Located convenient to I55 and I69. All structures on subject property are being sold in ''As Is-Where IS'' condition with no value being given to any structure.

Listing Details MLS# 4033475

General Property Information

Approx Lot Size Acres
158
Expandable Area
No
List Price/Acre
9493.67
Divisible
No
School District
Desoto CO Dist
Property Sub Type
Acreage (more than 10 acres)

Property Features

Current Use: Agricultural; Hunting; Recreational; Residential Possible Use: Investment; Residential; Single Family; Timber Location: Rural Lot Features: Many Trees; Rolling Slope; Wooded Covenants And Restrictions: None Sewer: None Water Source: Public Listing Terms: Cash; Conventional Utilities: Electricity Available; Natural Gas Connected; Water Available Road Frontage Type: Highway

Address and Location Information

Street Number Assigned?
No
Street Number
5123
Street Name
Highway 51
County
DeSoto
State
MS
Zip Code
38632
Parcel Number
3087360000000100
Subdivision
Metes And Bounds
Directions to Property
From the Hernando square go south on Highway 51 for 2.5 miles and property is on the right.
Community Of
N/A

Listing Information

Property Sub Type
Acreage (more than 10 acres)
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
1759
Tax Year
2022
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
No
Association
No
Covenants Y/N
No
Legal Description
158+/- acres located in Section 36, Township 3 S, Range 8W, Desoto County, MS

Status Change Info

Contract Date/Pending Date
2022-12-12
Closing Date
2023-04-28

More Information

Land Details

Acres Pasture
38
Acres Wooded
120

Workshop Features

Workshop
No

Waterfront Features

Waterfront
No

Showing Requirements

Showing
Appointment Required

Horse Amenities

Horse Amenities
Yes

Documents

Listing Office: Burch Realty Group
Listing Agent: Jason Burch
Source MLS Verified
Last Updated: November - 04 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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