For sale

$385,000

197 Highway 331, Oxford, MS 38655

3beds

1,577sqft

$2,667/mo

Get pre-qualified

Residential

Built in 1940

19.74 Acres Lot

$-- Zestimate^®

$244/sqft

$-- HOA

What's special

Beautiful wooded setting

Discover the potential of this unique property featuring a 1940s farmhouse situated on nearly 20 acres in Oxford, MS. The property offers a beautiful wooded setting, extensive road frontage along Highway 331, and an approximately 2 acre lake. The existing home needs work but presents an excellent opportunity for renovation and restoration. Whether you envision a private country retreat, recreational property, or future homesite, this property offers endless possibilities. Property is being sold AS IS.

12 days
862
74

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater
Laundry: W/D Hook Up

Features

Windows: Aluminum Frames, Wood Frames
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 1,577
Total interior livable area: 1,577 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Car Garage, Detached, Circular Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Deck, Porch
Pool features: None
On waterfront: Yes

Lot

Size: 19.74 Acres

Details

Parcel number: 2210100600
Zoning: A-2
Zoning description: LAFAYETTE

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Vinyl Siding, Wood Siding
Foundation: Crawl Space
Roof: Architectural

Condition

Year built: 1940

Utilities & green energy

Sewer: Other
Water: Community System

Community & HOA

Community

Subdivision: None

Location

Region: Oxford

Financial & listing details

Price per square foot: $244/sqft
Tax assessed value: $66,380
Annual tax amount: $1,047
Date on market: 10/23/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/23/2026	Listed for sale	$385,000+37.7%$244/sqft
Source: NCMBR #168779 Report a problem
5/17/2023	Listing removed	--
Source: NCMBR #152439 Report a problem
5/3/2023	Pending sale	$279,500$177/sqft
Source: NCMBR #152439 Report a problem
4/12/2023	Price change	$279,500-6.7%$177/sqft
Source: NCMBR #152439 Report a problem
4/1/2023	Listed for sale	$299,500$190/sqft
Source: NCMBR #152439 Report a problem
4/13/1994	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,047 +37.2%	$9,958 +42.1%
2024	$763 +1.7%	$7,009 -0.2%
2023	$751	$7,024 +45%
2022	--	$4,845 -0.4%
2021	--	$4,863 -4%
2020	--	$5,067 -0.3%
2017	--	$5,084 +6.5%
2016	--	$4,775 +0.5%
2015	--	$4,752 +0.8%
2014	--	$4,713 +1.2%
2013	--	$4,655 +2.2%
2012	--	$4,553 -1%
2011	--	$4,599 -1.1%
2010	--	$4,650 -1.2%
2009	--	$4,707 -1.8%
2008	--	$4,793 -1.4%
2007	--	$4,863 +0.6%
2006	--	$4,833 -0.4%
2005	--	$4,854