About This Home

This 3-bedroom, 2-bathroom single family at 197 Hwy 331 in Oxford, MS is listed for $385,000 ($244 per sqft). Built in 1940, the home offers 1,577 sqft of living space on a 19.74 acres lot.

Key Features

  • Built in 1940
  • 19.74 acre lot
  • Waterfront

Property Details

2 full
2-car garage
1940

Amenities

WaterfrontA/C
Listing Description

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.

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

197 Hwy 331

Oxford, MS 38655

Property Details

Construction

Vinyl Siding Wood Siding

Cooling

Window Unit(s)

Appliances

W/D Hook Up

Questions & Answers

This 3-bedroom, 2-bathroom single family at 197 Hwy 331 is listed at $385,000 ($244/sqft). The estimated monthly payment is $2,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 19.74 acre lot, Waterfront.

This property is listed by Evans Wells.

EW

Evans Wells

Agent at Cherie Matthews Real Estate

Listed by Cherie Matthews Real Estate · Broker phone: 6622343878 · View on Broker Site · Broker website

MLS# 168779· Source: North Central Mississippi Realtors· 7 days on PropertySimple

Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

197 Hwy 331, Oxford, MS 38655

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