# 197 Hwy 331, Oxford, MS 38655

> **TL;DR:** 3bd/2ba single family, $385,000 ($244/sqft), built 1940, 1,577 sqft.
> Waterfront, A/C, 2-car garage. Est. $2,059/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $385,000 |
| Price/sqft | $244 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,577 |
| Year Built | 1940 |
| Lot Size | 859,874 sqft (19.74 acres) |
| Garage | 2-car |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 9 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,947 |
| Estimated Insurance | $112 |
| **Total** | **$2,059** |

## Key Amenities

- Waterfront
- A/C
- 2-car garage

## Property Highlights

- Built in 1940
- 19.74 acre lot
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 197 Hwy 331, Oxford, MS 38655
- **County:** LAFAYETTE
- **Coordinates:** 34.241645, -89.3573651
- **Google Maps:** https://www.google.com/maps?q=34.241645,-89.3573651

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/197-Hwy-331-Oxford-MS-38655/unbranded

## Listing Agent

- **Name:** Evans Wells
- **Brokerage:** Cherie Matthews Real Estate
- **Broker Phone:** 6622343878
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/197-Highway-331_Oxford_MS_38655_M70276-07128?f=listhub&s=NCMRMS&m=168779&c=propsimple)

## Photos

![197 Hwy 331 - Photo 1](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f1948456677r.jpg)

![197 Hwy 331 - Photo 2](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f1423451063r.jpg)

![197 Hwy 331 - Photo 3](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3174506550r.jpg)

![197 Hwy 331 - Photo 4](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f785295774r.jpg)

![197 Hwy 331 - Photo 5](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f526725665r.jpg)

![197 Hwy 331 - Photo 6](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3818980657r.jpg)

![197 Hwy 331 - Photo 7](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3969847362r.jpg)

![197 Hwy 331 - Photo 8](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f1833221772r.jpg)

![197 Hwy 331 - Photo 9](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f1064583321r.jpg)

![197 Hwy 331 - Photo 10](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3697606084r.jpg)

![197 Hwy 331 - Photo 11](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f168793525r.jpg)

![197 Hwy 331 - Photo 12](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f80982624r.jpg)

![197 Hwy 331 - Photo 13](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f570171777r.jpg)

![197 Hwy 331 - Photo 14](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f435697993r.jpg)

![197 Hwy 331 - Photo 15](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f44989629r.jpg)

![197 Hwy 331 - Photo 16](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f2702764269r.jpg)

![197 Hwy 331 - Photo 17](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3032552141r.jpg)

![197 Hwy 331 - Photo 18](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3521927810r.jpg)

![197 Hwy 331 - Photo 19](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f1757837411r.jpg)

![197 Hwy 331 - Photo 20](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f129871653r.jpg)

![197 Hwy 331 - Photo 21](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f2618847393r.jpg)

![197 Hwy 331 - Photo 22](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f3849334087r.jpg)

![197 Hwy 331 - Photo 23](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f569218876r.jpg)

![197 Hwy 331 - Photo 24](http://lh.rdcpix.com/c1e648c371edadbdccbea34e91b8f163l-f2946363284r.jpg)

---

**MLS#:** 168779 | **Updated:** 2026-10-27
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/197-hwy-331-oxford-ms-38655-69425956999d47cdb511f0f97ff7c12b)

---

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