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603 Launcelot Rd, Jackson, MS, 39206

2beds
1baths
780sqft
$49,900
$64price/sqft
$564/moest. monthly cost
$22,560/yrincome needed

About This Home

Being sold AS IS, this charming single-story 3-bedroom, 1-bath home is located in established North Jackson within the 39206 area. Built in 1950, this residence offers approximately 780 heated sq ft with a functional and traditional floor plan. The home features a spacious living area with a fireplace, comfortable bedrooms, and a layout suitable for a variety of needs. Situated on a residential lot, the property provides a manageable yard in a convenient location. Close to local schools, shopping, dining, and major commuter routes, this home offers easy access to the greater Jackson metro area.

Getting Around

24
WalkingCar-Dependent
24
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

2/10
Boyd Elementary SchoolGrades K-50.5 mi
7/10
Bailey Middle APACGrades 6-82.6 mi
7/10
Murrah High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1951

Materials

  • Foundation: Conventional
  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Wood Frames
  • Flooring: Wood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 780
  • Total interior livable area: 780 sqft

Property

Details

  • Parcel number: 04320307000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Private Yard
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 9,147 sqft
  • Features: Few Trees,Level

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Tornado
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Hinds County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $252$3,024
Home Insurance *$91$1,092
Property Taxes $29$348
Electricity $192$2,304
Total$564$6,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,337/yr
40% on housing$16,920/yr
45% on housing$15,040/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 39206$70
Hinds County$93

vs Homes Sold Last Month

Median $/sqft

ZIP 39206$91
Hinds County$86

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-29Listed for sale$54,900
2014-03-24Sold--
2014-02-12Pending sale$24,900
2014-01-26Listed for sale$24,900

For Sale by Agent

AgentRoderick Ward
BrokerageTrelora Realty, Inc

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