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3198 Magnolia Leaf Cv, Hernando, MS, 38632

4beds
3baths
2,325sqft
$357,000
$154price/sqft
$2,381/moest. monthly cost
$95,240/yrincome needed

About This Home

Welcome to this beautiful and spacious home located in Hernando! Built just 5 years ago, this up-to-date home offers modern finishes, flexible living space, and a highly desirable location on a quiet dead-end street! Inside, you'll love the open and inviting layout featuring granite countertops, laminate wood flooring, and quality finishes throughout. The home is listed as a 4 bedroom, but the flexible floorplan could easily function as a 3 bedroom plus bonus room, office, or playroom to fit your needs! The spacious primary suite is designed for comfort with his-and-hers bathroom vanities, a large walk-in closet, a relaxing jacuzzi tub, and an impressive tile/double walk-in shower! All bathrooms feature upgraded tile tub surrounds for a polished and modern look! If you're looking for a newer home with space, style, and a great location in Hernando, this one checks all the boxes! Welcome to this beautiful and spacious home located in one of the most popular areas of Desoto county!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

9/10
Hernando Middle SchoolGrades 6-81.4 mi
9/10
Hernando High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Move In Ready
  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Brick Veneer,Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Microwave,Water Heater
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Granite Counters,Kitchen Island,Open Floorplan,Pantry,Primary Downstairs,Walk-In Closet(s),Double Vanity
  • Window features: Blinds
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Multi Units

Interior Area

  • Total structure area: 2,325
  • Total interior livable area: 2,325 sqft

Property

Details

  • Parcel number: 3074190900015700
  • Zoning description: General Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Exterior features: Rain Gutters
  • Fencing: None

Lot

  • Lot size: 10,454 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Tornado
Earthquake
Strong Wind

FEMA Declared Disasters in DeSoto 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 $1,805$21,660
Home Insurance *$203$2,436
Property Taxes $157$1,884
Electricity $216$2,594
Total$2,381$28,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,634/yr
40% on housing$71,430/yr
45% on housing$63,493/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: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 38632$161
DeSoto County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 38632$163
DeSoto County$163

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)

Price History

DateEventPrice
2026-08-18Price change$352,900
2026-08-10Price change$355,000
2026-08-01Price change$357,000
2026-07-22Price change$359,000
2026-07-15Price change$362,000
2026-07-09Price change$364,000
2026-06-29Price change$369,000
2026-05-21Listed for sale$375,000
2021-12-13Sold--
2021-11-02Pending sale$323,900
2021-10-28Listed for sale$323,900

For Sale by Agent

AgentChristopher N Hayes
BrokerageMuddy Waters Realty, Llc

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