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473 Olive Branch Way, Oxford, MS, 38655

4beds
4baths
1,850sqft
$489,900
$265price/sqft
$3,099/moest. monthly cost
$123,960/yrincome needed

About This Home

473 Olive Branch Way!! CURRENT LEASE UP JULY 16, 2026!! This is an end unit. An attached 4BR/4BA condo located in Rowandale, a highly desirable location within the the city of Oxford & proximity to the Oxford Square and Ole Miss! This unit is perfect for student living but also makes it a great opportunity for short-term rentals. There are no rent restrictions in Rowandale! This condo comes with all appliances including washer/dryer and has no carpet-all Lvt. The condo offers spacious bedrooms (with one on the main level), each with private bath access, which makes it an ideal investment. Enjoy low-maintenance living with great resort-like community amenities, including pools and pickleball courts. Move-in ready condo—don't miss this opportunity! Come take a look and lets sit on the balcony & talk about an offer! Amenities include 2 pools, walking trails, dog parks, a beautiful club house with game room, volleyball and basketball courts.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

7/10
9/10
Oxford High SchoolGrades 9-121.9 mi
8/10
Oxford Elementary SchoolGrades 4-51.5 mi

Construction

Condition

  • Year built: 2013

Materials

  • Foundation: Slab
  • Roof: Architectural
  • Construction materials: Brick,HardiPlank Type

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse/Condo

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Dryer,Electric Range,Refrigerator,Washer,Vented Exhaust Fan,Electric Water Heater

Bedroom

  • Level: Main

Bedrooms & Bathrooms

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

Cooling

  • Cooling features: Electric

Features

  • Granite Counters,Ceiling Fan(s)
  • Window features: Vinyl
  • Flooring: Ceramic Tile

Interior Area

  • Total structure area: 1,850
  • Total interior livable area: 1,850 sqft

Property

Details

  • Parcel number: 135C1614800
  • Attached to another structure: Yes
  • Zoning description: SUBDIVISION COVENANT

Features

  • Pool features: In Ground
  • Patio & porch: Porch

Lot

  • Lot size: 1,306 sqft

Parking

  • Total spaces: 2
  • Parking features: 2 Car Garage,Attached,Paved
  • 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
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Earthquake
Heat Wave
Strong Wind

FEMA Declared Disasters in Lafayette 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 $2,477$29,724
Home Insurance *$218$2,616
Property Taxes $212$2,544
Electricity $192$2,304
Total$3,099$37,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,251/yr
40% on housing$92,970/yr
45% on housing$82,640/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: 3.8%
3.8%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 38655$255
Lafayette County$252

vs Homes Sold Last Month

Median $/sqft

ZIP 38655$246
Lafayette County$224

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
2026-04-23Price change$499,900
2026-03-05Listed for sale$559,000
2026-02-07Listed for rent$4,750
2023-02-20Listing removed--
2023-02-14Pending sale$350,000
2023-02-14Listed for sale$350,000

For Sale by Agent

AgentApril White
BrokerageRight-Way Realty

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