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Norfolk Landing Rd, Lake Cormorant, MS, 38641

--beds
0baths
--sqft
$599,000
--price/sqft
$3,938/moest. monthly cost
$157,520/yrincome needed

About This Home

Cow Island Hunt Club, INC., was formed in the early 1980s and is a premier Mississippi River Bottom club featuring approximately 3,000 acres along the Tennessee–Mississippi border. In fact, 400A± acres sit in Shelby County, Tennessee, and the remaining 2,600A± acres are in DeSoto County, Mississippi. The property offers outstanding year-round recreational opportunities for hunting and fishing in both states. Cow Island is widely recognized for its trophy whitetail deer hunting, abundant turkey populations, and excellent small game hunting. Two lakes provide great fishing and seasonal waterfowl opportunities. As you enter the gated property off the Mississippi River levee, you'll wind along a 1.25A± mile gravel drive to a secluded camp area near the middle of the property. A 1,550A± square foot common camp features an open kitchen/living room with a fireplace, three bedrooms, two bathrooms, big porches, and a locker room underneath for all your hunting supplies. The elevated camp was renovated in 2011 and sleeps sixteen. Outside, you will find a covered shed for your side-by-side and an equipment yard for all the tractors and implements. The property features miles of interior roads, well-managed food plots, and numerous strategically placed club stands. Multiple boat launch sites provide convenient access to the lakes for fishing. A full-time caretaker lives off-site and manages the daily maintenance and operations of the property. The location is convenient to North Mississippi and the Memphis, TN, metro area. Cow Island Hunt Club, INC., offers a combination of exceptional hunting, well-maintained amenities, and strong land and wildlife management, making it a desirable club in the Mississippi River Bottom. Contact Michael Oswalt or today to schedule your private tour of Cow Island. Location: Norfolk Landing Road Lake Cormorant, MS 38641 DeSoto County, MS Shelby County, TN Mississippi River Bottom Convenient to North Mississippi and the Memphis, TN Metro Area Bass Landing 1A± Mile South (Mississippi River Access) Coordinates: 34.9771, 90.2588 Property Use: Recreational Hunting Weekend Getaway Club Information: 3,000A± Acres 2,752.1A± Acres Owned Remaining Acreage Leased from the Levee Board Mississippi River Bottom 2,600A± Acres in MS 400A± Acres in TN 15 Total Shares Currently Owned by 13 Members Annual Dues $9,000 (Paid Quarterly) No Club Debt 1,550A± SqFt Common Camp House (Sleeps 16) Skinning Shed Area w/Walk-In Cooler Shed for Equipment Shooting Range Great Fishing in the 2 Private Lakes Trophy Whitetail, Turkey, Hogs, Doves, & Small Game Duck Hunting Opportunities Depending on River Levels Numerous Wildlife Plots Planted Each Summer & Fall 15+ Shooting Houses & 50A± Ladder Stands in Place Land Diversity – Mature Timber, Select Cut Areas, Sloughs, Fields, Sandbar, & Lakes 150A± Acres Crop Land Planted Annually 3.8A± Miles of Mississippi River Frontage Miles of Interior Roads Full-Time Caretaker: Roger Bolden Club Biologist: Chris McDonald Family Friendly Camp Membership Subject to Approval of Club

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

3/10
7/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 3,000 Acres

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
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Drought
Earthquake
Lightning
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 $3,028$36,336
Home Insurance *$454$5,448
Property Taxes $264$3,168
Electricity $192$2,304
Total$3,938$47,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,017/yr
40% on housing$118,140/yr
45% on housing$105,013/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
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Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
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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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 38641$147
DeSoto County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 38641$167
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)

No zestimate history available

Price History

DateEventPrice
2025-09-11Listed for sale$599,000

For Sale by Agent

AgentMichael Oswalt, ALC
BrokerageSmallTown Properties

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