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117 County Road 506, Shannon, MS, 38868

3beds
2baths
1,600sqft
$129,000
$81price/sqft
$1,002/moest. monthly cost
$40,080/yrincome needed

About This Home

Conveniently located off the Natchez Trace in the Pontocola community. This well built home offers 3 Bedrooms and two full bathrooms. Step into the living room that has a large picture window in the front so you have lots of natural light, original hardwood floors. Spacious kitchen with a dining area. The primary bedroom is oversized so you have lots of space. Primary bathroom offers a walk-in shower. The guest bathroom has a shower. It has a single carport, front porch, back patio fence backyard. All on 1.08 acres! New septic and water heater in 2025, New roof and insulation in 2014.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

4/10
6/10
South Pontotoc High SchoolGrades 9-1215.6 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Marble Counters
  • Finished area below ground: 0
  • Finished area above ground: 1,600

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 1,600 sqft

Property

Details

  • Parcel number: 13300700900
  • Zoning description: Residential

Features

  • Stories: 1

Lot

  • Lot size: 1.08 Acres
  • Lot size dimensions: 1.08

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Strong Wind
Tornado
Hail

FEMA Declared Disasters in Pontotoc 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 $652$7,824
Home Insurance *$105$1,260
Property Taxes $53$636
Electricity $192$2,304
Total$1,002$12,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,354/yr
40% on housing$30,060/yr
45% on housing$26,720/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -5.5%
-5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 38868$109
Pontotoc County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 38868$132
Pontotoc County$175

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
2026-03-27Listed for sale$145,000

For Sale by Agent

AgentCindy Black
BrokerageCOLDWELL BANKER SOUTHERN REAL ESTATE

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