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506 First Oak, Brandon, MS, 39047

4beds
3baths
2,889sqft
$640,000
$222price/sqft
$4,259/moest. monthly cost
$170,360/yrincome needed

About This Home

Welcome to 506 First Oak, a stunning new construction home located in the highly desirable Fallen Oak subdivision off Hwy 25 in Brandon. Nestled on 1.5 acres, this exceptional property offers the perfect balance of luxury, privacy, and convenience. Enjoy year-round entertaining with both indoor and outdoor fireplaces, creating the perfect atmosphere for gatherings with family and friends. From the quality craftsmanship to the carefully selected finishes, every detail has been considered. One of the most exciting features of this home is that there is still time to personalize many of the final selections. Work directly with the interior designer to customize finishes and create a space that reflects your style and preferences. Located in the sought-after Oakdale Elementary, Northwest Rankin Middle, and Northwest Rankin High School districts, this property offers the best of country living while remaining just 14 minutes from shopping, dining, and everyday conveniences. Being outside the city limits provides the added benefit of lower property taxes, and USDA financing eligibility means qualified buyers may qualify for 100% financing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

9/10
Oakdale Elementary SchoolGrades PK-54.7 mi
7/10
8/10

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Post-Tension
  • Roof: Architectural Shingles
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Microwave,Oven,Self Cleaning Oven,Tankless Water Heater

Bedrooms & Bathrooms

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

Features

  • Soaking Tub,Double Vanity
  • Window features: Double Pane Windows
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,889
  • Total interior livable area: 2,889 sqft

Property

Details

  • Parcel number: Unassigned

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch
  • Exterior features: None
  • Waterfront features: None

Lot

  • Lot size: 1.50 Acres
  • Features: Cul-De-Sac

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Rankin 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 $3,236$38,832
Home Insurance *$446$5,352
Property Taxes $309$3,708
Electricity $268$3,223
Total$4,259$51,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,022/yr
40% on housing$127,770/yr
45% on housing$113,573/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 39047$163
Rankin County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 39047$157
Rankin County$160

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
2026-08-01Listed for sale$640,000

New Construction

AgentVictoria Prowant
BrokerageSouthern Homes Real Estate

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