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123 Malone Rd S, Hernando, MS, 38632

4beds
3baths
3,173sqft
$465,000
$147price/sqft
$3,116/moest. monthly cost
$124,640/yrincome needed

About This Home

Location, location, location! Located near the corner of Malone Rd S and Byhalia Rd. Just minutes from the town of Hernando, Southaven and Olive Branch. Near I-269 so it's an easy commute to anywhere. This 4 bedroom 2.5 bath home is ready for it's next owner. Everything on one level with lots of living space including a formal living room, large dining room, great room with fireplace along with a sunroom/additional living room on the back of the home that opens to the fence courtyard in the back yard. Nice sized kitchen with ample cabinets and counter space along with a breakfast area and large laundry room. The lot is mostly level and would be easy to add a shop, barn or whatever else you'd like!

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

9/10
Hernando Middle SchoolGrades 6-83.7 mi
9/10
Hernando High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Slab
  • Roof: Architectural
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Double Oven,Electric Range,Other,Water Heater
  • Laundry features: W/D Hook Up

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Electric

Features

  • Walk-In Closet(s),Granite Counters,Ceiling Fan(s)
  • Window features: Screens

Interior Area

  • Total structure area: 3,173
  • Total interior livable area: 3,173 sqft

Property

Details

  • Parcel number: 3072030000000100
  • Zoning description: OTHER

Features

  • Pool features: None

Lot

  • Lot size: 2.25 Acres

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning
Earthquake
Inland Flooding
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 $2,351$28,212
Home Insurance *$265$3,180
Property Taxes $205$2,460
Electricity $295$3,540
Total$3,116$37,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,834/yr
40% on housing$93,480/yr
45% on housing$83,093/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

$147This 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
2026-08-13Price change$445,000
2026-07-16Listed for sale$465,000

For Sale by Agent

AgentClint Bolton
BrokerageRE/Max Realty Group

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