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131 Landrum Rd, Ovett, MS, 39464

4beds
4baths
3,914sqft
$529,000
$135price/sqft
$3,552/moest. monthly cost
$142,080/yrincome needed

About This Home

Rare opportunity in the heart of the national forest. This 4 bd/4bth home on nearly 9 acres offers privacy and charm nestled within the Desoto National Forest. Featuring an open floor plan with brick floors, this home is perfect for entertaining and everyday living. Enjoy incredible outdoor spaces including a 20x 40 pool, outdoor kitchen and a covered fire pit with swings-ideal for relaxing or hosting gatherings. The property also includes a 2bd/1bth guest house, barn, and fenced acreage for livestock. This home presents a great opportunity for updates and personal touches to make it your own. A unique country retreat with space, privacy and endless potential. For those seeking additional acreage, 58.55 adjoining acres are available for purchase, offering excellent potential for expansion, farming or investment. Call Melissa Walters at 601-498-4839 for an appointment. Seller is a licensed real estate agent with Laurel Hometown Realty.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

5/10
Glade Elementary SchoolGrades PK-66.1 mi
5/10

Construction

Condition

  • Property condition: Good
  • Year built: 1967

Materials

  • Foundation: Slab
  • Roof: Metal,Architectural
  • Construction materials: Brick Veneer,Sheetrock

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Refrigerator,Self Cleaning Oven,Wine Cooler,Electric Water Heater
  • Laundry features: Utility Room Floor(Brick),Utility Room Wall(Sheetrock)

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Walk-in Closet(s),Wet Bar,Ceiling Height(8)
  • Flooring: Tile,None,Brick
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 3,914
  • Total interior livable area: 3,914 sqft

Property

Details

  • Parcel number: 081120002000

Features

  • Levels: One
  • Private pool: Yes
  • Patio & porch: Patio,Brick,Concrete
  • Fencing: Wood,Partial
  • Horses can be raised: Yes

Lot

  • Lot size: 8.90 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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Cold Wave
Hail
Hurricane
Heat Wave
Winter Weather

FEMA Declared Disasters in Jones 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 $2,674$32,088
Home Insurance *$207$2,484
Property Taxes $308$3,696
Electricity $363$4,367
Total$3,552$42,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,782/yr
40% on housing$106,560/yr
45% on housing$94,720/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: 5.7%
5.7%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -8.5%
-8.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 39464$176
Jones County$114

vs Homes Sold Last Month

Median $/sqft

ZIP 39464
Jones County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Price change$550,000
2026-05-05Listed for sale$309,000

For Sale by Agent

AgentMelissa Walters
BrokerageLaurel Hometown Realty LLC

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