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  • Price cut: $325K (3/27)
    $775,000

    392 Sycamore Rd, Coldwater, MS 38618

    3beds
    2,370sqft
    : 
    Residential, Single Family Residence
    Built in 1999
    50 Acres Lot
    $418,800 Zestimate®
    $327/sqft
    $-- HOA

    What's special

    Exceptional 49± acre property in Independence, MS offering privacy, convenience, and investment potential. Located across from the former Independence High School and minutes from Senatobia, Coldwater, Hernando, and Olive Branch. The 2,370± sq ft cabin-style home features a wraparound porch, screened porch, sunroom, open kitchen/den with beamed ceiling and stone fireplace. Main level includes primary suite, additional bedroom and bath. Upstairs offers bonus/bedroom, full bath, and additional room bedroom (former art room with sink). Outdoor amenities include a custom gunite pool, hot tub, and extensive hardscaping. Property is fenced and cross-fenced with 3 ponds, rolling pasture, red barn, workshop (contents remain with acceptable offer), carport w/storage, garden, chicken coop, and wood shed. Access via shared easement (seller owns on both sides). Portion currently leased for cattle (income potential). Zoned C-C (Community Commercial Mix). Property may be sold as a whole or divided, with approx. 30 acres suitable for residential or commercial use.
    25 days
    |
    941
    |
    49
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 22, 2026 at 03:43pm

    Listed by:

    Riley T Reed 901-487-6861,

    BHHS McLemore & Co Realty 901-701-7555,

    Melissa Reed 901-212-3234

    Source: MLS United,MLS#: 4143195

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Propane
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Built-In Electric Range, Dishwasher, Electric Water Heater, Washer
      Features
      • Beamed Ceilings, Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Primary Downstairs, Storage
      • Has fireplace: Yes
      • Fireplace features: Great Room
      Interior area
      • Total structure area: 2,370
      • Total interior livable area: 2,370 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Carport spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Awning(s), Deck, Enclosed, Front Porch, Glass Enclosed, Patio, Porch, Screened, Side Porch, Wrap Around
      • Exterior features: Awning(s), Private Yard
      • Has private pool: Yes
      • Pool features: Equipment, Gunite, In Ground, Outdoor Pool
      • Spa features: Heated
      • Has view: Yes
      Lot
      • Size: 50 Acres
      • Features: Farm, Many Trees, Views, Wooded
      Details
      • Parcel number: 027260003602

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse
      • Property subtype: Residential, Single Family Residence
      Materials
      • Shake Siding, Stone, Wood Siding
      • Foundation: Combination, Conventional
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Sewer Not Available, Water Connected, Fiber to the House, Propane

      Community & HOA

      Community
      • Subdivision: Metes And Bounds
      Location
      • Region: Coldwater

      Financial & listing details

      • Price per square foot: $327/sqft
      • Tax assessed value: $112,219
      • Annual tax amount: $456
      • Date on market: 3/21/2026
      • Electric utility on property: Yes
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        Estimated market value

        $418,800

        $394,000 - $440,000

        $1,658/mo

        Price history

        Price history
        DateEventPrice
        3/27/2026Price change$450,000-41.9%$190/sqft
        Source: MLS United #4143723 Report a problem
        3/21/2026Listed for sale$775,000+40.9%$327/sqft
        Source: MLS United #4143195 Report a problem
        8/6/2025Sold--
        Source: MLS United #4103273 Report a problem
        7/21/2025Pending sale$550,000$232/sqft
        Source: MLS United #4103273 Report a problem
        6/26/2025Price change$550,000-8.2%$232/sqft
        Source: MLS United #4103273 Report a problem
        6/24/2025Price change$599,000-9.2%$253/sqft
        Source: MLS United #4103273 Report a problem
        4/25/2025Price change$659,900-3.7%$278/sqft
        Source: MLS United #4103273 Report a problem
        2/7/2025Listed for sale$685,000$289/sqft
        Source: MLS United #4103273 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$502 +1.6%$11,222
        2023$494 +0.5%$11,222
        2022$491 -3.6%$11,222
        2021$509 -71%$11,222 -3.3%
        2020$1,755 +180.3%$11,605
        2018$626 $11,605
        2017$626 $11,605 +2.7%
        2016-- $11,298
        2015-- $11,298
        2014-- $11,298
        2013-- $11,298 +2.9%
        2012-- $10,980
        2011-- $10,980
        2010-- $10,980

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,494/mo
        Principal & interest
        $3997
        Property taxes
        $497
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          Climate risks

          Neighborhood: Independence

          Getting around

          8 / 100
          Car-Dependent
          15 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: East Tate
          • Middle: Independence
          • High: Independence

          Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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