7995 Austin Rd, Lake Cormorant, MS 38641

Located within the Walls city limits, this long-ago dairy farm offers a rare blend of open land, water, and proximity to some of the fastest-growing development in DeSoto County. The property features flat pasture, a ±4 acre lake, and approximately 700' frontage along Austin Road, creating flexibility for a private estate or future residential development. Surrounding the property are a mix of well-established homes and newer, high-quality construction, reflecting the area’s steady growth and strong buyer demand. The county has built a new high school and is undergoing major infrastructure investment, including the recently announced Elon Musk data center, underscoring the long-term upside of the location. Adding to its appeal, the nearby Johnson Creek Greenway provides convenient access for walking, biking, and jogging, an increasingly sought-after amenity for both homeowners and developers. The open layout allows for multiple build sites, thoughtful subdivision potential, or the creation of a large estate, all while remaining close to schools, shopping, and employment centers. With its combination of acreage, a sizeable lake, road frontage, and position in a rapidly expanding area, this Austin Road property represents an exceptional opportunity to invest in the future of Walls. Also available is a 17+/- acre parcel adjacent to the west, and a 37+/- acre tract on the other side of Baldwin Road.