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1513 L R L Road, Senatobia, MS 38668

Metes And Bounds · Tate County

Key Facts

3Beds
1Baths
1,065Sq Ft
1986Year Built
1.50Lot (acres)

Description

Investor Special! This 3-bedroom, 1-bathroom single-family home built in 1986 situated on a rare, expansive 1.5-acre lot. Offered completely in "as-is" condition, this property is not move-in ready, making it the absolute perfect opportunity for investors, fliippers or portfolio landlords looking to add major value.Step inside to find a solid structural footprint featuring a classic layout with three dedicated bedrooms and a full bathroom. The home requires full cosmetic updates, mechanical overhauls, and modern finishes throughout, giving you total creative control over the final design. Capitalize on the strong local demand for updated resale homes by executing your own custom vision.The true crown jewel of this property is the sprawling 1.5-acre lot. The massive acreage provides endless possibilities, from adding a large detached garage or workshop to building an accessory dwelling unit (ADU), expanding the existing footprint, or simply creating a private backyard oasis. Situated in a convenient location with easy access to major transit, local amenities, and employment hubs, this flip property promises a rewarding return on investment. Bring your contractor, your vision, and your highest offers—this diamond in the rough will not last long! Bring all offers!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Structure Type

House

Year Built

1986

Living Area

1,065 sq ft

Lot Size

1.50 acres

Lot Dimensions

172' x 374'

Days on Market

9

MLS® Listing#

4155765

Property Features

Exterior

None

Appliances

Electric Range

Cooling

Wall/Window Unit(s)Window Unit(s)

Heating

Space Heater

Parking

CarportGravel

Laundry

Laundry Room

Fencing

None

Lot Features

Corner LotFew TreesLevel

Construction

Brick

Foundation

Slab

Roof

Shingle

Utilities

Cable AvailableElectricity Connected

Sewer

Septic Tank

Water Source

Well

Schools

Elementary:
Senatobia
Middle:
Senatobia Middle School
High:
Senatobia
District:
Senatobia Municipal Dist

Financial Details

Annual Taxes

$831

Tax year 2025

Parcel Number

161120001109

Directions

Take South Senatobia Exit 263 onto MS-740 Right towards Hwy 51, turn left onto Hwy 51 go South .4 mile. First intersection is LRL road turn right (west) drive 1.5 mile you will see the property on your left.

Affordability Calculator

$25,980

Estimated monthly payment

$691/mo

Principal $103,920 · Est. interest $144,978 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Senatobia, MS

$288,000
Median Listing Price
39
Median Days on Market
1,902
Median Sq Ft
$159
Median Price / Sq Ft
34
Active Listings
  • This home’s price is 55% below the area median.
  • Its price per sq ft is 23% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Senatobia, MS.

Location

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Points of Interest in Senatobia, MS

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
461 Cypress Corner Road, Senatobia, MS$149,900321,820

Moving Cost Estimate

EXIT Agents in Senatobia

Listing Courtesy: Sweet Home Realty Group - 901-413-0563

Presented by: Faheem Khan

IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MLS United. MLS® Listing#4155765. © 2026EXIT Realty®. All rights reserved.