Acreage, Barn, Fireplace
1968 Centreville House on 17 Acres In-Town, Barn, Guest Apt — $149,900
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | 17.45 acres in-town, 3154 sqft, 5/4, guest apt, barn, two fireplaces, outdoor kitchen |
| Condition | 25% | 5 | "A little hard work" language signals cosmetic-to-moderate work needed; no system dates given |
| Price / Sq Ft | 15% | 8 | Listing $48/sqft vs zip median ~$78/sqft (thin, 5 comps) — ~38% below median |
| Price vs. Market | 5% | 5 | Zip median $625K is acreage/land-skewed; not a comparable-home benchmark |
| Market Conditions | 5% | 5 | DOM 187 days vs zip median 6 — stale; 120.2% sale-to-list reflects land sales, not comps |
Seventeen and a half acres inside town limits. That is the thing to sit with for a moment. Most properties this size are rural, with the tradeoffs that come with it: long drives, no services nearby, isolated when something breaks. This one is in Centreville proper, which means you get the land without giving up the infrastructure. That combination, at this price, is hard to find.
The house itself is 3,154 square feet, five bedrooms, four baths, built in 1968. There is a guest apartment, which is genuinely useful whether you have family who visits often, need a space for someone helping on the property, or want to offset costs with a long-term tenant. Two fireplaces. A large den. An extra room upstairs that works as an office or a flex space depending on what you need. The outdoor kitchen and the barn round out a setup that actually functions as a small property rather than just a large yard.
A generator comes with the house, which matters more in Mississippi than in a lot of places.
The condition language in the listing is honest in the way agent descriptions rarely are. "A little hard work" is the phrasing, and you should read that as cosmetic-to-moderate work throughout. No system ages are disclosed, which means the first thing you do before closing is find out when the roof, HVAC, and electrical were last touched. The house has been on the market for 187 days. Some of that is the thin market in this zip code, but some of it is probably the work the place needs. Budget accordingly.
At $48 per square foot, the house alone is priced roughly 38 percent below the zip median, and that median is skewed upward by land sales. So the comparison already favors the buyer. What you are paying for here is effectively the property as a whole: the acreage, the guest unit, the barn, the outdoor kitchen, and a five-bedroom house that needs attention but has the size and the bones to justify it.
Seventeen acres inside a town, a barn, a guest apartment, and room for five people to spread out. If you have the budget and the stomach for a project, this is a lot of property for $149,900.
