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Land Near Hernando Square
For Sale
$250,000

5163 S Hwy 51 lot 11, Hernando, MS 38632

LAND - Hernando, MS

Property SizeContact for details
Lot Size7.85 Acres
Days on Market1018

Property Features for 5163 S Hwy 51 lot 11

General Information

Property type Land
Property subtype Other
Subdivision Metes And Bounds
Lot features Wooded, Wooded
Elementary school Hernando
Middle school Hernando
High school Hernando
Directions South on Hwy 51 from Oak Grove Road. Property on the right, just before Sterlin Lane.
Standard status Active
Lot size 7.85 Acres

Taxes and HOA fees

Tax Description 7.85 Acres Desoto County NE Quarter sec 36 T3S R8W
Legal Description 7.85 Acres Desoto County NE Quarter sec 36 T3S R8W

Utilities

Utilities Water Available
Sewer type Septic Needed
Water source Public
Listing Agency: Crye-Leike Of MS-SH
Listed By: Christy M Webster · License #S-49623
Added: Oct 30, 2023 Changed: Jul 24 Last Checked: Aug 12 at 2:06PM
MLS# 4062849

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7.85-acre land parcel is located approximately 3.5 miles south of the Hernando Square. Owner financing is available with a $6,000 down payment and 5% interest. The property offers a peaceful environment with convenient access to amenities. Belmont water services are upcoming. The property is within the Hernando school district and subject to county taxes. Lots 10, 11, and 13 will share a driveway entrance. This lot is subject to county approval for subdivision due to being less than 10 acres.

Key Highlights

  • Owner financing available with $6000 down and 5% interest.
  • Located just 3.5 miles South of the Hernando Square.
  • Large tracts offering peace and quiet.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Garden Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 38632, MS

29,210
Population
12,073
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
162.3 sq mi
ZIP Area
180
Density / Sq Mi
$90,277
Median Household Income
$53,275
Median Earnings
$1,203
Median Rent
$287,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.85 acres of land, convenient location, owner financing available.
Where is this residential land & home lot located?
The property is located at 5163 S Hwy 51 lot 11 Hernando, MS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Owner financing available with $6000 down and 5% interest.; Located just 3.5 miles South of the Hernando Square.; Large tracts offering peace and quiet.
More about this property
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