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2.00 ACRES IN PANOLA COUNTY, MS

See Property Details Below

Located outside of the Town of Oxford not far from Sardis Lake and the Holly Springs National Forest, this lot sits in the Mississippi countryside. Home to friendly neighbors, a low cost of living and a mild climate, the lot is also near prime hunting and fishing lands.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

The lot has direct access via Quail Run Drive.

The property is about 10 minutes to Sardis Lake, 1 hour and 15 minutes to Memphis, and 1 hour and 5 minutes to Holly Springs National Forest. There are many recreational opportunities in the area, including fishing and huntinghiking and camping.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist

In Panola County, a lot is buildable as long as you have a minimum of an acre in order to install a septic system. There are many homes in the surrounding area and the lot is restricted for residential use.

CASH DISCOUNT PURCHASE PRICE $6,499 + $395 DOCUMENT FEE

We accept personal checks, cashier’s checks, money orders and Zelle.

SELLER FINANCING AVAILABLE

$520 down with a $299 document fee and $399 per month for 27 months at 0% APR. No prepayment penalty. No credit checks. 

TITLE AND USE

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

ABOUT PANOLA COUNTY

According to the Panola Partnership, “Panola County is a great place to live and work. There is a strong sense of community in our towns, with friendly neighbors, lots of things to do, community events, and a low cost of living.

With our proximity to Memphis, a night out in the big city or a flight to your business meeting is only a short drive away.

Panola County’s economy flourishes through a strong industrial base and an ever-growing retail group.

If you are looking for a place with a tight-knit community, a convenient location for travel and events, and that touch of Southern charm, contact us for more information.”

LOT DETAILS

APN: 1115 2100000   0000614

GPS Coordinates: 34.370588664461,-89.7277315820538; 34.3705936832945,-89.7277520212756; 34.3705633722487,-89.7277529732655; 34.3704444682893,-89.7278103352413; 34.3702420953753,-89.7279169791908; 34.3699753039871,-89.7280853115005; 34.3699699842976,-89.7280434002489; 34.3697883123844,-89.7266152009957; 34.3703115467855,-89.7266030213224; 34.370588664461,-89.7277315820538 

 TAXES ARE PAID AND CURRENT

Annual taxes are $97.33. Taxes have been paid through 2018 and no back taxes are owed.

“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul

FREQUENTLY ASKED QUESTIONS

Are there any improvements on the lot? No, the lot is vacant. 

What utilities are available?  Water and sewer would likely need to be a well and septic system. 

Can you build on the property? Yes, you should be able to build on this property. Please contact Panola County for more information on obtaining a building permit. 

What kind of deed will I receive? You will a receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur

FINAL NOTE

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!

“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

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