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.
Lot/land
$474,350
7995 Austin Rd, Lake Cormorant, MS 38641
0beds
0baths
27Acres
Unimproved Land
Built in ----
27 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flat pasture
- 7 days |
- 42 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: 11 hours ago
Listed by:
Louis Holbrook 901-355-2988,
National Land Realty, Robinsonville, MS 855-384-5263
Source: My State MLS,MLS#: 11642558
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Lot
- Size: 27 Acres
Details
- Parcel number: 2096140000000500
- Lease amount: $0
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Cormorant
Financial & listing details
- Tax assessed value: $132,925
- Annual tax amount: $2,826
- Date on market: 2/5/2026
- Date available: 01/09/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$1,572/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Listed for sale | $474,350 |
Source: My State MLS #11642558 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,826 +0.9% | $19,939 +2.5% |
| 2023 | $2,800 -56.5% | $19,451 -57.2% |
| 2022 | $6,435 -0.5% | $45,403 -1.9% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 38641
Nearby schools
GreatSchools rating
- 6/10Lake Cormorant Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 3/10Lake Cormorant Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10Lake Cormorant High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- District: 000000
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading



