Property Description Rare Financing Opportunity: This property offers an assumable loan with a 2.875% interest rate (buyer to verify terms and qualifications). Home also qualifies for 100% Financing!!! Investment Potential: The home is currently tenant-occupied through 10/31, generating $2,250 per month in rental income. Tenants may vacate with a 30-day notice upon an accepted contract, providing flexibility for owner-occupants. Located in the Magnolia Pointe neighborhood and zoned for top-ranked Germantown Schools, this home in Madison County's newest development offers three bedrooms, two bathrooms, and a dedicated office. The property features an open floor plan with stainless steel appliances, granite countertops, a fireplace in the great room, and a large covered back porch. The master suite includes a whirlpool tub, a separate shower, and a walk-in closet. The location is just minutes away from Madison shopping centers.
Details
Maps
Address and Location Information
Parcel Number: 082g-25a-071/00.00
Community Of: N/A
Street Number: 123
Street Name: Porter
Street Suffix: Ridge
County: Madison
State: MS
Zip Code: 39046
Subdivision: Magnolia Pointe
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-04-17
List Price: $297,000
Current Price: $297,000
General Property Information
New Construction: No
Approx Lot Size Acres: 0.27
SqFt Source: Public Records
List Price/SqFt: 141.03
Year Built Known: Yes
Year Built Source: Public Records
Garage Spaces: 2
Carport Spaces: 0
Total Floors: 1
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Fireplace: Yes
Fireplaces Total: 1
Pool: No
School District: Madison CO Dist
Elementary School: Madison Crossing
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Germantown Middle
High School: Germantown
Home Warranty: No
Accessibility Features: No
Property Sub Type: Single Family Residence
Approx H/C SqFt: 2106
Year Built: 2020
Bedrooms Total: 3
Bathrooms Full: 2
Tax and Financial Information
Tax Annual Amount: 1725
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: Yes
Association Fee: 300
Covenants Y/N: Yes
Legal Description: Lot 41
Remarks & Miscellaneous
Public Remarks: Rare Financing Opportunity: This property offers an assumable loan with a 2.875% interest rate (buyer to verify terms and qualifications). Home also qualifies for 100% Financing!!! Investment Potential: The home is currently tenant-occupied through 10/31, generating $2,250 per month in rental income. Tenants may vacate with a 30-day notice upon an accepted contract, providing flexibility for owner-occupants. Located in the Magnolia Pointe neighborhood and zoned for top-ranked Germantown Schools, this home in Madison County's newest development offers three bedrooms, two bathrooms, and a dedicated office. The property features an open floor plan with stainless steel appliances, granite countertops, a fireplace in the great room, and a large covered back porch. The master suite includes a whirlpool tub, a separate shower, and a walk-in closet. The location is just minutes away from Madison shopping centers.
Structure Type
House: 1
Covenants And Restrictions
Homeowner Association: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
USDA Loan: 1
VA Loan: 1
Other: 1
Association Fee Includes
Other: 1
Showing Requirements
Showing: Appointment Required
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Fireplace Features
Living Room: 1
Appliances
Dishwasher: 1
Gas Oven: 1
Gas Range: 1
Microwave: 1
Range: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Fireplace(s): 1
Natural Gas: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Architectural Shingles: 1
Exterior Features
None: 1
Parking Features
Parking Total: 2
Garage: 1
Water Heater
Natural Gas: 1
Property Features
Structure Type: House
Levels: One
Covenants And Restrictions: Homeowner Association
Association Fee Includes: Other
Fireplace Features: Living Room
Appliances: Dishwasher; Gas Oven; Gas Range; Microwave; Range; Refrigerator
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Fireplace(s); Natural Gas
Utilities: Cable Available; Electricity Available; Natural Gas Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: USDA Loan; VA Loan; Other
Roof: Architectural Shingles
Exterior Features: None
Parking Features: Garage
Water Heater: Natural Gas
Listing Office: AM Equity Realty, LLC
Listing Agent: Adell Osgood
Last Updated: April - 17 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
Property Description Rare Financing Opportunity: This property offers an assumable loan with a 2.875% interest rate (buyer to verify terms and qualifications). Home also qualifies for 100% Financing!!! Investment Potential: The home is currently tenant-occupied through 10/31, generating $2,250 per month in rental income. Tenants may vacate with a 30-day notice upon an accepted contract, providing flexibility for owner-occupants. Located in the Magnolia Pointe neighborhood and zoned for top-ranked Germantown Schools, this home in Madison County's newest development offers three bedrooms, two bathrooms, and a dedicated office. The property features an open floor plan with stainless steel appliances, granite countertops, a fireplace in the great room, and a large covered back porch. The master suite includes a whirlpool tub, a separate shower, and a walk-in closet. The location is just minutes away from Madison shopping centers.
Details
Maps
Address and Location Information
Parcel Number: 082g-25a-071/00.00
Community Of: N/A
Street Number: 123
Street Name: Porter
Street Suffix: Ridge
County: Madison
State: MS
Zip Code: 39046
Subdivision: Magnolia Pointe
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-04-17
List Price: $297,000
Current Price: $297,000
General Property Information
New Construction: No
Approx Lot Size Acres: 0.27
SqFt Source: Public Records
List Price/SqFt: 141.03
Year Built Known: Yes
Year Built Source: Public Records
Garage Spaces: 2
Carport Spaces: 0
Total Floors: 1
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Fireplace: Yes
Fireplaces Total: 1
Pool: No
School District: Madison CO Dist
Elementary School: Madison Crossing
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Germantown Middle
High School: Germantown
Home Warranty: No
Accessibility Features: No
Property Sub Type: Single Family Residence
Approx H/C SqFt: 2106
Year Built: 2020
Bedrooms Total: 3
Bathrooms Full: 2
Tax and Financial Information
Tax Annual Amount: 1725
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: Yes
Association Fee: 300
Covenants Y/N: Yes
Legal Description: Lot 41
Remarks & Miscellaneous
Public Remarks: Rare Financing Opportunity: This property offers an assumable loan with a 2.875% interest rate (buyer to verify terms and qualifications). Home also qualifies for 100% Financing!!! Investment Potential: The home is currently tenant-occupied through 10/31, generating $2,250 per month in rental income. Tenants may vacate with a 30-day notice upon an accepted contract, providing flexibility for owner-occupants. Located in the Magnolia Pointe neighborhood and zoned for top-ranked Germantown Schools, this home in Madison County's newest development offers three bedrooms, two bathrooms, and a dedicated office. The property features an open floor plan with stainless steel appliances, granite countertops, a fireplace in the great room, and a large covered back porch. The master suite includes a whirlpool tub, a separate shower, and a walk-in closet. The location is just minutes away from Madison shopping centers.
Structure Type
House: 1
Covenants And Restrictions
Homeowner Association: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
USDA Loan: 1
VA Loan: 1
Other: 1
Association Fee Includes
Other: 1
Showing Requirements
Showing: Appointment Required
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Fireplace Features
Living Room: 1
Appliances
Dishwasher: 1
Gas Oven: 1
Gas Range: 1
Microwave: 1
Range: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Fireplace(s): 1
Natural Gas: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Architectural Shingles: 1
Exterior Features
None: 1
Parking Features
Parking Total: 2
Garage: 1
Water Heater
Natural Gas: 1
Property Features
Structure Type: House
Levels: One
Covenants And Restrictions: Homeowner Association
Association Fee Includes: Other
Fireplace Features: Living Room
Appliances: Dishwasher; Gas Oven; Gas Range; Microwave; Range; Refrigerator
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Fireplace(s); Natural Gas
Utilities: Cable Available; Electricity Available; Natural Gas Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: USDA Loan; VA Loan; Other
Roof: Architectural Shingles
Exterior Features: None
Parking Features: Garage
Water Heater: Natural Gas
Listing Office: AM Equity Realty, LLC
Listing Agent: Adell Osgood
Last Updated: April - 17 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.