$474,350
$17,569 per acre: total asking price divided by the reported 27 acres. Not an appraisal or a bare-land value.
7995 Austin RoadLake Cormorant, MS 38641
Pasture and grazing land · MLS 11642558 · Listed 298 days ago (Jan 9, 2026)
Livestock and grazing · Farm and ranch details
For sale: Listed for sale and available according to the MyStateMLS feed.
About this property
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.
Description provided by the listing brokerage.
Farm and ranch details
Listing-reported, not independently certified. These details come from the listing's own fields and description. Farms and Ranches has not inspected the property, measured acres, tested soil or water, or reviewed permits. Confirm everything with Louis Holbrook of National Land Realty, Robinsonville, MS and the right professionals.
| Listed here as | Pasture and grazing landAgricultural land: Land the listing describes as farmed, grazed or cut for hay, with no home reported. Usable acres, water and access still need checking. |
|---|---|
| Why it qualifies | Agricultural use reported in the listing · How listings qualify |
| Reported use | Livestock and grazing |
| Total acreage | 27 acres (as reported) |
| Reported land breakdown | Not stated. Total acreage is not tillable or usable acreage; ask the agent and check the soil survey. |
| Home included | No home reported |
Reported buildings, water and land features
- Pasture (listing description)
- Creek or spring (listing description)
- Road frontage mentioned (listing description)
Not reported here and never inferred: yields, income, stocking rates or carrying capacity, water rights, transferable permits, organic certification, equipment or livestock included in the sale, and whether a building can be used or a site built on. Report a wrong classification.
Facts
- List price
- $474,350
- Status
- For sale
- Property type
- Land and lots
- Lot size
- 27 acres
- County
- DeSoto County
- MLS number
- 11642558
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary, and no soil, flood, wetland or access conclusion should be drawn from it. See more listings in Lake Cormorant.
Price and status history
Changes observed by Farms and Ranches in MyStateMLS data since Oct 30, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Buyer checklist
Questions worth investigating for any farm or ranch purchase. They are not claims that this property has a problem or meets any condition.
- Legal accessIs there deeded or recorded access to a public road, and are there easements across the land (or that the land relies on)?
- Water rights and wellsA well, pond, creek or irrigation system does not by itself establish a legal right to use the water. Ask for the water right, permit or registration documents and test the well.
- Leases and tenanciesAre there farm, grazing, hunting, CRP, oil and gas or wind leases? Some survive a sale or require notice before they end.
- Soil and usable landHow many acres can actually be cropped or grazed? Check the NRCS soil survey and get a current lab soil test for the use you plan.
- RestrictionsZoning, conservation easements, deed restrictions, HOA rules, floodplain and wetland rules can limit what you can do.
- Building conditionBarns, fences, wells and septic systems need inspection; a listed building may not suit a commercial or livestock use.
- UtilitiesPower, water, septic capacity, internet and road maintenance: who provides them and at what cost.
- What is included in the saleEquipment, growing crops, stored hay, livestock, irrigation equipment, permits and farm program contracts are often separate. Get it in writing.
Explore this area's farming resources
Regional guidance for DeSoto County, MS. It describes the area, not this property: it does not say this land suits any crop or use.
- Regional overview and local referrals for DeSoto County
- Mississippi State University Extension Service (county offices and local specialists)
- Soil testing options for Mississippi
- NRCS Web Soil Survey (mapped soils; a map is not a soil test)
- All farm resources for Mississippi
Guides and next steps
Listing courtesy of National Land Realty, Robinsonville, MS. Listing agent: Louis Holbrook. Listings provided by MyStateMLS.
Listing last updated by the brokerage Nov 2, 2026, 12:03 PM UTC. Farms and Ranches last received MyStateMLS data Nov 3, 2026, 1:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.