Investor Special! This 3-bedroom, 1-bathroom single-family home built in 1986 situated on a rare, expansive 1.5-acre lot. Offered completely in "as-is" condition, this property is not move-in ready, making it the absolute perfect opportunity for investors, fliippers or portfolio landlords looking to add major value.Step inside to find a solid structural footprint featuring a classic layout with three dedicated bedrooms and a full bathroom. The home requires full cosmetic updates, mechanical overhauls, and modern finishes throughout, giving you total creative control over the final design. Capitalize on the strong local demand for updated resale homes by executing your own custom vision.The true crown jewel of this property is the sprawling 1.5-acre lot. The massive acreage provides endless possibilities, from adding a large detached garage or workshop to building an accessory dwelling unit (ADU), expanding the existing footprint, or simply creating a private backyard oasis. Situated in a convenient location with easy access to major transit, local amenities, and employment hubs, this flip property promises a rewarding return on investment. Bring your contractor, your vision, and your highest offers—this diamond in the rough will not last long! Bring all offers!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
2
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.5 Acres
Year renovated
—
Finished Sq. Ft.
1,065
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,065
Year built
1986
Style
Single Family Residential
County
Tate County
APN
161 12 0001109
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 2026.
R-1
Rural Residential District
The Rural Residential District is intended to further the character of the incorporated areas of Tate County while also maintaining a low population density. This zone is primarily conventional single family homes and represents a permanent investment in the County. This character shall be protected and encouraged around existing municipalities and around significant unincorporated communities.; Central water and sewer services may or may not be available in these areas. Even though there is the potential for service around existing municipalities, existing service is limited, therefore a low population density shall be preserved and encouraged.
Permitted uses
Include but are not limited to:
Agriculture
Dairy
Livestock production
Religious facility
Housing-Single unit
Public service
Educational/school
Recreation
Park & open space
Timberland
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
11% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 108° expected this year, 20 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Senatobia, MS • 38668
Average low and high temperatures (°F)
47
29
58
38
72
50
78
57
79
62
88
71
92
74
90
69
85
64
78
53
66
47
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Senatobia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1513 L R L Rd
$117,845
$12K under list price of $130K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $139K to $300K.