121 Water St

3,508 Sq. Ft.
$248 / Sq. Ft.
3,508
Sq. Ft.
$248
per Sq. Ft.

Description

This 2 year old home in sought after Lost Rabbit is 4 Bedrooms and 4.5 baths within very easy walking distance of the new covered marina, Velveteen event space, The Rabbit Hole craft cocktail bar, and General Store - it features quartz counters throughout with a full-height backsplash behind the 48" Thermador Rangetop - The rest of the Kitchen appliance package is also Thermador, including a double wall oven and microwave drawer - The wet bar is right off the kitchen and flows into a nice pantry/coffee...This 2 year old home in sought after Lost Rabbit is 4 Bedrooms and 4.5 baths within very easy walking distance of the new covered marina, Velveteen event space, The Rabbit Hole craft cocktail bar, and General Store - it features quartz counters throughout with a full-height backsplash behind the 48" Thermador Rangetop - The rest of the Kitchen appliance package is also Thermador, including a double wall oven and microwave drawer - The wet bar is right off the kitchen and flows into a nice pantry/coffee bar. This home has 11 foot ceilings in the living/kitchen/dining/foyer. The Master bath has his-and-hers vanities, a separate sit-down makeup area, and a large walk-in shower - His and her's closets flow into the laundry room. Outdoor living is such a must these days - There's an upstairs Balcony with views of the marina, a Huge screened side porch with Louvers down one entire side to give extra privacy - There's also a smaller porch with sink and built-in gas grill off the kitchen. The upstairs has a living area and 2 bedrooms each with its own bathroom and walk-in closets.
  1. Listed by Elizabeth R Smith • Brokerage DRE #5142 • Nix-Tann & Associates, Inc.
    P: (601)-506-4608 C: (601)-506-4608 esmith700@gmail.com
  2. Listed by Chris Bond • Brokerage DRE #5142 • Nix-Tann & Associates, Inc.
    P: (601)-672-7582 C: (601)-672-7582 CHRIS@BONDPROPERTIES.NET

Property Details for 121 Water Street

Architectural Style
Traditional
Waterfront
No
LISTING UPDATED: 06/15/2026 04:27 PM

Property Details for 121 Water Street

StatusActive
MLS #4152887
Days on MarketListed Today
Taxes$4,691 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size0.25 AC / 10,890 SF
CountyMadison County

Location

Listing Courtesy of Nix-Tann & Associates, Inc.
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Building Information for 121 Water Street

Stories-Year Built2024Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$4,726 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,335

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 121 Water Street

Summary
Location and General Information
  • Directions: Hoy Road into Lost Rabbit. Take first left then first right on Water St. House down on the right
  • Community Features: Marina, Playground, Pool, Sidewalks, Street Lights
  • Subdivision Name: Lost Rabbit
  • Latitude: 32.46
  • Longitude: -90.06
Taxes and HOA
  • Association: Yes
  • Association Fee: $0
  • Tax Legal Description: Lot 419 LOST RABBIT PHASE IV A
  • Association Fee Includes: Accounting/Legal, Pool Service
  • Tax Year: 2025
  • Tax Annual Amount: $4,690.54
  • Tax and Financial Information:Tax Annual Amount: $4,690.54
  • Tax and Financial Information:Tax Year: 2,025.00
  • Tax and Financial Information:Homestead Y/N: Yes
  • Tax and Financial Information:Homestead Year: 2025
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: Yes
  • Tax and Financial Information:16th Section: No
  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Covenants Y/N: Yes
  • Tax and Financial Information:Legal Description: Lot 419 LOST RABBIT PHASE IV A
Parking
  • Parking Features: Garage Door Opener
  • Garage: Yes
  • Carport Spaces: .00
  • Garage Spaces: 3.00
  • Attached Garage: No
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
School Information
  • Elementary School: Madison Station
  • High School: Madison Central
  • Middle Or Junior School: Madison
Property
Lot Information
  • Lot Size Acres: 0.25
  • Year Built Source: Public Records
  • Structure Type: House
  • Living Area Source: Owner
  • Building Area Total: 3508.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Waterfront Features:Waterfront: No
Property and Assessments
  • New Construction: No
  • Disclosures: Agent Owned
  • Floor Plans Count: 0
  • Property Type: Residential,Single Family Residence
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • General Property Information:New Construction: No
  • General Property Information:Approx Lot Size Acres: .25
  • General Property Information:SqFt Source: Owner
  • General Property Information:Year Built Source: Public Records
  • General Property Information:Garage Spaces: 3.00
  • General Property Information:Carport Spaces: .00
  • General Property Information:Total Floors: 2.00
  • General Property Information:Bathrooms Half: 1.00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Fireplace: Yes
  • General Property Information:Fireplaces Total: 1.00
  • General Property Information:Pool: No
  • General Property Information:School District: Madison CO Dist
  • General Property Information:Elementary School: Madison Station
  • General Property Information:Elementary School 2: N/A
  • General Property Information:Intermediate School: N/A
  • General Property Information:Middle or Junior School: Madison
  • General Property Information:High School: Madison Central
  • General Property Information:Home Warranty: No
  • General Property Information:Accessibility Features: No
Utilities
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Architectural Shingles
  • Pool Private: No
  • Construction Materials: Brick, HardiPlank Type
  • Foundation Details: Post-Tension
  • Exterior Features: Balcony, Built-in Barbecue, Lighting, Other
  • Patio And Porch Features: Front Porch, Screened, Side Porch
Interior Features
  • Fireplace: Yes
  • Basement: No
  • Cooling: Yes
  • Cooling: Ceiling Fan(s), Central Air, Gas
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Heating: Central, Fireplace(s), Natural Gas
  • Interior Features: Double Vanity, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar
  • Laundry Features: Laundry Room
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Yes
  • Rooms Total: 0
  • Bathrooms Total Integer: 5
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Notational: 4.10
  • Bedrooms Total: 4
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 0
  • Appliances: Built-In Gas Range, Disposal, Double Oven, Microwave, Tankless Water Heater
  • Basement Features:Basement: No
Rental
Rental Information
  • Owner-Tenant Information: Owner

Property History for 121 Water Street

DateEvent & SourcePriceAppreciation
Jun 15, 2026

Listed (Active)

GCAOR MLS #4152887

$869,900—
DateEvent & SourcePrice
06/15/2026

Listed (Active)

GCAOR MLS #4152887

$869,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Water Street

Taxable ValueLand-Additions-Total-
Tax Record2025$5,521 ($460 / month)
Home Facts
Total Finished SqFt4,489 SqFtAbove Grade Finished SqFt4,489 SqFtStyleMiscellaneousCountyMADISONAPN072A-11D-003/17

Schools near 121 Water Street

This home is within Madison Co School Dist.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9
Rating
School
Distance
Madison Avenue Lower Elementary School
PublicK to 2

Madison Avenue Upper Elementary School
Public3 to 5

Madison Middle School
Public6 to 8

Rosa Scott School
Public9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

121 Water Street is a single family home for sale in Madison, MS 39110. This property was listed for sale on June 15, 2026 by Nix-Tann & Associates, Inc., it's currently listed at $869,900. This listing's school district is Madison Co School Dist. Nearby schools include Madison Avenue Lower Elementary School, Madison Avenue Upper Elementary School and Madison Middle School. 121 Water Street is a 4-bed, 5-bath, 3,508 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nix-Tann & Associates, Inc.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.