136 Water St

Madison, MS 39110

$640,000
Price
4
Beds
2,511 Sq. Ft.
$255 / Sq. Ft.
2,511
Sq. Ft.
$255
per Sq. Ft.
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Open: 3/29 02:00PM - 04:00PM
Open: 3/29 02:00PM - 04:00PM
IMG_9069

Description

Perfectly planned 4 bed, 3 bath home located in Madison's highly sought after Lost Rabbit subdivision. This charming new construction home is located on a corner lot and has an added bonus of a nice sized outdoor patio/outdoor area. With 2 bedrooms and 2 full bathrooms downstairs along with 2 bedrooms and a full bath up this plan fits the needs of just about everybody. Topped off with an ample-sized family room which opens into the dining/kitchen area, a formal pantry and a nice sized utility room....Perfectly planned 4 bed, 3 bath home located in Madison's highly sought after Lost Rabbit subdivision. This charming new construction home is located on a corner lot and has an added bonus of a nice sized outdoor patio/outdoor area. With 2 bedrooms and 2 full bathrooms downstairs along with 2 bedrooms and a full bath up this plan fits the needs of just about everybody. Topped off with an ample-sized family room which opens into the dining/kitchen area, a formal pantry and a nice sized utility room. This section of Lost Rabbit is just steps from the neighborhood Town Center which is host to the neighborhood pub, The Rabbit Hole, The General Store, a spa, a marina, the pool/pavilion and so much more planned for the future. Schedule your personal tour today to find out about all of the amazing finishes planned that will make this one your dream home.
  1. Listed by Christi S Chandler • Brokerage DRE #23840 • The Compass Group
    P: (601)-201-4492 christi@chandlergroupms.com

Property Details for 136 Water Street

Architectural Style
Traditional

Open Houses

Sunday, Mar 29th2:00 PM - 4:00 PM
PublicView contact
LISTING UPDATED: 03/28/2026 03:56 PM

Property Details for 136 Water Street

StatusActive
MLS #4137554
Days on Market28
Taxes$800 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2026
Lot Size0.15 AC / 6,534 SF
CountyMadison County
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Location

Listing Courtesy of The Compass Group
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Building Information for 136 Water Street

Stories-Year Built2026Building Size-Lot Size0.15 AC / 6,534 SF

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$3,173 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,106

Property Taxes

$67

HOA Dues

$0

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Property Information for 136 Water Street

Summary
Location and General Information
  • Directions: Hoy to Lost Rabbit, Left on Water, second right on Water, house is on the left.
  • Community Features: See Remarks
  • Subdivision Name: Lost Rabbit
  • Latitude: 32.46
  • Longitude: -90.06
Taxes and HOA
  • Association: Yes
  • Association Fee: $0
  • Tax Legal Description: LOT 459 LOST RABBIT PH IV A
  • Association Fee Includes: Pool Service
  • Tax Year: 2026
  • Tax Annual Amount: $800.00
  • Tax and Financial Information:Tax Annual Amount: $800.00
  • Tax and Financial Information:Tax Year: 2,026.00
  • Tax and Financial Information:Homestead Y/N: No
  • 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:Association: Yes
  • Tax and Financial Information:Covenants Y/N: Yes
  • Tax and Financial Information:Legal Description: LOT 459 LOST RABBIT PH IV A
Parking
  • Parking Features: Garage Door Opener, Garage Faces Rear
  • Carport Spaces: .00
  • Garage Spaces: 2.00
  • Attached Garage: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Rear: Yes
School Information
  • Elementary School: Madison Avenue
  • High School: Madison Central
  • Middle Or Junior School: Madison
Property
Lot Information
  • Lot Size Acres: 0.15
  • Property Condition: New Construction
  • Year Built Source: Builder
  • Lot Features: Corner Lot
  • Structure Type: House
  • Living Area Source: Appraiser
  • Building Area Total: 2511.0
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6534.0
Property and Assessments
  • New Construction: Yes
  • Disclosures: None
  • Open Houses Change Timestamp: 03-28-2026 03:56:23 PM
  • Floor Plans Count: 0
  • Property Type: Residential,Single Family Residence
  • Year Built: 2026
  • Property Sub Type: Single Family Residence
  • General Property Information:New Construction: Yes
  • General Property Information:Property Condition: New Construction
  • General Property Information:Approx Lot Size Acres: .15
  • General Property Information:SqFt Source: Appraiser
  • General Property Information:Year Built Source: Builder
  • General Property Information:Garage Spaces: 2.00
  • General Property Information:Carport Spaces: .00
  • General Property Information:Total Floors: 2.00
  • General Property Information:Bathrooms Half: .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 Avenue
  • 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: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Architectural Shingles
  • Pool Private: No
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Exterior Features: See Remarks
Interior Features
  • Flooring: Tile, Wood
  • Fireplace: Yes
  • Cooling: Yes
  • Cooling: Ceiling Fan(s), Central Air, Gas
  • Heating: Central, Fireplace(s)
  • Interior Features: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Primary Downstairs, See Remarks
  • Laundry Features: Main Level
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Yes
  • Rooms Total: 0
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Notational: 3.00
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Appliances: Dishwasher, Disposal, Tankless Water Heater
  • Attic Features:Attic: Yes

Property History for 136 Water Street

DateEvent & SourcePriceAppreciation
Feb 28, 2026

Listed (Active)

GCAOR MLS #4137554

$640,000—
DateEvent & SourcePrice
02/28/2026

Listed (Active)

GCAOR MLS #4137554

$640,000

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

Schools near 136 Water Street

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

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More information about 136 Water Street, Madison, MS 39110

136 Water Street is a single family home for sale in Madison, MS 39110. This property was listed for sale on February 28, 2026 by The Compass Group, it's currently listed at $640,000. 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. 136 Water Street is a 4-bed, 3-bath, 2,511 sqft single family home built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Compass Group

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.