5188 Ms-309

87,120 / 2
Lot Size / Acres

Description

Back on market at a reduced price for quick sale. These two 1 acre lots have a house on it. The property is located right off highway 309 south; located at Mathews Corner-see photo. This property is easy to show. The house is a fixer upper and sold AS-ISBack on market at a reduced price for quick sale. These two 1 acre lots have a house on it. The property is located right off highway 309 south; located at Mathews Corner-see photo. This property is easy to show. The house is a fixer upper and sold AS-IS
  1. Listed by Oliver Peyton • Brokerage DRE #15482 • Peyton Company, Inc. Realtors
    P: (901)-363-5546 opeyton2@comcast.net

Amenities

  • Wooden Area Views
LISTING UPDATED: 08/21/2025 08:53 AM

Property Details for 5188 Ms-309

StatusPending
MLS #4117914
Days on Market45
Taxes$660 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Acreage (10 acres or less)
Year Built-
Lot Size2.00 AC
CountyMarshall County

Location

Listing Courtesy of Peyton Company, Inc. Realtors
Add your commute

Building Information for 5188 Ms-309

Lot Size2.00 AC

Payment Calculator

$296 per month

30 year fixed, 6.15% Interest

Principal and Interest

$241

Property Taxes

$55

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5188 Ms-309

Summary
Location and General Information
  • Directions: Go south on highway 309 from highway 78 to the next drive past Mathews corner. House sits off the road. Driveway follows along the tree-line of the southern edge of the property.
  • Subdivision Name: Metes And Bounds
  • Latitude: 34.76
  • Longitude: -89.67
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: SE COR NW SE SE1/4 B 2010 P 3437 08/16/2010
  • Tax Year: 2023
  • Tax Annual Amount: $660.00
  • Tax and Financial Information:Tax Annual Amount: $660.00
  • Tax and Financial Information:Tax Year: 2,023.00
  • 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: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: SE COR NW SE SE1/4 B 2010 P 3437 08/16/2010
School Information
  • District High School: Marshall CO Dist
Property
Lot Information
  • Other Structures: See Remarks
  • Lot Size Acres: 2.0
  • Lot Features: Few Trees, Wooded, Other
  • Lot Size Area: 2.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 87120.0
  • Land Details:Legally Subdivided: No
  • Waterfront Features:Waterfront: No
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Acreage (10 acres or less)
  • Current Use: None
  • Possible Use: Investment, Single Family
  • Road Frontage Type: Other
  • Road Surface Type: Gravel
  • General Property Information:Property Sub Type: Acreage (10 acres or less)
  • General Property Information:New Construction: No
  • General Property Information:Property Condition: Fixer
  • General Property Information:Approx Lot Size Acres: 2.00
  • General Property Information:Expandable Area: No
  • General Property Information:Number of Lots: 2.00
  • General Property Information:Divisible: Yes
  • General Property Information:School District: Marshall CO Dist
Utilities
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Workshop Features:Workshop Features Workshop: No
  • Barn Features:Barn: No
  • Horse Amenities:Horse Amenities: No
Interior Features
  • Sewer: Other
  • Water Source: Other
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 5188 Ms-309

DateEvent & SourcePriceAppreciation
Aug 21, 2025

Contract Signed

GCAOR MLS #4117914

Aug 7, 2025

Listed (Active)

GCAOR MLS #4117914

$57,500
Aug 6, 2025

Price Change

GCAOR MLS #4117914

$49,500
Jul 30, 2025

Contract Signed

GCAOR MLS #4117914

Jul 1, 2025

Listed (Active)

GCAOR MLS #4117914

$57,500
DateEvent & SourcePrice
08/21/2025

Contract Signed

GCAOR MLS #4117914

08/07/2025

Listed (Active)

GCAOR MLS #4117914

$57,500
08/06/2025

Price Change

GCAOR MLS #4117914

$49,500
07/30/2025

Contract Signed

GCAOR MLS #4117914

07/01/2025

Listed (Active)

GCAOR MLS #4117914

$57,500

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

Schools near 5188 Ms-309

This home is within Marshall Co School Dist.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Public - K to 6
Rating
School
Distance
Byhalia Middle School (5-8)
Public5 to 8

Byhalia High School
Public9 to 12

Byhalia Elementary School
PublicK to 4

Galena Elementary School
PublicK to 6

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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Listing Courtesy of Peyton Company, Inc. Realtors

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee 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 MAAR and Central West Tennessee Association of Realtors logo. 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 MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.