AI-enhanced sunset view illustrating a possible landscaped presentation of the main house and barn
Price reduced $24,000$375,000$10,000 down · assumable first + seller-financed second · 3-year balloon

For sale by owner · Collinsville, Mississippi

PRICE REDUCED:
$375,000

For Sale By Owner in Collinsville, Mississippi. Approximately 11.96 acres with a 2,110 sq. ft. main home, a 400 sq. ft. tiny house, and a 1,200 sq. ft. barn. Offered at $375,000 with a possible $10,000-down purchase structure.

11865 Newton County Martin Rd, Collinsville, MS 39325. Property is currently occupied; private tours by appointment only.

Schedule a private tour$375,000 Price reduced · $10K down structure available
Possession / closing timingPossession may be possible as early as November 1, 2026, under a separate written pre-closing occupancy agreement. Final closing and title transfer cannot occur before December 13, 2026.

AI-enhanced hero image: This view illustrates one possible landscaped presentation of the main house and barn. Landscaping, lighting, and presentation are conceptual and do not show the property's current appearance. Many other photos in this listing are real property photos, not AI-enhanced; please review the full photo section below.

11.96approx. acres
2,110sq. ft. home
400sq. ft. tiny house
1,200sq. ft. barn
Possession / closing timelineDecember 13, 2026

Important sale timing

Possession may be available before closing.

Seller may sign a separate written pre-closing occupancy agreement allowing possession as early as November 1, 2026. Final closing documents and title transfer cannot occur before December 13, 2026.

Any early-possession, deposit, occupancy, insurance, utilities, maintenance, risk-of-loss, and closing terms must be agreed to in writing.

Listing overview

11.96-acre residential property with two dwellings and barn space.

Main home: approximately 2,110 sq. ft. including a finished, climate-controlled sunroom. Additional improvements include a 400 sq. ft. tiny house, a partially converted 1,200 sq. ft. barn, open land, pine woods, walking paths, garden areas, and a fire ring.

AI-enhanced view illustrating a possible landscaped presentation of the main house
01

The main house

2,110 sq. ft. main home.

The main house includes an updated kitchen, updated bathroom, updated flooring, and a finished, climate-controlled sunroom.

Landscaping image disclosure: This AI-enhanced image shows one possible landscaped presentation. The property is not currently landscaped or presented exactly as shown. Many other photos in this listing are real property photos, not AI-enhanced; please review the full photo section below.

AI-enhanced view illustrating a possible landscaped setting for the green tiny house
02

The tiny house

400 sq. ft. tiny house.

Studio-style tiny house with sleeping area, kitchenette, shower area, and eco-friendly composting toilet. The tiny home has recently hosted Airbnb guests with early booking activity.

Current use: Recent Airbnb hosting has provided modest supplementary income. No future income is guaranteed.

Landscaping image disclosure: This AI-enhanced view shows one possible setting for the tiny house. The surrounding landscaping is not the property's current appearance. Many other photos in this listing are real property photos, not AI-enhanced; please review the full photo section below.

AI-enhanced view of the barn before its partial conversion, with conceptual landscaping
03

The red barn

1,200 sq. ft. barn.

Partially converted barn with approximately 600 sq. ft. insulated and served by a heating-and-cooling mini-split. Remaining barn space is unfinished and available for storage, tools, workshop use, or future improvement.

Barn image disclosure: This AI-enhanced view shows the barn before its partial conversion into a community center and illustrates one possible landscaped setting. The surrounding landscaping is not the property's current appearance. Many other photos in this listing are real property photos, not AI-enhanced; please review the full photo section below.

Utilities and site work

Installed infrastructure and outdoor features.

Approximately 500 feet of new water lines and drain lines have been installed to support future buildings and RV-pad areas. The property also has three 30/50-amp electrical hookup locations, water provision for future pads, and plenty of open space for camping.

≈ 500 ft.

Water and drain lines

New lines extend across the property to provide a head start for future improvements.

03

Electrical hookups

Three 30/50-amp hookup locations are already installed on the property.

Future-ready

Water for pad areas

Water provision is in place for planned future pad locations; completed RV pads are not represented as currently installed.

11.96 acres

Room to camp

Open land provides plenty of space for camping, gatherings, and time outdoors.

Buyers should verify utility locations, connections, capacities, condition, permitting, and suitability for their intended use.

Morning mist along the tree line at The Pearl on April 30, 2025

Quiet without isolation

Rural Mississippi,
within reach.

Located at 11865 Newton County Martin Rd, Collinsville, MS 39325—about 40 minutes north of Meridian, 90 minutes east of Jackson, and 90 minutes west of Hattiesburg. The property is currently occupied; please do not enter the property or disturb occupants. Private tours are by appointment only.

Plan your visit

Property facts

Listing details.

Offering price
PRICE REDUCED: $375,000
Sale type
For sale by owner
Address
11865 Newton County Martin Rd, Collinsville, MS 39325
Occupancy / showings
Property is currently occupied; private tours by appointment only
Possible possession
As early as November 1, 2026, under a separate written pre-closing occupancy agreement
Earliest closing
Final closing and title transfer cannot occur before December 13, 2026
Timing flexibility
Seller is open to discussing deposit, occupancy, possession, and closing terms with a qualified buyer
Purchase structure
$10,000 down, approximate $287,000 assumable first, and approximate $78,000 seller-financed second with a three-year balloon
Estimated monthly
Approx. $2,866.46/month using current first-loan PITI plus the seller-financed second payment
Existing VA loan
Owner believes the current VA loan may be assumable at 5.62%, with current PITI around $2,187/month
Seller-financed second
Approx. $78,000 at 6.5%, amortized over 15 years with the remaining balance due after 36 months; estimated payment $679.46/month and estimated remaining balance after 36 payments $67,816.09
Land
Approximately 11.96 acres
Main home
2,110 sq. ft., including a climate-controlled sunroom
Main-house HVAC
Central system not operational; mini-splits and window units are used for cooling, and space heaters for winter heat
Additional dwelling
400 sq. ft. tiny house with composting toilet
Current tiny-home use
Recently launched Airbnb rental with early booking activity and modest supplementary income
Additional rental potential
Future RV-pad areas may offer opportunity after completion and required approvals; no future income is guaranteed
Barn
1,200 sq. ft., partially converted
Finished barn area
Approx. 600 sq. ft., insulated with heat & A/C
Site infrastructure
Approx. 500 ft. of new water and drain lines, plus three 30/50-amp electrical hookup locations
Future pad areas
Water provision installed; completed RV pads are not represented as currently in place
Setting
Pine forest, open land, trails & garden areas
School assignment
Lauderdale County School District / West Lauderdale schools; buyer to verify enrollment

Purchase terms

PRICE REDUCED: $375,000 with possible $10,000-down structure.

Seller is presenting one primary structure for a qualified buyer: $10,000 down, assumption of the existing first loan if approved, and an approximate $78,000 seller-financed second amortized over 15 years with a three-year balloon.

Possession may be possible as early as November 1, 2026, under a separate written pre-closing occupancy agreement. Final closing and title transfer cannot occur before December 13, 2026.

Licensed real estate professionals may contact the seller for buyer-agent compensation terms before submitting an offer.

Estimated total monthly$2,866.46Approx. $2,187 first-loan PITI + $679.46 seller-financed second

Proposed purchase structure.

The buyer brings $10,000 down, assumes the approximate $287,000 first loan if approved, and signs an approximate $78,000 seller-financed second at 6.5%, amortized over 15 years. Payments are estimated at $679.46 per month, with an estimated remaining balance of $67,816.09 after 36 scheduled payments. That remaining balance would be due at the three-year balloon.

Any loan assumption, seller-financed second, commission agreement, or other purchase document must be approved in writing by the required parties and handled through proper closing documents.

Purchase math

The proposed structure.

Purchase pricePRICE REDUCED: $375,000
Down payment$10,000
Approx. assumable first loan$287,000 at 5.62%; current PITI about $2,187/month
Approx. seller-financed second$78,000 at 6.5%, amortized over 15 years with a three-year balloon
Second-note paymentApprox. $679.46/month
Three-year balloonApprox. $67,816.09 remaining after 36 scheduled payments, assuming no earlier payoff
Estimated combined monthlyApprox. $2,866.46/month, before utilities, maintenance, and any lender or escrow changes

$10,000 + $287,000 + $78,000 = $375,000. Exact first-loan balance, payment, escrow, assumption requirements, closing costs, early-possession terms, balloon payoff, and final second-note documents must be verified.

Recent improvements

Property improvements.

  • Finished, fully updated kitchen
  • Updated bathroom and flooring
  • New 400 sq. ft. tiny home
  • Approximately 300 sq. ft. tool and storage area with covered overhang
  • Partially finished 1,200 sq. ft. barn
  • Approximately 600 sq. ft. of the barn insulated and served by a heating-and-cooling mini-split

Buyers and licensed professionals: Request the property package, showing details, and proposed written terms before submitting an offer.

This section is an invitation to discuss a possible purchase structure, not a binding commission offer, listing agreement, loan-assumption approval, appraisal, financing commitment, or authorization to sell. Any compensation to a licensed real estate professional must be stated in a separate written agreement accepted by the seller and responsible broker before an offer is submitted, is payable to the licensed brokerage only after a successful closing, and may not exceed the compensation agreed to in the buyer's written brokerage agreement. No compensation is offered to unlicensed individuals.

Moonlight over The Pearl on November 11, 2025

PRICE REDUCED to $375,000

Request a private showing.

Serious buyers may request the property package and schedule a private tour of the main home, tiny house, barn, and land. The property is currently occupied; please do not enter the property or disturb occupants without an appointment.

Prefer to write your own? Email info@gilhodgesfreedom.com directly and include your preferred tour dates.