4595 Highway 18, Rose Hill, MS: Detailed Real Estate Analysis of a 4-Acre Historic Farmhouse ($94,900)

Priced at $94,900—which translates to $44.64 per square foot of living space—4595 Highway 18 in Rose Hill, Mississippi (ZIP 39356, Jasper County) presents a rare rural homestead opportunity. Featuring a 2,126-square-foot classic Southern farmhouse built in 1907, the property encompasses 4.00 acres of mowed pasture and timberland, complete with a solar-powered gated driveway, security fencing, and authentic early 20th-century architectural details.

Offered at a significant discount following sequential market price reductions down from its initial $139,900 list price, this historic residence provides exceptional space with up to 5 potential bedrooms. Supported by low annual property taxes of $432.00 to $483.00 per year ($36.00 to $40.25 per month) and zero HOA fees, it offers strong long-term value for historic home renovators, rural homesteaders, or land-banking buyers.

Property Overview and Technical Specifications

Evaluating public records, MLS listing disclosures (#24-1215), and property image archives establishes the baseline specifications for this Jasper County homestead.

Property ParameterListing Disclosures & Public Records
Street Address4595 Highway 18, Rose Hill, MS 39356
County / RegionJasper County / East Mississippi
Parcel Identification Number00273100001500
Current Asking Price$94,900 (Reduced on February 11, 2026)
Original List Price (Dec 2024)$139,900
Cumulative Price Reduction-$45,000 (-32.17% total price cut)
Total Surveyed Land Area4.00 Acres (174,240 Square Feet)
Price Per Acre$23,725.00 per acre (includes 2,126 sq. ft. residence)
Finished Interior Area2,126 Sq. Ft. (4 Bedrooms / 1 Full Bath)
Price Per Square Foot$44.64 per sq. ft.
Architectural Style / Year BuiltClassic Southern Farmhouse / Built in 1907
Exterior ConstructionWood Siding / Composition Shingle Roof
Foundation TypeCrawl Space Foundation
Water & Sewer UtilitiesPrivate Septic Tank / Public Water Connection
Heating & Cooling SystemsWindow Unit Cooling / Electric Wall Heating Units
Annual Property Taxes (2025)$432.00 – $483.00 per year ($36.00 – $40.25 per month)
County Tax Assessed Valuation$45,440
Listing Brokerage / AgentCrossroads Realty / Tiffany Kidd (MLS #24-1215)

Price History & Valuation Breakdown

Tracking the listing trajectory of 4595 Highway 18 from late 2024 through early 2026 highlights clear seller motivation and market adjustment.

Transaction DateEvent / MLS StatusAsking PricePrice ShiftPrice / Sq. Ft.
December 24, 2024Initial Market Listing$139,900Baseline$65.80 / sq. ft.
March 30, 2025Price Reduction$129,900-$10,000 (-7.15%)$61.10 / sq. ft.
August 8, 2025Price Reduction$124,900-$5,000 (-3.85%)$58.75 / sq. ft.
October 1, 2025Price Reduction$119,900-$5,000 (-4.00%)$56.40 / sq. ft.
November 5, 2025Price Reduction$99,900-$20,000 (-16.68%)$46.99 / sq. ft.
February 11, 2026Current Price Cut$94,900-$5,000 (-5.01%)$44.64 / sq. ft.

Land Basis and Residual Structure Valuation

  • Asking Price: $94,900
  • Price Per Acre: $94,900 ÷ 4.0 acres = $23,725.00 per acre
  • Price Per Square Foot: $94,900 ÷ 2,126 sq. ft. = $44.64 per sq. ft.

In rural Jasper County, unserviced 3- to 5-acre agricultural parcels without utilities typically trade between $6,000 and $9,000 per acre. Allocating a baseline raw land value of $7,500 per acre to the 4.0-acre footprint yields an estimated land basis of $30,000.

Subtracting this land value from the $94,900 purchase price leaves an implied residual valuation of just $64,900—or $30.53 per square foot—for the existing 2,126-square-foot 1907 home, septic system, water connections, solar-powered perimeter entry gate, and gravel driveway infrastructure.

Carrying Costs and Tax Holding Profile

County tax records confirm extremely manageable holding overhead:

  • County Tax Assessed Valuation (2025): $45,440
  • List Price to Tax Assessment Ratio: 2.09x
  • Annual Property Tax Bill (2025): $432.00
  • Monthly Property Tax Expense: $432 ÷ 12 months = $36.00 per month
  • Homeowners Association (HOA) Fees: $0.00 / month

With fixed holding costs under $40.00 per month, buyers can complete interior updates systematically over time without incurring substantial ongoing financial strain.

Architectural Character & Interior Layout

Built in 1907, the residence retains authentic historic architecture and craftsmanship characteristic of early 20th-century Mississippi country homes.

  • Living Space Flexibility: Encompassing 2,126 square feet, the layout features 4 formal bedrooms with floor plan flexibility to configure a 5th bedroom or dedicated home office.
  • Ceiling Heights & Wood Details: Interior spaces showcase soaring 10- to 12-foot ceilings lined with horizontal beadboard wood planking. Living and dining areas feature natural dark wood-paneled walls, original wood trim, double-hung sash windows, and vintage light fixtures.
  • Decorative Fireplace & Mantels: Select primary rooms incorporate original chimney stacks and decorative mantel surrounds, preserving historic aesthetic appeal.
  • Full Bathroom Layout: The main bathroom features white beadboard wood walls, ceiling paneling, a full porcelain soaking tub, toilet, medicine cabinet, and a vanity sink with fabric skirting.
  • Enclosed Porch & Entrance: The front elevation includes a spacious covered porch area along with an enclosed screened sunroom featuring painted wood paneling, beadboard ceilings, and screen doors.
  • Heating and Cooling Infrastructure: The home utilizes electric window air conditioning units and wall-mounted heating units. Upgrading to a multi-zone ductless mini-split heat pump system represents the most efficient modernization strategy for year-round climate control.

Land Profile, Outbuildings, & Pasture Usability

The 4.0-acre property combines security, Privacy, and agricultural versatility along Mississippi Highway 18.

  • Perimeter Fencing & Entry Gate: The front property line along Highway 18 is secured with heavy-duty black chain-link fencing. Entry is controlled via an automated metal driveway gate powered by an on-site solar panel array.
  • Gravel Driveway & Elevation: A long gravel driveway leads through the security gate up a gentle slope to the elevated home site, offering privacy from the highway.
  • Pasture and Agricultural Acreage: A significant portion of the 4 acres consists of cleared, mowed pasture currently utilized for hay production. The open topography is ideal for livestock, horses, gardens, or hobby farming.
  • Timber & Natural Buffers: The perimeter and rear boundaries are lined with mature Southern yellow pines and hardwoods, providing natural shade, windbreaks, and privacy.

Estimated Capital Expenditure & Renovation Budget

While the structure retains functional interior spaces and good basic condition, modernizing mechanicals and finishes enhances long-term comfort and property value.

Renovation ComponentDIY Labor EstimateProfessional Contractor EstimateScope of Work & Technical Details
HVAC Mini-Split Installation$6,500$12,500Install 5-zone ductless heat pump system for heating/cooling
Electrical Panel & Wiring Upgrade$3,000$6,500Upgrade service panel, replace outlets, switches, and fixtures
Plumbing & Water Heater$2,500$5,500Replace supply lines with PEX, install new electric water heater
Kitchen Modernization$5,000$11,000New stock cabinetry, countertops, sink, and kitchen appliances
Bathroom Refresh & Trim$1,800$4,500Update fixtures, floor sub prep, vanity, and shower surround
Interior Painting & Refinishing$2,200$5,000Seal wood walls, paint beadboard ceilings, refinish wood floors
Roof & Exterior Siding Prep$2,000$5,500Seal composition roof junctions, repair/paint exterior wood siding
Septic Inspection & Service$800$2,200Pump septic tank, inspect distribution box and drain field
PROJECTED TOTAL REHAB BUDGET$23,800$52,700Estimated total cost to achieve fully updated condition

Comparative Market Positioning in East Mississippi

Comparing 4595 Highway 18 against nearby properties in Jasper, Clarke, and Newton counties demonstrates its market standing:

Property Address & CityAcreageSq. Ft.List PricePrice / Sq. Ft.Key Property Features
4595 Hwy 18, Rose Hill (Subject)4.00 AC2,126$94,900$44.641907 Historic Farmhouse, 4 AC, Solar Gate
41 CR 1827, Rose Hill, MS1.00 AC1,152$64,900$56.344 Bed / 2 Bath smaller home
1217 N Magnolia Ave, Heidelberg0.75 AC1,080$89,000$82.413 Bed / 1 Bath smaller town lot
1087 CR 343, Stonewall, MS1.50 AC2,192$80,000$36.506 Bed / 3 Bath fix-up property
501 W Church St, Newton, MS1.20 AC2,128$139,900$65.743 Bed / 2 Bath renovated home

Comparative Valuation Insights

  1. Acreage Advantage: At 4.0 acres, the subject property provides significantly more land than most sub-$100K regional alternatives, which typically sit on 0.5 to 1.5 acres.
  2. Space Efficiency: At $44.64 per square foot, the home trades well below the regional median asking price of ~$60.00 to $75.00 per square foot for habitable single-family residences.

Key Advantages vs. Critical Risk Factors

Key Advantages

  • Low Purchase Price: Listed at $94,900 ($44.64/sq. ft.) following a cumulative $45,000 price drop.
  • Generous Land Area: Includes 4.0 acres of mowed pasture and timberland with private fencing.
  • Authentic Historic Character: Features 1907 wood beadboard ceilings, tall windows, and decorative mantels.
  • Minimal Holding Overhead: Property taxes average $36.00 to $40.25 per month with no HOA fees.
  • Site Infrastructure: Solar-powered automated entry gate, chain-link perimeter fencing, and long gravel driveway.

Critical Risk Factors

  • Single Bathroom Layout: Features 4 to 5 potential bedrooms but only 1 full bathroom, making a second bath addition advisable for larger families.
  • HVAC Modernization Needed: Relies on window air units and wall heaters rather than a central HVAC system.
  • Crawl Space & Age Inspection: A 119-year-old home on a crawl space foundation requires thorough evaluation of floor joists, piers, and subflooring.

Target Buyer Compatibility Matrix

Buyer ProfileCharacteristics & ObjectivesStrategic Compatibility
Rural Homesteaders & Hobby FarmersBuyers seeking 4 acres for livestock, gardens, or poultry with an existing spacious home.Ideal Fit
Historic Home Restorers & DIYersBuyers who appreciate 1907 woodwork, tall ceilings, and sweat equity potential.Ideal Fit
Rental & BRRRR Real Estate InvestorsInvestors seeking high cash-flow potential on a sub-$100K purchase with low tax carrying costs.Ideal Fit
Turnkey Suburban HomebuyersBuyers wanting fully modernized central HVAC and updated finishes without undertaking rehab work.Unfavorable Fit

Essential Buyer Due Diligence Roadmap

  1. Perform Crawl Space & Subfloor Inspection: Examine floor joists, sill plates, and support piers under the 1907 structure for settling or wood moisture.
  2. Conduct Septic System Hydraulic Test: Pump and inspect the septic tank and verify drain field absorption capacity.
  3. Inspect Electrical Service Panel: Verify amperage capacity at the breaker box to ensure support for future mini-split heat pump installations.
  4. Test Water Supply & Plumbing Lines: Test public water pressure and inspect supply and drain lines throughout the crawl space.
  5. Verify Boundary Lines & Solar Gate Access: Confirm parcel boundaries (#00273100001500) and inspect the solar power battery system operating the front security gate.

4595 Highway 18 in Rose Hill, Mississippi, represents a strong value-add property for buyers seeking rural acreage and historic Southern charm. Offered at $94,900 for 4.0 acres and a 2,126-square-foot 1907 farmhouse, its primary strengths include its usable pasture acreage, solar-gated entrance, soaring beadboard ceilings, and low $36.00/month tax overhead. While updating the HVAC system and considering a second bathroom addition represent key capital priorities, the property’s sub-$45/sq. ft. price point provides a solid financial basis for homesteaders, DIY restorers, and long-term real estate investors.

Listed on Zillow

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