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Affordable 3 Bedroom Home with ACREAGE and Owner Financing Potential. $49,680

Posted on May 18, 2026May 18, 2026 by Adorable Living Spaces

Welcome to Adorable Living Spaces and our Deal of the Day series, where we search Zillow every single day to find affordable fixer-uppers, country homes, investment opportunities, and hidden rural properties across America. Today’s featured property takes us to Georgetown, Mississippi.

If you’ve been searching for an inexpensive property with renovation potential and room to create your own country-style home, this one immediately stands out. Priced under $50,000, this Mississippi fixer upper offers over 1,900 sqft of space and a layout filled with possibilities.

The home features large living areas, spacious bedrooms, and a functional floor plan that could become a comfortable family home with the right updates and improvements.

For buyers interested in affordable real estate, renovation projects, rental investments, or first-time homeownership opportunities, this Mississippi property offers a budget-friendly starting point with solid potential.

Property Details 
Price$49,680
Location44159 Highway 28, Georgetown, MS 39078
Bedrooms3
Bathrooms1
Square Footage1,904 sqft
Property TypeFixer Upper Home

Property Overview

Located in Georgetown, Mississippi, this affordable fixer upper offers approximately 1,904 sqft of living space with 3 bedrooms and 1 bathroom.

The home is being sold as-is and will require repairs and updates, but buyers with vision may see strong potential in the spacious layout and affordable price point.

Large room sizes throughout the property create a strong foundation for renovation projects while offering flexibility for modern updates and customization.

Properties under $50,000 with this much interior space continue to attract buyers searching for affordable investments, fixer uppers, or budget-friendly homeownership opportunities.

Interior Features

Inside, the home includes a large entrance foyer that creates a welcoming first impression and adds extra character to the interior layout.

The oversized living and dining combination provides plenty of open space for entertaining, family gatherings, or future redesign possibilities.

The kitchen includes generous counter space along with a double oven and dishwasher, creating a practical setup with room for modernization and improvements.

Just off the kitchen is a smaller bonus room that could function well as a mudroom, breakfast nook, pantry, or additional storage space depending on the owner’s needs.

Outdoor Features

Outside, the property includes a storage building that adds additional functionality for tools, equipment, hobby space, or workshop use.

The simple outdoor setup creates opportunities for landscaping improvements, gardening, outdoor seating areas, or future property upgrades.

Properties like this often appeal to buyers looking for affordable homes with enough outdoor space to gradually personalize and improve over time.

The home’s location along Highway 28 also provides easy accessibility while still maintaining a quieter small-town atmosphere.

Location & Lifestyle

Located in Georgetown, Mississippi, this property offers small-town Southern living with affordable housing opportunities and renovation potential.

Mississippi continues to attract buyers searching for inexpensive real estate, country homes, and investment opportunities because of its affordability and lower cost of living.

The home could work well for buyers wanting a full-time residence, rental property, flip opportunity, or affordable starter home with room to build equity through renovations.

An additional benefit is that owner financing may reportedly be available with approved credit and down payment terms, creating even more accessibility for potential buyers.

Final Thoughts

For just $49,680, this Mississippi fixer upper offers a rare opportunity to purchase a spacious home at a very affordable price point.

The combination of large rooms, functional layout, renovation potential, and possible owner financing helps make this property stand out among many low-cost listings currently on the market.

Buyers searching for a budget-friendly investment or affordable home renovation project may find tremendous value in everything this Georgetown property offers.

With its spacious interior, flexible layout, and strong potential for improvement, this Mississippi home feels like an excellent opportunity for the right buyer ready to bring it back to life.

If you need more info, contact the listing agent from the Zillow link below the photos.

Listed on Zillow

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