$24,900 Fixer-Upper in Jackson, Mississippi: 3-Bedroom Ranch Home on a Spacious 0.69-Acre Lot

For buyers and real estate investors searching for an affordable fixer-upper in Mississippi, 407 Alta Woods Blvd, Jackson, MS 39204 is a property that immediately attracts attention. With an asking price of just $24,900, this single-family residence offers three bedrooms, two full bathrooms, approximately 1,734 square feet of living space, and a surprisingly large 0.69-acre lot.

Built in 1950, the property is a one-story ranch-style home located in the Alta Woods Park subdivision of Jackson. The home is being offered “AS IS” with no repairs or warranties, and the listing makes it clear that renovation will be required. In particular, the kitchen has sustained damage and will need repair or replacement, while additional areas throughout the property may also need updating.

For buyers specifically seeking a move-in-ready residence, this home may involve more work than they want to undertake. For investors, contractors, experienced DIY renovators, or buyers interested in creating a home around their own design preferences, however, the combination of a low asking price, substantial square footage, three-bedroom layout, and large lot makes the property worth examining more closely.

The key is understanding that the $24,900 purchase price is only the beginning of the financial equation. Renovation expenses, inspections, insurance, taxes, financing, permits, utility work, and unexpected repairs all need to be considered before deciding whether this Jackson property makes sense as a project.

Property Overview: 407 Alta Woods Blvd, Jackson, MS

Located at 407 Alta Woods Blvd, Jackson, Mississippi 39204, the home was listed for sale on September 24, 2026.

The main property details include:

Asking Price: $24,900
Property Type: Residential Single-Family Residence
Architectural Style: Ranch
Bedrooms: 3
Bathrooms: 2 full bathrooms
Living Area: Approximately 1,734 square feet
Lot Size: Approximately 0.69 acres
Year Built: 1950
Stories: One
Price Per Square Foot: Approximately $14
Roof: Asphalt
Exterior: Wood siding, with asbestos also identified among the listed materials
Foundation: Brick/mortar and slab
Heating: Forced air
Cooling: Ceiling fans listed
Flooring: Tile and wood
Water: Public
Sewer: Public sewer
HOA: None
Subdivision: Alta Woods Park
Tax Assessed Value: $35,220
Reported Annual Property Tax: $1,027
Parcel Number: 213289

At approximately $14 per square foot, the property is positioned as a renovation opportunity rather than a conventional turnkey home.

Why This $24,900 Jackson Home Stands Out

The asking price is the first feature likely to capture attention.

Finding a detached single-family property with more than 1,700 square feet of interior space for under $25,000 is unusual enough to make bargain-home hunters take a closer look.

However, the low price reflects the home’s condition.

The listing specifically encourages buyers to “bring your vision” and states that the existing interior can be reworked to meet modern needs and preferences. It also discloses damage to the kitchen and warns that other areas may require additional updates.

That means buyers should avoid evaluating this property purely by comparing its $24,900 price with completed homes.

A more realistic comparison involves determining the home’s total cost after renovation.

For example:

Purchase Price + Closing Costs + Inspections + Immediate Repairs + Renovation + Permits + Financing + Insurance + Taxes + Contingency = Estimated Total Project Cost

That total is far more important to an investor or owner-occupant than the acquisition price alone.

1,734 Square Feet Provides Significant Renovation Potential

One of the property’s most interesting characteristics is its size.

The house contains approximately 1,734 square feet of interior living space, providing considerably more room than many inexpensive fixer-uppers.

A three-bedroom, two-bathroom layout within 1,734 square feet can offer enough space for a comfortable primary residence while also providing flexibility for future occupants.

Depending on the existing floor plan and structural limitations, renovation could potentially improve the flow between living spaces, update the kitchen and bathrooms, refresh bedrooms, improve storage, and modernize finishes.

Because this is an existing structure, buyers should have qualified professionals determine which walls or features are structural before considering major layout changes.

A renovation does not necessarily require changing everything. In some cases, preserving a functional layout while updating damaged or outdated components can be more economical than extensively reconfiguring the house.

Three Bedrooms Offer Flexible Living Options

The home includes three bedrooms, a configuration that can appeal to several types of buyers.

For a household, the rooms could function as traditional bedrooms. For someone needing fewer sleeping areas, a secondary bedroom could become a home office, guest room, hobby space, study, exercise room, or multipurpose area.

From an investment perspective, bedroom count can also influence rental and resale considerations.

However, investors should research the local Jackson market rather than assuming that a three-bedroom home will automatically produce a particular rental rate or resale value.

Property condition, location, renovation quality, comparable homes, economic conditions, and tenant or buyer demand all influence value.

Two Full Bathrooms

The property has two full bathrooms, which is another practical feature for a three-bedroom house.

If the bathrooms are structurally sound, a renovation might focus on cosmetic improvements such as flooring, vanities, lighting, mirrors, fixtures, paint, and shower or bathtub finishes.

If plumbing or water damage is present, the work could become considerably more extensive.

Before setting a renovation budget, buyers should determine the condition of water supply lines, drains, fixtures, ventilation, subflooring, and surrounding walls.

Bathrooms are relatively small spaces, but complete bathroom renovations can represent a significant portion of a project’s overall budget.

The Kitchen Will Require Attention

The listing specifically identifies kitchen damage and states that the kitchen will require repair or replacement as part of the renovation.

For many buyers, this will be one of the most important areas to investigate.

Kitchen renovation expenses can vary dramatically depending on the extent of the damage and the desired finish level.

Potential costs may involve cabinetry, countertops, flooring, plumbing, electrical work, lighting, wall repairs, appliances, sinks, faucets, ventilation, and painting.

Because no appliances are included with the property, a future owner should also budget for essential kitchen equipment.

The advantage is that a damaged kitchen provides an opportunity to redesign the space rather than paying for an existing kitchen that would eventually be replaced anyway.

A buyer could potentially create a more functional layout with modern storage, efficient work areas, durable surfaces, and updated lighting.

Whether changing the existing layout makes financial sense would depend on plumbing, electrical locations, structural considerations, and the overall renovation budget.

A Large 0.69-Acre Lot

One feature that distinguishes this property from many inexpensive urban houses is the amount of land.

The house sits on approximately 0.69 acres.

For a property priced at $24,900, that is a substantial amount of outdoor space.

A larger lot can provide room for landscaping, gardens, outdoor recreation, seating areas, or other improvements. Depending on local regulations, it might also offer possibilities for accessory structures or other uses.

Those possibilities should never be assumed solely from lot size.

Zoning, building setbacks, utility easements, drainage requirements, deed restrictions, and local building codes can determine what can actually be constructed or modified.

Anyone considering an addition, workshop, garage, storage building, fence, or other significant improvement should verify requirements with the appropriate local authorities before purchasing.

Classic One-Story Ranch Design

The home is identified as a ranch-style property with one level.

Ranch homes became particularly popular in the United States during the middle of the 20th century, and their single-story layouts remain attractive to many homeowners.

A one-level design eliminates the need for interior stairs between primary living areas.

From a renovation perspective, a single-story house can also make certain construction and maintenance tasks more straightforward than in a multi-level property.

The existing architecture could potentially be refreshed while preserving the home’s original mid-century character.

Exterior paint or siding work, landscaping, updated lighting, doors, windows, and other improvements can significantly influence the appearance of an older ranch house.

Built in 1950: What Buyers Should Investigate

Because the property was built in 1950, buyers should approach the renovation with the age of the building in mind.

A house that is more than 75 years old may contain systems or materials from several different periods, especially if previous owners completed renovations over the decades.

A professional inspection may help identify the condition of the electrical system, plumbing, roof, foundation, framing, windows, drainage, and other components.

Buyers should also investigate whether previous modifications were completed properly and whether additional specialist evaluations are recommended.

Age itself does not determine whether a house is a good or bad investment. The current condition of its individual systems matters much more.

Listed Construction Materials Include Asbestos

One particularly important detail is that asbestos is identified among the property’s listed construction materials.

This deserves careful attention during due diligence.

Asbestos-containing materials were historically used in various building products. Their presence does not automatically mean that every part of the home contains asbestos or that every material must be removed.

However, renovation or demolition can disturb building materials.

Before beginning work that could affect suspected asbestos-containing materials, buyers should consider obtaining appropriate professional evaluation and follow applicable safety requirements and regulations.

This is particularly important for a property that already requires substantial renovation.

A qualified professional can provide property-specific guidance based on the actual materials present and the planned scope of work.

Wood Siding and Asphalt Roof

The property is also described as having wood siding and an asphalt roof.

Both should be carefully evaluated during an inspection.

Wood siding can provide attractive traditional character, but its condition can be affected by moisture, age, insects, maintenance history, and exposure to weather.

Buyers should look for deterioration, damaged sections, moisture problems, and areas that may require repair or replacement.

The asphalt roof should similarly be evaluated for age and condition.

A roof inspection can help identify damaged shingles, leaks, flashing problems, decking concerns, or drainage issues.

Roof replacement can be a major renovation expense, so understanding its condition before purchasing can substantially improve budgeting accuracy.

Brick/Mortar and Slab Foundation

The listing identifies the foundation as brick/mortar and slab.

Foundation condition is one of the most important elements to investigate when evaluating an older property.

Visible cracking, uneven flooring, moisture, drainage problems, movement, or other warning signs may warrant further examination by an appropriate professional.

Not every crack represents a major structural issue, but foundation problems can be expensive when significant repairs are required.

For a $24,900 property, an unexpected structural expense could dramatically change the economics of the project.

Existing Forced-Air Heating

Unlike some extremely inexpensive renovation properties that have no heating equipment listed, this home identifies forced-air heating.

That is useful information, but buyers should still verify whether the system currently works and determine its age and condition.

An older heating system may require servicing, repairs, or replacement.

Energy efficiency is another consideration.

During a substantial renovation, improvements to insulation, windows, air sealing, and mechanical equipment can potentially affect future utility costs and indoor comfort.

The appropriate upgrades should be determined based on professional evaluation and the renovation budget.

Cooling Information Deserves Verification

The listing identifies ceiling fans under cooling rather than specifying a conventional central air-conditioning system.

Given Jackson’s climate, prospective buyers should verify exactly what cooling equipment is installed and operational.

If central air conditioning is absent or unusable, adding an appropriate cooling system could become another major project expense.

Buyers might investigate central HVAC, heat-pump systems, ductless mini-splits, or other options depending on the home’s existing infrastructure.

Electrical capacity, ductwork, insulation, house layout, installation costs, and efficiency should all factor into that decision.

Tile and Wood Flooring

The home is listed as having a combination of tile and wood flooring.

Original or older wood flooring can sometimes become an attractive feature after professional repair and refinishing, assuming its condition permits restoration.

Tile may also be reusable in some areas.

However, listing information alone cannot establish the condition of either material.

Water damage, structural movement, subfloor problems, previous modifications, or general wear could require partial or complete replacement.

An inspection of the actual flooring and subfloor is therefore more useful than assuming that existing surfaces can automatically be retained.

Wood-Framed Windows

The listing identifies wood window frames.

Wood windows can add character to an older home, but they require maintenance and may deteriorate over time.

Buyers should examine them for rot, moisture damage, broken glass, air leakage, damaged hardware, and operational problems.

Some windows may be candidates for repair, while others could require replacement.

For renovation budgeting, it is helpful to know the number and approximate dimensions of windows that need work because replacement costs can accumulate quickly across an entire house.

Public Water and Sewer

The property is connected to public water and public sewer, according to the listing.

Electricity, natural gas, and water are also identified as available utilities, with electric service listed on the property.

These are important advantages for a renovation project, although availability does not necessarily guarantee that every existing line or system is currently functional.

Buyers should verify utility status and investigate the condition of plumbing, sewer connections, electrical service, and gas infrastructure where relevant.

Major repairs to underground or internal utility systems can substantially affect a renovation budget.

No HOA Fees

The property is located in the Alta Woods Park subdivision, but the listing states that there is no HOA.

For buyers trying to minimize recurring housing expenses, the absence of homeowners association dues may be attractive.

Nevertheless, municipal codes, zoning regulations, permitting requirements, and other restrictions still apply.

No HOA should not be interpreted as unlimited freedom to modify the property.

Understanding the $14 Per Square Foot Asking Price

With an asking price of $24,900 and approximately 1,734 square feet, the property is offered at roughly $14 per square foot.

That number appears exceptionally low, but condition matters enormously in real estate.

A renovated 1,734-square-foot house and a 1,734-square-foot house requiring substantial repairs are not equivalent properties simply because their dimensions are similar.

Investors should compare the home with appropriate nearby properties in similar condition as well as completed properties when estimating a possible after-repair value.

Recent closed sales are generally more informative than asking prices because they show what buyers actually paid.

Tax Assessed Value and Property Taxes

The listing reports a tax assessed value of $35,220 and annual property taxes of approximately $1,027.

The assessed value is higher than the $24,900 asking price, but that difference should not automatically be interpreted as built-in equity.

Tax assessments and open-market property values serve different purposes and may be calculated differently.

The home’s condition can also substantially affect its market value.

Prospective buyers should verify current property-tax information and investigate whether renovation or a future reassessment could affect annual taxes.

What “Sold AS IS — No Repairs or Warranties” Means for the Project

One of the most important statements in the listing is that the property is being sold “AS IS NO Repairs or Warranties.”

That wording should reinforce the importance of independent due diligence.

Buyers should not build their financial plans around the assumption that the seller will repair the kitchen, replace damaged components, update mechanical systems, or correct other problems.

Instead, the project should be evaluated based on its present condition.

The purchase contract should be reviewed carefully so the buyer understands the specific terms of the transaction.

Potential as a Fix-and-Flip Project

A property priced below $25,000 may naturally attract house flippers, but a low purchase price does not guarantee a profitable flip.

The most important number for an investor is not simply the acquisition cost.

A potential investor needs to estimate the after-repair value, or ARV, based on appropriate comparable sales.

From that figure, the investor would need to account for purchase costs, renovation, financing, insurance, property taxes, utilities, permits, holding costs, real estate commissions where applicable, closing costs, and a contingency for unexpected expenses.

Only after performing that analysis can an investor determine whether the project fits their financial objectives.

Could It Become a Rental Property?

Another possible strategy would be renovating the property for long-term rental use.

A three-bedroom, two-bathroom house with 1,734 square feet and a large lot may have characteristics that some renters value.

But rental potential should be based on actual local data.

Investors should research comparable rental properties in Jackson and calculate expected income against property taxes, insurance, maintenance, vacancy, management, repairs, and capital expenditures.

The property should also meet applicable housing and safety requirements before occupancy.

Renovating for Personal Use

Not every inexpensive property needs to be treated as an investment.

A buyer with renovation experience could potentially purchase the home with the intention of creating a personalized residence.

The advantage of a substantial renovation is the opportunity to make deliberate choices about the kitchen, bathrooms, flooring, lighting, paint, fixtures, storage, landscaping, and mechanical systems.

Instead of paying a premium for another owner’s renovation choices, a buyer can potentially direct the project toward their own preferences.

The tradeoff is time, uncertainty, construction management, and financial risk.

Budget Beyond the $24,900 Asking Price

Anyone seriously considering 407 Alta Woods Blvd should build a detailed project budget.

Potential expenses could include inspections, closing costs, kitchen reconstruction, bathroom improvements, roofing, siding repairs, HVAC work, electrical upgrades, plumbing, windows, flooring, painting, asbestos-related professional evaluation or work where necessary, appliances, landscaping, permits, insurance, taxes, and unexpected repairs.

A contingency reserve is particularly important with older properties because some problems only become visible after renovation begins.

A low acquisition price can create room in a budget, but only if the remaining work is understood realistically.

Professional Inspections Could Be Especially Valuable

For a 1950 home being sold as-is, appropriate professional inspections can provide valuable information before a buyer commits substantial money.

The roof, foundation, electrical system, plumbing, heating and cooling equipment, windows, exterior materials, moisture conditions, drainage, and structural components all deserve attention.

The disclosed kitchen damage and listed asbestos material make careful evaluation even more relevant.

Depending on initial findings, specialized inspections may also be appropriate.

The goal is not necessarily to find a perfect house. A fixer-upper is expected to have problems.

The goal is to understand those problems well enough to create a realistic budget.

Is 407 Alta Woods Blvd Worth Considering?

That depends entirely on the buyer’s objectives and the property’s actual condition.

The listing combines several notable characteristics: an asking price of $24,900, approximately 1,734 square feet, three bedrooms, two bathrooms, a single-story ranch layout, and approximately 0.69 acres of land.

Those figures can make the property interesting to renovation-focused buyers.

At the same time, the damaged kitchen, potential need for broader updates, age of the home, listed construction materials, cooling considerations, and as-is sale terms should be treated seriously.

A buyer who obtains reliable inspections and contractor estimates will be in a much stronger position to evaluate the opportunity than someone making a decision based primarily on the low asking price.

Final Thoughts on This $24,900 Jackson, Mississippi Fixer-Upper

407 Alta Woods Blvd, Jackson, MS 39204 represents the type of real estate listing that demonstrates how much property can sometimes be offered at the lower end of the housing market when significant renovation is required.

For $24,900, the listing offers a three-bedroom, two-bathroom ranch home with approximately 1,734 square feet of living space on a 0.69-acre lot.

Built in 1950, the house includes wood and tile flooring, wood-framed windows, forced-air heating, an asphalt roof, public water and sewer, and no listed HOA.

The major attraction is obvious: price, space, and land.

The major consideration is equally clear: condition.

The kitchen requires repair or replacement, additional improvements may be necessary throughout the house, and the property is being sold as-is without repairs or warranties. Asbestos is also identified among the listed construction materials, making appropriate professional evaluation important before renovation work that could disturb suspect materials.

For an experienced investor, contractor, DIY renovator, or buyer willing to manage a substantial project, the property could be worth researching further. The large lot and 1,734-square-foot footprint provide numerous possibilities for improvement, but the financial outcome depends on renovation costs and the surrounding real estate market.

Before purchasing, prospective buyers should verify the home’s physical condition, title information, taxes, insurance availability, utility status, zoning, permit requirements, renovation costs, and comparable sales. Buyers considering rental or resale should independently research realistic local market values rather than relying solely on the asking price or tax assessment.

Ultimately, the $24,900 price tag is only the opening chapter of this property’s story. The more meaningful figure is the total amount required to purchase, repair, modernize, and maintain the home.

For buyers prepared to perform that due diligence, 407 Alta Woods Blvd offers something increasingly difficult to find: a full-size detached house on a substantial parcel of land at an entry price below $25,000.

 

 

Listed on Zillow