5 Properties Under $500K for Sale in Alabama & Mississippi

Unlock the doors to your Southern dream with 5 exceptional properties currently on the market in the enchanting states of Alabama and Mississippi, where charm and affordability converge in the world of real estate.

1-0 Apache Dr NW | $450,000

1-0 Apache Dr NW, Huntsville, AL
Listing agent: Beth Sturm

Beautiful wooded land along mountain ridge top in established neighborhood. Great location for a Boutique Community with amazing views.


Size: 12 acres


Price: $450,000


Listing details: Property previously was platted and approved for 13 residential homesites.


Contact: Beth Sturm, Weichert Realtors, +1 256-363-0253

261 Grey Oaks Dr | $495,000

261 Grey Oaks Dr, Pelham, AL
Listing agent: Robyn Sirmans

Welcome to the beautiful and highly sought after Grey Oaks community in Pelham, Alabama! This five-bedroom, three-bath home is just waiting for a new family to love. A beautiful staircase greets you as you enter the front door, leading to a vaulted two-story family room—perfect for entertaining!


Size: 2,130 sf


Price: $495,000


Listing details: The main floor is home to the master suite, as well as a guest room and an additional full bath. Upstairs, you’ll find the remaining three bedrooms, along with the third full bath. The home has hardwood floors throughout the main level, with carpet in the upstairs bedrooms. If you enjoy spending time outside, you’ll love the screened in patio out back!


Contact: Robyn Sirmans, Sirmans Realty Inc., +1 205-238-4454

Beautiful Lake Home | $499,900

28437 Us Highway 431 #2, Grant, AL
Listing agent: Joanna Pullen

Open House this Sunday October 8th 2-4!!! Beautiful lake home just 17 minutes from Hampton Cove. This lake gem features quartz countertops in kitchen and bathrooms, crown molding, dumb waiter, glamor bath and a cooks kitchen! The home has been recently remodeled with new state of the art appliances, new flooring, new water heater and more!


Size: 2,270 sf


Price: $499,900


Listing details: You can enjoy your lake view from the kitchen and dining room. This home features a garage that’s perfect to house your car, boat, jetski or storage. Lake living at its best Come see for yourself this home will not last!


Contact: Joanna Pullen, Keller Williams, +1 256-348-7227

735 Gillespie St | $434,900

735 Gillespie St, Jackson, MS
Listing agent: Marjorie B Underwood

You are invited to come and see this beautiful Belhaven home built in 1922 by J. R. Fetterman, a lumber broker. This lovely home has many special features and is light and airy and charming. The house combines the simplicity of life in the 1920’s and the conveniences of modern comforts.


Size: 3,690 sf


Price: $434,900


Listing details: Thanks to Mr. Fetterman, there are no foundation problems or settlement issues! Three bedrooms, three full and one half baths, 3680 sq. feet.


Contact: Marjorie B Underwood, Charlotte Smith Real Estate Inc., +1 601-982-7998

Colonial Charm | $383,500

100 S Franklin Ave, Luverne, AL
Listing agent: Bridgett Hooks

This historic colonial house, constructed in 1929 by Frank Lockwood, known for designing parts of the Alabama State Capitol, is a must-see gem in Luverne. Nestled on nearly 2 acres, it offers privacy and a ranch-like ambiance. The home boasts original features, including fireplaces, plantation shutters, and intricate details.


Size: 4,200 sf


Price: $383,500


Listing details: The first floor encompasses a formal dining room, living room, study, Florida room, open kitchen, and more. Upstairs, you’ll find three bedrooms and two baths, with the master bedroom featuring a fireplace and a private balcony. The third floor houses a versatile space, including a library, office, and laundry room.


Contact: Bridgett Hooks, Wiregrass Home Team, +1 334-389-7970

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