318 Wallace Dr, Coldwater, MS 38618
OFF MARKET

$602,400

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,800 sqft (on 29 acres)

318 Wallace Dr, Coldwater, MS 38618

Est. Refi. Payment $3,601/mo*
Refinance Your Home

Home Value

Trulia Estimate
$602K
Since last month
Increased$10K (+1.7%)
Since last year
Increased$7K (+1.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +62% in the last 10 years
MonthEstimated value
2026
August 2026$604K
August 2026$603K
July 2026$594K
June 2026$604K
May 2026$604K
April 2026$605K
March 2026$590K
February 2026$583K
January 2026$574K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.31
Single-Family Home
-
05/29/26
5
5
5,097
0.17
Single-Family Home
-
07/22/26
3
2
1,900
0.66
Single-Family Home
-
08/19/26
5
2.5
2,433
1.44
Single-Family Home
-
12/22/25
3
2
1,558
1.81
Single-Family Home
-
01/09/26
2
1
1,100
3.14
Single-Family Home
-
11/04/25
4
3
2,253
3.45
Single-Family Home
-
02/18/26
4
3.5
2,887
2.99
Single-Family Home
-
02/20/26
3
2
2,133
3.38
Single-Family Home
-
11/07/25
5
3
2,556
3.55
Single-Family Home
-
10/29/25
4
3
2,791

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.17
-
3
2
1,900
Recently Sold
0.19
-
-
-
-
Recently Sold
0.31
-
5
5
5,097
Recently Sold
0.29
-
-
-
-
Off Market
0.41
-
-
-
-
Off Market
0.66
-
5
2.5
2,433
Recently Sold
0.78
$215,200
3
1
1,652
Off Market
0.89
$447,200
4
3.5
3,106
Off Market
1.13
-
-
-
-
Off Market
1.10
$70,900
3
1.5
741
Off Market
1.22
$205,100
3
2
1,839
Off Market
1.27
$352,500
4
1.5
2,226
Off Market

Local Information

  • Map ViewExplore the area around 318 Wallace Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2005
29 acre lot
2,800 sqft
$215/sqft

About this House

THIS COUNTRY ESTATE IS LOCATED ON A DEAD-END ROAD WITH HOME NOT VISIBLE FROM THE ROAD, JUST 40 MILES SOUTH OF MEMPHIS, TN. YOU WILL FIND 29 MANICURED ACS., 3 LAKES AND A 4000 SF COMMERCIAL BUILDING. ALL LAKES STOCKED WITH BASS, BREAM, CRAPPIE & CATFISH AND ALL PONDS HAVE PRESSURE TREATED DECKS. ROADS ON THE PROPERTY ARE 10' WIDE CHIP & SEAL SURFACED. THERE ARE 2-3 MILES OF TRAILS FOR WALKING THROUGH THE WOODED AREAS & FIELDS. DEER, RABBITS, SQUIRRELS, RACCOONS & CANADIAN GEESE CALL THIS PLACE HOME. ON THE GROUNDS YOU WILL FIND MUSCADINES, BLACKBERRIES, PERSIMMONS AND HICKORY TREES. ALL THE ACREAGE IS MANICURED & LANDSCAPED. THE COMMERCIAL BUILDING OFFERS 5 OFFICES,ENTRANCE HALL, KITCHEN/CONFERENCE ROOM, FULL BATH, NICE COVERED FRONT PORCH AND 25OO SF WAREHOUSE-SHOP WITH PLENTY OF PARKING. YOU WILL LOVE THIS HOME ON ONE LEVEL WITH EAT-IN KITCHEN,FORMAL DINING ROOM, 4TH BEDROOM COULD BE OFFICE SPACE. EVERY ROOM HAS GREAT DETAILS YOU WILL BE SURE TO ADMIRE. FAMILY ROOM PATIO DOORS LEAD TO 16 X 48 CONCRETE PATIO AND BACK YARD WITH 30 FT. POOL AND 16 X 16 PRESSURE TREATED DECK WITH SUN AWNING. EVERY WINDOW IN THE HOUSE HAS GREAT VIEWS OF THE PROPERTY.
318 Wallace Dr, Coldwater, MS 38618 is a 4 bedroom, 3 bathroom, 2,800 sqft single-family home built in 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $602,400, with a rent estimate of $2,479/month.

Home Details for 318 Wallace Dr

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherMicrowave
Levels, Entrance, & Accessibility
Floors: Tile, Carpet

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickFoundation Type: SlabPatio

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 29.00 acres

Price and Tax history

DateEventPrice
May 12, 2016
Source: Agent Provided
ListingRemoved
$950,000
Apr 1, 2015
Source: Agent Provided
Listed For Sale
$950,000
Feb 4, 2015
Source: Agent Provided
ListingRemoved
$815,000
Jan 18, 2015
Source: Agent Provided
Listed For Sale
$815,000
Nov 28, 2014
Source: Agent Provided
ListingRemoved
$815,000

Market trends in Coldwater

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
25
2
MoM

Around this home

What Locals Say about Coldwater

At least 6 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 89 % Say car is needed

  • 67 % Say kids play outside

  • 64 % Say there's holiday spirit

  • 50 % Say it's quiet

  • 44 % Say neighbors are friendly

  • 40 % Say there's wildlife

  • 40 % Say people would walk alone at night

  • 36 % Say they plan to stay for at least 5 years

  • 29 % Say there are sidewalks

  • 25 % Say it's dog friendly

  • 13 % Say there are community events

  • 10 % Say it's walkable to restaurants

  • 10 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Dulin.georgia
    "There are no community events that make Coldwater neighborhood special. In fact there are no community events at all. This is a very rural community."
  • Jennifer.m.guy
    "I live far from everything. Luckily, with the exception of a slow tractor or two, there usually isn’t any traffic to speak of. "

LGBTQ Local Legal Protections

Frequently asked questions about 318 Wallace Dr

  • What is 318 Wallace Dr estimated to be worth?
    Trulia's estimated value for 318 Wallace Dr in Coldwater, MS is $602,400.
  • Is Coldwater a buyer's or seller's market?
    Coldwater is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Coldwater?
    Residents describe Coldwater, MS as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Coldwater, MS.
  • What are the closest schools to 318 Wallace Dr?
    The closest schools to 318 Wallace Dr in Coldwater, MS are East Tate Elementary School (rated 4/10), Independence High School (Middle, rated 2/10).
  • How big is the lot at 318 Wallace Dr?
    The lot at 318 Wallace Dr in Coldwater, MS is about 29 acres.

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