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Single Family ResidentialResidential
$413,410$118 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

403 AMERICAN RIVER DR

LAKE CORMORANT, MS 38641
3
Beds
0
Baths
3,489 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.99 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$413K
$384K low$443K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$413,410
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$330,728

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,764 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$45,627 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$40,227
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$45,627
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$304,181

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyDeSoto
Lot (acres)The size of the land the home sits on, from county records.0.99
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Shingle
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 125 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Lake Cormorant High SchoolB
High · Grades 9–12 · 2.4 mi
E
Lake Cormorant Elementary SchoolB
Elementary · Grades KG–5 · 2.9 mi
M
Lake Cormorant Middle SchoolD+
Middle · Grades 6–8 · 3.0 mi

District: Desoto County School District

Neighborhood · ZIP 38641These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.148
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.159
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.198

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.4,044
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.51 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$65,944
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$83,892
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

403 American River Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 82% of homes in DeSoto County
  • Costs less per square foot than 88% of homes in DeSoto County
  • Bigger than 90% of homes in DeSoto County
  • Has a smaller lot than 84% of homes in Lake Cormorant 38641
  • Newer than 70% of homes in Lake Cormorant 38641

What homes are worth in Lake Cormorant 38641

Each bar is how many homes fall in that price range. The marker is this home.

This home
$150K$782K

This home is worth more than 75% of homes in Lake Cormorant 38641.

How it measures up in Lake Cormorant 38641

The dot is this home. The mark in the middle is the typical home in Lake Cormorant 38641.

Estimated value$413,410
CheaperTypical $318,167Pricier

Pricier than 75% of homes nearby

Price per ft²$118
CheaperTypical $137Pricier

Pricier than 20% of homes nearby

Living area3,489 ft²
SmallerTypical 2,273 ft²Bigger

Bigger than 86% of homes nearby

Lot size0.99 ac
SmallerTypical 2.5 acBigger

Bigger than 16% of homes nearby

Year built2005
OlderTypical 2000Newer

Newer than 70% of homes nearby

How 403 American River Dr ranks against every home in each area.
MeasureThis homeLake Cormorant 38641DeSoto County
Estimated valuepricier than$413,41075% of homes82% of homes
Price per ft²pricier than$11820% of homes12% of homes
Living areabigger than3,489 ft²86% of homes90% of homes
Lot sizebigger than0.99 ac16% of homes74% of homes
Year builtnewer than200570% of homes65% of homes

About 403 American River Dr

How much is 403 American River Dr, Lake Cormorant, MS worth?

The TopHap Estimate for 403 American River Dr, Lake Cormorant, MS is $413,410 as of Jul 14, 2026. The likely range is $384,250 to $442,570. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 403 American River Dr, Lake Cormorant, MS?

403 American River Dr, Lake Cormorant, MS has 3 bedrooms, 3,489 square feet of living space and a 0.99-acre lot.

When was 403 American River Dr, Lake Cormorant, MS built?

403 American River Dr, Lake Cormorant, MS was built in 2005, making it 21 years old. The building has 1 story.

What schools serve 403 American River Dr, Lake Cormorant, MS?

403 American River Dr, Lake Cormorant, MS is assigned to Lake Cormorant High School (high), rated B; Lake Cormorant Elementary School (elementary), rated B; Lake Cormorant Middle School (middle), rated D+. All sit in Desoto County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 403 American River Dr, Lake Cormorant, MS compare to other homes in Lake Cormorant 38641?

Among the 995 homes in Lake Cormorant 38641, it is worth more than 75% of them ($413,410 against a typical $318,167), its price per square foot is higher than 20% of them ($118 against a typical $137), it is bigger than 86% of them (3,489 ft² against a typical 2,273 ft²), its lot is bigger than 16% of them (0.99 ac against a typical 2.5 ac) and it is newer than 70% of them (2005 against a typical 2000). Measured against all of DeSoto County, it is worth more than 82% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 403 American River Dr, Lake Cormorant, MS?

The 2025 property tax bill for 403 American River Dr, Lake Cormorant, MS was $3,764. The county assessed it at $45,627.

Closest homes

More homes in Lake Cormorant 38641

Assigned schools

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