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Southbranch

 

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Now Selling

  • Olive Branch, MS 38654
  • Available Now: 3
  • Sales Price: Starting at $394,995

Overview

Properties

Floor Plans

Location

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Overview

FIGURES

60 Homes
4+ Bedrooms
2.5+ Baths
2,217-2,848

ABOUT

The established master-planned community of Southbranch offers the perfect blend of education, convenience, natural beauty, and recreation. Located in the perpetually popular Memphis suburb of Olive Branch, Mississippi, Southbranch consists of exquisite, single-family residences on half-acre +/- parcels. Each floor plan is designed with function in mind to accommodate all stages of life, and each residence is masterfully built to stand the test of time. For families with young children, the highly acclaimed Pleasant Hill Elementary is just down the street. The middle school and high school are nearby, too. On Goodman Road, you’ll discover a plethora of options for shopping, dining, entertainment, and outdoor activities, such as golf. So whether you’re a local looking for a little more space near an array of amenities, or a family relocating to the area for the nearby schools, Meridian invites you to explore the best of suburban living at Southbranch.

BUILDER INCENTIVES AVAILABLE! — Contact our listing agents today for details.

FEATURES

Plat Map

Properties

There are 60 total homes in Southbranch. Currently, there are 3 properties for sale.

Active
$394,995
5293 Douglas Drive, Olive Branch, MS 38654
Community: Southbranch Lot: 294
Floor Plan: Blue Jay Side Load Front Elevation: C
bedroom 5 BDS
bathroom 3 BA
Home area 2,200 - 2,300 S.F.

This featured home represents the floor plan. Actual front elevation, color, and finishes may vary. For more information, please contact a sales agent.

Active
$394,995
5309 Douglas Drive, Olive Branch, MS 38654
Community: Southbranch Lot: 297
Floor Plan: Blue Jay Side Load Front Elevation: C
bedroom 5 BDS
bathroom 3 BA
Home area 2,200 - 2,300 S.F.

This featured home represents the floor plan. Actual front elevation, color, and finishes may vary. For more information, please contact a sales agent.

Active
$399,995
5323 Douglas Drive, Olive Branch, MS 38654
Community: Southbranch Lot: 299
Floor Plan: Dove Side Load Front Elevation: E
bedroom 5 BDS
bathroom 3 BA
Home area 2,200 - 2,300 S.F.

This featured home represents the floor plan. Actual front elevation, color, and finishes may vary. For more information, please contact a sales agent.

VIEW ALL Homes for Sale

Floor Plans

There are 14 available floor plans in Southbranch, ranging from 2,217-2,848.
Blue Jay Side Load
Front Elevation C
1666
5 BDS
3 BA
2,200 - 2,300 S.F.
Cypress Side Load
Front Elevation B
1794
5 BDS
3 BA
2,500 - 2,600 S.F.
Cypress Side Load
Front Elevation C
1794
5 BDS
3 BA
2,500 - 2,600 S.F.
Dove Side Load
Front Elevation E
1548
5 BDS
3 BA
2,200 - 2,300 S.F.
Dove Side Load
Front Elevation F
1548
5 BDS
3 BA
2,200 - 2,300 S.F.
Hazel Side Load
Front Elevation A
1520
4 BDS
2.5 BA
2,200 - 2,300 S.F.
Hazel Side Load
Front Elevation B
1520
4 BDS
2.5 BA
2,200 - 2,300 S.F.
Laurel Side Load
Front Elevation D
1826
5 BDS
3 BA
2,400 - 2,500 S.F.
Laurel Side Load
Front Elevation E
1826
4 BDS
3 BA
2,400 - 2,500 S.F.
Magnolia Side Load
Front Elevation A
1899
5 BDS
3.5 BA
2,800 - 2,900 S.F.
Magnolia Side Load
Front Elevation B
1899
5 BDS
3 BA
2,800 - 2,900 S.F.
Poplar Side Load
Front Elevation B
1748
5 BDS
3.5 BA
2,600 - 2,700 S.F.
Poplar Side Load
Front Elevation A
1748
5 BDS
3 BA
2,600 - 2,700 S.F.
Willow Side Load
Front Elevation A
1894
5 BDS
3 BA
2,900 - 3,000 S.F.

Location

  • Located in the coveted DeSoto County School District and within walking distance of the neighborhood elementary school.
  • Named one of the best place to live in America by Money magazine for five years.
  • Prime location, just north of Route 302/Goodman Road.
  • Offers all of the services and amenities of a big city within minutes, including local shops, big-box stores, and great dining options.
  • Home to Methodist Olive Branch Hospital, named to Newsweek’s 2021 list of “Best Maternity Hospitals.”
  • Beautiful parks and golf courses nearby.

    • Investor Calculator

    PROPERTY INCOME AND OPERATING EXPENSE DATA
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    Enter the Monthly Rent, Annual Property Tax and Annual Insurance Premium amounts here. The tax information is available on most county property tax websites. The insurance information is available from the insurance company. It is important to research whether or not the property is located in a homeowner’s association that carries Homeowner’s Association (HOA) fees. If so, enter the annual amount.
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    ACQUISITION AND DEBT SERVICE SUMMARY
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    Enter Purchase Price of the property. If you are financing the property, enter the Down Payment percentage here. For most investors, it’s usually a number between 20-30%. For a cash purchase, enter 100%. Next, enter the Closing Costs & Fees. If you are working with a lender, she can give you a good faith estimate for this line item.
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    ECONOMIC MODELING ASSUMPTIONS (PER YEAR, FOR 10 YEARS)
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    In this section, you need to make some assumptions about the property as indicated to the right. Vacancy Rate: Percentage of Gross Scheduled Income (GSI) or total annual rents possible per year. Maintenance Rate: Percentage of Gross Operating Income (GOI), or the income the property receives after accounting for vacancy. Property Management Rate: Percentage of GOI, the amount of rents actually collected by the property manager. Property Appreciation Rate: Your expectation of how the property value will appreciate. Expense Inflation Rate: The general economic inflation percentage rate. Sales Costs: Costs associated with selling property when it is finally sold, including sales commissions and closing costs. This is a one-time expense.
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    INVESTMENT AND DEBT SERVICE CALCULATIONS
    ?
    Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
    Property Purchase Price
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    Total Cash Investment
    DEBT SERVICE SUMMARY
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    Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
    Amount Financed
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    KEY FINANCIAL RATIOS (RETURN ON INVESTMENT)
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    Key Financial Ratios are calculated as 10-year averages to the right based on the data entered above. 10-Year Average Cash on Cash ROI – ten year average of cash on cash (CoC) return.Cash-On-Cash ROI + Debt Pay Down – this is the combined return of the debt pay down and the cash on cash return.10-Year Average Capitalization Rate – 10 year average of annual Net Operating Income of the property divided by its purchase price. This is the approximate annual CoC return for an all-cash purchase.10-Year Internal Rate of Return (IRR) – the annual return accounting for the amount invested, cash flow earned through rents, pay down of the mortgage loan, and appreciation realized from the sale of the property. IRR is an overall return on investment metric that accounts for the amount and timing of all cash flows disbursed and received each year.
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    Want a copy of the results?

    About the calculations

    The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected proforma returns on investment are intended for the purpose of illustrative projections to facilitate analysis and are not guaranteed by Meridian Pacific Properties, Inc. or its affiliates and subsidiaries. The information provided herein is not intended to replace or serve as a substitute for any legal,real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein.

    Monthly Rent *

    Represents the middle point of an expected rent range. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program. Please call Meridian Pacific Properties directly for more information.

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    *Your name, phone number, and email address are required so that we may contact you to schedule an appointment.
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