Deepwater Homes under $200,000

Welcome to Deepwater, Missouri – a hidden gem nestled in the heart of Henry County! This charming small town offers a unique blend of rural tranquility and community spirit, making it an ideal place to call home. With its picturesque landscapes, friendly neighbors, and rich local history, Deepwater embodies the essence of Midwestern living.

Deepwater boasts a variety of outdoor activities, including fishing and boating at nearby Truman Lake, which is just a stone's throw away. Whether you're looking to enjoy a peaceful afternoon by the water or embark on an adventurous hike through the surrounding woods, Deepwater provides ample opportunities for nature enthusiasts. The town’s close-knit community hosts seasonal events and festivals, ensuring that there’s always something happening to bring residents together.

For those seeking affordable housing options, Deepwater is an excellent choice. With homes priced under $200,000, you can find charming residences that fit your budget without compromising on comfort or style. From cozy single-family homes to quaint cottages, the real estate market here offers a variety of choices for first-time buyers, families, and retirees alike.

Living in Deepwater means enjoying a slower pace of life, where you can savor the simple pleasures of the community while still having access to larger cities like Clinton and Kansas City. If you’re ready to discover the warmth and charm of Deepwater, Missouri, let us help you find the perfect home that meets your needs and dreams. Your new adventure awaits!

Newest Deepwater Homes under $200,000

$160,000

4 Beds ⋅ 2 Baths

Old world charm meets quiet country living near the Deepwater arm of Truman lake. Large corner lot with chicken coop in the backyard. Relax on a covered deck. Enjoy the extra storage from the enclosed unheated mud room attached to the back of the house with easy access to the deck. Located just five minutes south of Clinton with all it's shopping conveniences and restaurants available. Priced right with abundant space to use as a primary residence or lake getaway.

111 N 5th Street, Deepwater

Listing courtesy of John Clark of KC Vintage Realty LLC.

$134,900

3 Beds ⋅ 2 Baths

Discover comfortable living in this beautifully remodeled single-wide manufactured home, ideally situated on the edge of town. This charming residence features brand new windows throughout, enhancing natural light and energy efficiency. The heart of the home is a custom kitchen, offering modern amenities and stylish finishes perfect for any chef. Step outside to a meticulously maintained lot with a shaded backyard, providing a serene escape. Enjoy warm days by the above-ground pool, all within the privacy of a fully fenced yard. An additional shed offers convenient storage for all your outdoor essentials. This home combines the tranquility of a quiet location with easy access to town amenities.

845 S Carriage Drive, Deepwater

Listing courtesy of Kimberly Davis of Anstine Realty & Auction, LLC.

$125,000

If you’ve ever dreamed of having your own restaurant, bar, winery, hangout or entertainment venue, then this business opportunity is for you! Located in Deepwater, Mo., just minutes from Clinton, Mo., and right off Hgwy 13 to popular fishing, camping and outdoor activities of Truman Lake, this property is a package of 3 attached units – two street-front buildings + a fenced side lot. Deepwater welcomes your venue with business-friendly alcohol/entertainment permitting, too! The possibilities are endless! Unit #102 is a building previously operated as a bar/restaurant. It is currently set up as a foodservice space, and includes the bar with sinks, tables, chairs, bar stools, walk-in cooler and other food prep/service equipment. Behind is additional external storage and a kiosk stand. Street facing is approximately 27’ windowed with door. Unit #104 is adjacent to #102 and currently serves as a warehouse and operations office. It would be perfect for expanded foodservice space, a retail operation like a convenience store for lake-bound travelers or indoor banquet dining as an event space. This unit includes front windows and street-front door, as well as an overhead door at the back measuring approximately 16’ x 12’. The interior of the warehouse can be easily subdivide. Lot measures approximately 78’ wide x 96’. Attatched to Unit #104 is a rail-fenced lot perfect for outdoor entertainment and seating. It features street-front and side-lot access along C Street coming into Deepwater from Highway 13. Imagine lighting strung overhead, while customers relax at outdoor seating, enjoying a glass of wine or whiskey and listening to live music. The lot measures approx. 120’x32’. Rail fencing encloses the lot on three sizes, while the unique brick exterior of #104 sides the south. Buyer and buyer's agent are responsible to verify all info. including taxes, sq ft., lot size and boundary lines. Dimensions listed in here are estimates.

102/104 S 2nd Street, Deepwater

Listing courtesy of Tom O'Connor of Keller Williams Southland.

$58,900

3 Beds ⋅ 1 Baths

Located in the heart of Deepwater, this single-family home at 211 S 6th St. offers a practical layout with 3 bedrooms and 1 bathroom. The property sits on a generous lot, approx. 12,000 square feet providing plenty of outdoor space for gardening, storage, or weekend projects. Inside, you’ll find approx. 912 square feet of living area that serves as a solid foundation for anyone looking to settle into a quiet community. Whether you are looking for a manageable primary residence or a local investment opportunity, this property combines functional indoor space with the freedom of a larger-than-average town lot.

211 S 6th Street, Deepwater

Listing courtesy of Michael Zouglas of REO Xpress LLC.

Start Your Search

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use