




522 Old Richton Rd, Petal, MS, 39465
About This Home
Opportunity is knocking—and it's loud. This 3-bedroom, 2-bath home with a versatile flex room sits on a sprawling 0.82-acre lot in the highly sought-after Petal School District, making it a prime target for investors, entrepreneurs, and visionaries alike. Whether you're searching for your next fix-and-flip, a cash-flowing rental, or the ideal location for a future office or boutique restaurant concept, this property delivers endless potential. Previously operating as a successful rental, the fundamentals are already in place—now it's ready for a refresh and a new chapter. Inside, you'll find original hardwood floors preserved beneath carpet, waiting to be revealed and restored to their former glory. Major improvements add confidence, including updated plumbing and HVAC, allowing you to focus your budget on design and value-add upgrades rather than costly systems. The home also offers generous storage throughout, a rare and valuable feature for both residential and commercial use. The property proudly retains its historic charm and character, offering a timeless foundation that blends beautifully with modern renovation possibilities. With generous room sizes and a flexible layout, the space adapts easily to residential, commercial, or mixed-use ideas. Outside, the nearly one-acre lot opens the door to expansion, parking, outdoor seating, or redevelopment—rare flexibility in such a desirable location. A detached shed provides additional storage or workspace, adding even more functionality to the property. With motivated sellers and TLC unlocking significant upside, this is the kind of opportunity investors watch for—but rarely find. Bring your vision, your plans, and your creativity. This is more than a house—it's a blank canvas with history, location, and potential all working in your favor.
Getting Around
Schools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Slab/Raised
- Roof: Composition
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Electric,Central Air
Features
- Kitchen Island,Walk-In Closet(s),High Ceilings
- Window features: Aluminum Frames,Wood Frames
- Flooring: Wood,Carpet
- Number of fireplaces: 1
- Fireplace: Yes
- Attic: Pull Down Stairs
Interior Area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
Property
Details
- Parcel number: 3022P3601801
- Zoning description: RES
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Front Porch
- Exterior features: Storage
Lot
- Lot size: 0.82 Acres
- Features: See Remarks
- Lot size dimensions: .82 AC
Parking
- Parking features: None,Carport,Covered,Driveway,Paved
- Has uncovered spaces: Yes
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Tornado
- Hail
- Hurricane
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Forrest County and Mississippi
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $986 | $11,832 |
| Home Insurance * | $228 | $2,736 |
| Property Taxes | $113 | $1,356 |
| Electricity | $192 | $2,304 |
| Total | $1,519 | $18,228 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Listed for sale | $195,000 |
| 2026-04-18 | Contingent | $195,000 |
| 2026-04-06 | Price change | $195,000 |
| 2026-03-12 | Price change | $204,000 |
| 2026-02-12 | Price change | $209,000 |
| 2026-01-14 | Listed for sale | $220,000 |
