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278 Ramey Ln Lot Wp001, Waynesboro, MS, 39367

3beds
2baths
2,010sqft
$360,000
$179price/sqft
$2,429/moest. monthly cost
$97,160/yrincome needed

About This Home

Embrace city living with our exceptional property offering. It is very unusual for undeveloped land inside the city limits of Waynesboro to become available. This tract of land has lots of opportunities for an investor. There are potential building sites and the tract could be easily sub-divided creating a great investment opportunity. There is a 3 bedroom 2 bath house with approximately 2010 sq ft on the parcel. While some TLC is needed, the property is being sold as-is so let your creativity flourish and have a vision of what it could become. It could be a source of income as a rental unit or be transformed into your own home. The proximity to downtown, hospitals, schools and shopping is a plus. Explore the perfect blend of urban convenience and tranquility. The acreage has wildlife signs with deer and turkey calling this area their home. The sellers are willing to subdivide the property and sell it as a house with three acres and the remainder seventeen acres separate to make it more affordable by giving the buyer more options. Build your dream home amid the convenience of living in the city surrounded by the potential for growth and development. Don't miss the chance to own this hidden gem where serenity meets opportunity.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

2/10
6/10
Wayne County High SchoolGrades 9-121.1 mi
3/10
Waynesboro Middle SchoolGrades K-81.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Interior Area

  • Total structure area: 2,010
  • Total interior livable area: 2,010 sqft

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

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Lightning
Tornado
Drought
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Wayne County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,820$21,840
Home Insurance *$277$3,324
Property Taxes $140$1,680
Electricity $192$2,304
Total$2,429$29,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,280/yr
40% on housing$72,870/yr
45% on housing$64,773/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -18.3%
-18.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 39367$79
Wayne County$80

vs Homes Sold Last Month

Median $/sqft

ZIP 39367
Wayne County$134

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-17Listed for sale$405,000
2026-02-19Listing removed$405,000
2024-02-16Listed for sale$405,000

For Sale by Agent

AgentRick Walters
BrokerageWhitetail Properties

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