See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

503 E Government St, Brandon, MS, 39042

3beds
3baths
2,918sqft
$694,900
$238price/sqft
$4,604/moest. monthly cost
$184,160/yrincome needed

About This Home

Welcome to private country living right in the heart of Brandon! Situated on 2.27 acres this 2,918 sqft 3 bedroom 3 bath home also includes a guest house and a shop. The home underwent a full custom remodel and update in 2012, Throughout the house you'll find subtle yet important features such as antique New Orleans warehouse doors and beautiful slate floors in the common areas. The kitchen features beautiful granite countertops and stainless steel appliances throughout, including extras such as a warming drawer and an ice maker. The open floorplan allows a great view of the living room / dining area with a beautiful vaulted ceiling finished in stained wood. Nearby is the large game/bonus room that could also be repurposed as an office or second living room. Each bedroom features it's own full bathroom. One of the guest bedrooms has direct outside access and could be utilized as a mother-in-law suite. As you head into the back yard you'll enjoy a drive-through 2-car carport with circle drive, large parking area, gas fire pit, patio, and a beautiful view of the woods at the rear of the property. From there you'll find the 720 sqft garage/shop space with it's own half-bath, attached to the 864 sqft guest house including a full kitchen and full bathroom, ready for your visitors to work/play/stay. Additionally there is a 300 sqft carport attached to the guest house. This one is a must-see to appreciate what all it has. Schedule a private showing with your favorite Realtor today!

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

9/10
8/10
Brandon Middle SchoolGrades 6-80.8 mi
9/10
Brandon High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Move In Ready
  • Year built: 1959

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Brick,Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Gas Water Heater,Ice Maker,Microwave,Tankless Water Heater,Warming Drawer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Cathedral Ceiling(s),Ceiling Fan(s),Crown Molding,Double Vanity,Granite Counters,Open Floorplan,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Carpet,Slate,Softwood,Tile
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Natural Gas,Zoned
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Zoned

Interior Area

  • Total structure area: 2,918
  • Total interior livable area: 2,918 sqft

Property

Details

  • Parcel number: I08l00002100000

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Fire Pit,Rain Gutters,Uncovered Courtyard

Lot

  • Lot size: 2.27 Acres
  • Features: Landscaped,Many Trees
  • Lot size dimensions: 150 x 660'

Parking

  • Total spaces: 3
  • Parking features: Attached Carport,Circular Driveway,Detached,Parking Pad,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

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

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Rankin 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 $3,513$42,156
Home Insurance *$485$5,820
Property Taxes $335$4,020
Electricity $271$3,255
Total$4,604$55,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,851/yr
40% on housing$138,120/yr
45% on housing$122,773/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 39042$153
Rankin County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 39042$161
Rankin County$160

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)

Price History

DateEventPrice
2026-05-07Listed for sale$729,900

For Sale by Agent

AgentBrad Barrington
BrokerageBenchmark Realty, Inc.

Similar Homes