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$32,500

Lot / land listing

0 Covington Way, Lanett, AL 36863

About this home

Wonderful building lot with 4.26 acres! Enjoy the beauty and tranquility of this great estate size lot on a cul-de-sac in the lovely Covington subdivision. The lot has all the room you will ever need to build your dream home while you watch the deer and turkey in your private woods!! The lot has several sites that are suitable for building so you are not limited to building close to the road if you want more privacy. Excellent neighborhood!!

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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.

Offer insights

Choose an offer strength

List price: $32,500

$32K–$32K

70% to 90% chance of a winning offer

Just under asking — competitive when the home is fresh.

49 days on market — sitting listings negotiate. A moderate offer here does more than these odds suggest.

Balanced-market odds from list price and typical winning offers — your agent tunes this to the street. Ask a Veribas agent before you commit a number.

Payment calculator

$233/mo

Principal, interest & taxes · $442/mo with home insurance and HOA

Principal & interest$201

Property taxes$32

Home insurance$9

HOA$200

Down payment$3,250 (10%)

Interest rate7.320%

Starts at today’s national average for a 30-year fixed, 7.32% (week of Oct 22). Not an APR or a loan offer. Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.

Assumable loan?

If the seller has an FHA, VA or USDA mortgage, you may be able to take it over and keep their rate, often far below today’s. This listing doesn’t say. Ask, and a Veribas agent will check the seller’s loan and tell you the rate, the balance and what you’d need down.

0 Covington Way, Lanett, AL 36863

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