Hi, and thanks for your medical question on eHealth forum!
A lump inside the vaginal wall is always abnormal. It can be a swollen lymph node, herpes simplex infection, though cancer of vaginal wall is rare, it is still possible, or it can be Bartholin cyst if the lump is felt close to the opening of the vagina. What you have is probably a Bartholin cyst.
On each side of the vaginal opening there are Bartholin's glands which secrete fluid to lubricate the vagina. At times their openings become obstructed causing fluid to accumulate in the gland, resulting in relatively painless swelling called a Bartholin cyst.
You can soak in a tub filled with a few inches of warm water (sitz bath) several times a day for three or four days. This may rupture cyst and which will then drain on its own. If this does not help, then please consult your gynecologist for incision and drainage.
Since a confirmed diagnosis cannot be given on net please discuss these possibilities with your gynecologist once and get yourself examined. Hope this helps. Take care!