420 Martin Luther King Drive Mexia, TX $ 429,900
420 Martin Luther King Drive
$ 429,900
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420 Martin Luther King Drive

Mexia, TX, 76667
$ 429,900
Bedrooms4 Baths4.0

Monthly Estimate*

$ 3,003

420 Martin Luther King Drive, Mexia, TX 76667 - Image 1
420 Martin Luther King Drive, Mexia, TX 76667 - Image 2
420 Martin Luther King Drive, Mexia, TX 76667 - Image 3
420 Martin Luther King Drive, Mexia, TX 76667 - Image 4
420 Martin Luther King Drive, Mexia, TX 76667 - Image 5
420 Martin Luther King Drive, Mexia, TX 76667 - Image 6
420 Martin Luther King Drive, Mexia, TX 76667 - Image 7
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420 Martin Luther King Drive, Mexia, TX 76667 - Image 9
420 Martin Luther King Drive, Mexia, TX 76667 - Image 10
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Multi-Family Home for sale in Mexia, TX

for $429,900 with 4 bedrooms and 4 full baths. This home was built in 2007 on a lot size of 4.

GREAT RENTAL AND INVESTMENT PROPERTY ON HWY 14 - This property currently has 4 Manufactured Homes, a Cabin and room to add more. The existing MH on this property have all been purchased elsewhere, moved here and remodeled over the years. Current inventory of rentals: 1) MH 750sf, 2) MF 1116sf, 3) MH 750sf, 4) MF 1824sf, 5) cabin 480sf. Additionally there is a metal building 1200sf; 3 sided, tall roofed metal carport 400sf; and a portable single metal carport. The property has room to add more Manufactured Homes for increase income potential. Possibly add RV camper sites with County approval and septic availability. The property is being surveyed - should be approximately 4 acres. Listing Agent has several Lenders that will loan on moved MH.

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Multi-Family Active

Price

$ 429,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Multiple Single Units

Lot Size

4

Year Built

2007

Town/City

Mexia

County/Region

Limestone

MLS | Web ID

20517554

Features
Interior
Interior Features Built-in Features Cable TV Available Decorative Lighting Eat-in Kitchen High Speed Internet Available Paneling Pantry
Flooring Carpet Linoleum
Total Units 4
Street Suffix Drive
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General
Heating Electric
Complex Name none
Cooling Ceiling Fan(s) Central Air
Utilities All Weather Road Cable Available City Sewer City Water Electricity Connected Outside City Limits Septic
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Electric Range Refrigerator
Number of Garage Spaces 0
School District Mexia ISD
Pool Y/N 0
Year Built 2007
Levels One
Property SubType Multiple Single Units
Subdivision Name none
Occupant Type Tenant
County Limestone
Property Type Residential Income
Construction Materials Board & Batten Siding Siding Vinyl Siding
Year Built Details Preowned
HOA Type None
# of Buildings 5
Status Active
Directions travel South on Hwy 14 from Mexia towards Groesbeck after you pass The Cowboy Western Club the property will be on your right sign on the property
City Mexia
Buyer Agent Compensation 2.5
Elementary School Name Mcbay
High School Mexia
Street Name Martin Luther King
Elementary School Mcbay
Standard Status Active
Junior High School Mexia
Buyer Agent Compensation Type %
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Exterior
Parking Features Common
Foundation Pillar/Post/Pier
Building Area Total 4920.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 420
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* Excluded Features
List By
Mitzi Eves

Listing Agent

Heritage Real Estate Llc

Broker

Affordability Calculator

$3,003
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,003
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
286616 Elementary School
3678491 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$429,900 Listed Price

Map


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420 Martin Luther King Drive, Mexia, TX, 76667 is a Multi-Family Home for sale at $429,900 with a lot size of 4. 420 Martin Luther King Drive has 4 bedrooms, 4.0 baths, and was built in 2007. The property's zip code is 76667 which is in Mexia, TX