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 proprty 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 - sho uld be approximately 4 acres. Listing Agent has several Lenders that will loan on moved MH.

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on 420 Martin Luther King Dr
in Mexia, TX
Presented by Mitzi Eves at
Heritage Real Estate LLC.


Property MLS #20517554 from NTREIS

+ Reveal additional info including schools and tax history

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+ Bathrooms

Total Bathrooms: 0

+ Interior Features

Built-in Features
Cable TV Available
Decorative Lighting
Eat-in Kitchen
High Speed Internet Available
Paneling
Pantry
Flooring: Carpet, Linoleum

+ Appliances

Dishwasher
Electric Range
Refrigerator

+ Heating and Cooling

Cooling Features: Ceiling Fan(s), Central Air
Heating Features: Electric

+ Land Info

Lot Size Acres: 4.0
Lot Size Square Feet: 174240

+ Garage and Parking

Parking Features: Common

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 5

+ School Information

Elementary School: Mcbay
High School: Mexia
School District: Mexia ISD
+ Display Complete School Details

A B Mcbay Elementary School is a public elementary school located approximately 2.5 miles away.
Map directions

Mexia High School is a public high school located approximately 2.7 miles away.
Map directions

Mexia J High School is a public middle school located approximately 2.8 miles away.
Map directions

+ Rental Info

Gross Income: 1.00

+ Other Property Info

Source Listing Status: Active
County: Limestone
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
Source Property Type: Residential Income
Insurance Expense: 1
Parcel Number: R16349
Property Subtype: Multiple Single Units
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $366,886	$6,824
2021	$unknown + $unknown $339,912	$6,577
2020	$274,830 + $36,340 $311,170	$6,166
2019	$248,040 + $33,180 $281,220	$5,780
2018	$249,250 + $29,630 $278,880	$5,557
2017	$249,250 + $26,860 $276,110	$5,456
2016	$208,310 + $27,650 $235,960	$4,638
2015	$208,310 + $29,230 $237,540	$6,347
2014	$208,310 + $47,400 $255,710	$6,487
2013	$211,290 + $47,400 $258,690	$6,450
2012	$202,330 + $41,870 $244,200	$5,872
2011	$193,810 + $41,870 $235,680	$5,413
2010	$192,610 + $39,500 $232,110	$5,244
2009	$192,610 + $35,550 $228,160	$5,105
2008	$192,610 + $37,610 $230,220	$5,000
2007	$159,460 + $9,300 $168,760	$3,940

+ Reveal Property Sale History

Price Changed 2024-07-23
$389,900
NTREIS

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Listed 2024-01-23
$429,900
NTREIS

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Sold 2022-05-02
$0
Public Record

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Listing removed 2022-04-30
$0
Waco

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Price Changed 2022-02-11
$490,000
Waco

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Price Changed 2021-10-23
$520,000
Waco

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Listed 2021-09-03
$550,000
Waco

+ Commercial Info

Net Operating Income: 1

+ Building and Construction

Year Built: 2007
Building Area Total: 4920
Construction Materials: Construction: Board & Batten Siding, Siding, Vinyl Siding
Foundation Details: Pillar/Post/Pier
Levels: One
Property Age: 17
Roof: Composition
Year Built Details: Preowned

+ Utilities

Utilities: All Weather Road, Cable Available, City Sewer, City Water, Electricity Connected, Outside City Limits, Septic