420 Martin Luther King Drive Mexia, TX 76667

Multi-Family (2-4 Units) MLS #: 20517554 Courtesy Of Heritage Real Estate LLC, Listed By Mitzi Eves

$429,900

4 acres
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Estimated monthly payments: $1,879/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: 11-20 Years Old
  • Amenities: Cable Ready, Wired
  • Appliances: Dishwasher, Range - Electric, Refrigerator
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s), Central A/C
  • Exterior Type: Board and Batten, Vinyl Siding
  • Floor Covering: Carpet, Linoleum
  • Heating Fuel: Electric
  • Lot Size: 4 Acres
  • Roof Type: Composition Shingle

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MAP & DIRECTIONS

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420 Martin Luther King Drive, Mexia, TX 76667
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School Information

420 Martin Luther King Drive, Mexia, TX 76667

Elementary School
Grades PK-2 | Public School
A B MCBAY ELEMENTARY SCHOOL
Mexia, TX 76667
1000 N Ross Ave
254.­562.4030
Distance: 1.3 mi
Student:Teacher Ratio
14:1
Total Students
507
Elementary School
Grades 3-5 | Public School
R Q SIMS INTERMEDIATE SCHOOL
Mexia, TX 76667
1010 N Ross Ave
254.­562.4025
Distance: 1.3 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
390
Middle School
Grades 6-8 | Public School
MEXIA JR HIGH SCHOOL
Mexia, TX 76667
1 Blackcat Dr
254.­562.4020
Distance: 1.5 mi
School Rating
C
Student:Teacher Ratio
13:1
Total Students
399
High School
Grades 9-12 | Public School
MEXIA HIGH SCHOOL
Mexia, TX 76667
1120 N Ross Ave
254.­562.4010
Distance: 1.4 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
531
Other Nearby Schools Distance Type Grades School Rating
Developmental Center 1.1 mi Public 8-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Mexia, TX 76667

Median Age: 40.2
Married: 44%
Number of Households: 3,668
Households with Children: 32.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.