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420 Martin Luther King Drive

Mexia, TX 76667
  • $375,000
  • STATUS: Active
  • ON SITE: 384 Days
  • MLS #: 20517554
UPDATED: 28 min ago
$375,000
  • 0
    BEDS
  • 4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2007
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Mitzi Eves of Heritage Real Estate LLC: 254-562-7899.

Description

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 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-11T22:41:42.043.
www.mackgroupre.com/homes/146853260
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420 Martin Luther King Drive Mexia, TX 76667

  • Price: $375,000
  • Status: Active
  • On Site: 384 Days
  • Updated: 28 min ago
  • MLS #: 20517554
0
Beds
0
Baths
0
½ Baths
4
Acres
2007
Built
Neighborhood:
None
County:
Limestone
Area:
Mexia
Elementary School:
Mcbay
High School:
Mexia
School District:
MEXIA ISD
Property Description
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 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.
Exterior Features

Carport Spaces 0 Construction Board & Batten SidingSidingVinyl Siding Foundation Pillar/Post/Pier Parking Or Garage Common Parking Spaces 10 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherElectric RangeRefrigerator Attached Garage No Cooling Ceiling Fan(s)Central Air Flooring CarpetLinoleum Garage No Handicap YN No Heating Electric Interior Features Built-in FeaturesCable TV AvailableDecorative LightingEat-in KitchenHigh Speed Internet AvailablePanelingPantry

Property Features

Building Area Source Public Records Building Area Total 4920.00 Complex Name none Construction Status Preowned Gross Annual Expenses 1.00 Gross Annual Income 1.00 HOA None Insurance Expense 1 Intermediate School Name Simms Junior High School Name Mexia Levels One List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 1 Possession Closing/Funding Property Type Multiple Single Units Tenancy Month to MonthOther Utilities All Weather RoadCable AvailableCity SewerCity WaterElectricity ConnectedOutside City LimitsSeptic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-11T22:41:42.043.
 
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The Mack Group - Fathom Realty
6841 Virginia Pkwy #103-448
McKinney TX, 75071
Offered by Mitzi Eves of Heritage Real Estate LLC: 254-562-7899.