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420 Martin Luther King Drive, Mexia, TX 76667

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For Sale

$429,900

4 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 4 acres
    Lot size

  • 11-20 Years Old
    Age

Explore this Property

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.
MLS# 20517554

Courtesy Of Heritage Real Estate LLC, Listed By Mitzi Eves

(254) 562-7899

Property 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

Map and Directions

Directions to 420 Martin Luther King Drive, Mexia, TX 76667

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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