420 MARTIN LUTHER KING DRIVE, MEXIA, TX 76667
Homes for sale in Mexia.
Homes for sale in 76667.
420 Martin Luther King Drive
Mexia, TX 76667
List Price$369,900
Listing #20517554
About 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 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.
Property Features
Location Information
County
Limestone
Subdivision
none
Interior Features
Interior
Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Pantry, Paneling/Wainscoting, Cable TV
Floors
Carpet, Linoleum
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Refrigerator
Heating
Electric
Total Number of Units
4
Cooling
Central Air, Ceiling Fan(s)
Exterior Features
Stories
1
Pool Description
None
Construction
Board & Batten Siding, Vinyl Siding
Lot Size in Acres
4
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
174,240
Roof
Composition
Buildings
5
Water / Sewer
Electricity Connected, Sewer Available, Septic Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
4,920
Utilities
Electricity Connected, Sewer Available, Septic Available, Water Available, Cable Available
Road Description
All Weather Road
Parking Description
Common
Is One Story
Yes
Garage Spaces
0
School
Elementary School District
Mexia ISD
High School
Mexia
Elementary School
Mcbay
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Year Built
2007
Similar Listings
Mortgage Calculator
$1,726
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,332
Monthly Tax
$308
Monthly Insurance
$86
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Mitzi Eves, Coldwell Banker Realty
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NTREIS - North Texas data last updated at November 18, 2025, 6:25 PM CT
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