420 MARTIN LUTHER KING DRIVE, MEXIA, TX 76667
Homes for sale in Mexia.
Homes for sale in 76667.
List Price$339,900
420 Martin Luther King Drive
Mexia, TX 76667
Listing #21165293
About This Property
REDUCED!! 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 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
Has Fireplace
No
Floors
Carpet, Linoleum
Heating
Electric
Tenant Pays
All Utilities
Cooling
Central Air, Ceiling Fan(s)
Total Number of Units
4
Exterior Features
Construction
Board & Batten Siding, Vinyl Siding
Lot Size in Sq. Ft.
132,422
Foundation
Pillar/Post/Pier
Possible Best Use
Other
Roof
Composition
Zoning
Comm
Utilities
Cable Available, Electricity Connected, Sewer Available, Septic Available, Water Available
Building Total Area (Sq. Ft.)
4,920
Parking Description
Common
Road Description
Highway, All Weather Road
Lot Size in Acres
3.04
Is One Story
No
Additional Information
Year Built Details
Preowned
Year Built
2007
Property Type
COM
Status
Active
Property SubType
Business
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$1,586
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,224
Monthly Tax
$283
Monthly Insurance
$79
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 May 18, 2026, 3:21 AM CT
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