Residential Land for Sale in Mexia, Texas
420 Martin Luther King Dr, Mexia, TX 76667
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.
Location
- Street address
- 420 Martin Luther King Dr
- County
- Limestone County
- Elevation
- 519 feet
Directions
travel South on Hwy 14 from Mexia towards Groesbeck after you pass The Cowboy Western Club the property will be on your right sign on the property
Property details
- Acreage
- 4 acres
- MLS #
- NTREIS 20517554
- Posted
Parcels
- R16349
Resources
Details and features
Listing
- Type
- Residential Multi Family
Exterior
- Parking Spaces
- 10
Structure
- Stories
- 1
- Heating
- Electric
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Board & Batten Siding, Vinyl Siding
- Roof
- Composition
Interior
- Flooring
- Carpet, Linoleum
- Appliances
- Dishwasher, Range, Refrigerator, Washer
- Features
- Built-In Features, Cable TV Available, Decorative Lighting, Eat-In Kitchen, High Speed Internet Available, Paneling, Pantry
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| McBay | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 16, 2025 | Price drop | $369,900 | $5,100 -1.4% | NTREIS |
| Aug 29, 2025 | New listing | $375,000 | — | NTREIS |
