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Mixed-Use Land for Sale in Mexia, Texas

420 Martin Luther King Dr, Mexia, TX 76667

$339,900
3 acres
Pending sale
Under contract

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.

Sq feet
2007
Built

Location

Street address
420 Martin Luther King Dr
Zip code
76667
Elevation
519 feet
Coordinates
31.6839, -96.4926

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
3.04 acres
Zoning
Comm
MLS #
NTREIS 21165293
Posted

Parcels

  • R16349

Details and features

Listing

Type
Commercial Sale
Unit Count
4

Structure

Stories
1
Water
Public
Sewer
Public Sewer, Septic Tank
Heating
Electric
Cooling
Ceiling Fan(s), Central Air
Materials
Board And Batten Siding, Vinyl Siding
Roof
Composition

Interior

Flooring
Carpet, Linoleum

Listing history

DateEventPriceChangeSource
June 9, 2026Under contract$339,900NTREIS
Jan 29, 2026New listing$339,900NTREIS
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This 3.04-acre property is located at 420 Martin Luther King Dr in Mexia, TX 76667. The property is pending sale. It has a structure built in 2007.

Listed by Coldwell Banker Realty, (972) 691-7580

Checked 1 hour agoUpdated

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