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Land for Sale in Mexia, Texas

Limestone County Road 463, Mexia, TX 76667

$152,899
8.73 acres
Active sale
Est $1,921/mo

8.73 Acres with Pond, Gate Entry, Water Meter onsite, Power, Gas lines. Perc Tested for Sale

This property features a lovely pond stretching over 176 feet and well-kept native grazing grasses that provide excellent fodder for livestock and calves. The land itself is spacious, measuring 205 feet by 446 feet, allowing for a variety of uses. Additionally, the property has the convenience of an installed water meter, and Vyve Broadband is available for internet service. The property also meets OSSF-approved conditions for Conventional or Aerobic Septic Installations. For more information, (feel free to request a copy of our OSSF Site Plan, developed by the County Engineer).

Being in close proximity to Mexia, this tract has excellent cellular/mobile phone coverage across all of the major carriers (Verizon, AT&T, T-Mobile, etc).

Limestone County Airport (KLXY): No air traffic noise and only small single or dual-passenger private planes fly into this space. A small maintenance/emergency response local airport, there are NO FAA or Air Restrictions on our adjoining land, and traffic counts are limited to only 2 or 3 per day.

This land has been maintained for a small herd of cattle that have roamed the overall acreage for the last 30 years. The new property owner has the opportunity after closing to apply for Agricultural Exemption with the appraisal district to enjoy reduced property taxes if you choose to allow the cattle to continue grazing your property. The minimum acreage to qualify for ag exemption is 3 acres in Limestone County.

Pre-Paid Electric Service & Utility Savings

Save Up to $8,400 on Electric Service Installation

New power lines, poles, and transformers have already been installed along the private road frontage, giving new property owners a major head start on utility setup.

Through Oncor's development program, buyers may qualify for up to an $8,400 credit toward electric line extension and secondary pole installation costs. In many cases, this credit can significantly reduce or even offset the cost of bringing power from the main line to your future homesite.

Typical secondary pole and meter loop installation costs can range from $2,500-$3,000+, while additional line extensions may vary depending on home placement and distance from the main service line. Having this infrastructure already planned and installed can represent substantial upfront savings for property owners.

Estimated Potential Electric Savings

  • Up to $8,400 in Oncor electric service credits
  • Reduced costs for secondary poles and meter loop installation
  • Existing frontage infrastructure already in place
  • Flexible homesite positioning along the private road

Existing Water Meter Access Thousands in Savings

Water meters are already installed along the private road frontage, helping buyers avoid many of the major upfront costs commonly associated with new rural water service installation.

In Limestone County, installing a brand-new water meter can cost approximately $5,800 or more, and that amount typically does not include additional expenses such as:

  • Road boring or trenching beneath existing roads
  • Water line extensions
  • Connection labor and installation costs

By purchasing a development-ready lot with existing meter access, buyers may only pay a standard meter tap fee of approximately $850, potentially saving thousands compared to installing a completely new service connection.

Light Covenants to Protect Your Property Value

Light covenants have been introduced to protect your investment and privacy on the land. Residential, Ranching, or Agricultural purposes. No Commercial or Industrial uses or uses as junkyards or salvage yards shall be permitted.

  • Permanent Structures require a minimum 750 sq ft living space
  • New or late-model Manufactured Homes to be HUD-Compliant and permanently affixed, underskirted, and anchored with connection to Septic prior to occupancy
  • RVs to be of New or within 5 years of age, self-contained and required to connect to a septic system if used for occupancy
  • Basic covenants protecting against un-managed fires, accumulation of junk and/or trash, and minimum standards on fencing aesthetics

This property is excellent for a variety of uses:

  • Be your own cattle ranch.
  • Develop your own country home under the stars and incredible landscape.
  • Build a cabin for your own private camping retreat.
  • Bring your own Tiny Home, Mobile, or RV and live off the land at your pace.
  • Develop a garden, farm, or bring livestock to the property.

Survey Approved and Platted with the County. Ground-Level staking was completed on the ground. Easement corners are marked with T-post painted ORANGE and corner boundaries with White T-post.

Bring the family and imagine yourself settling in for a truly unique Texas experience. Relax, take it slow and after the sun goes down watch an unforgettable panoramic view of the stars you haven't seen in a long, long time.

Location

Street address
Limestone County Road 463
Zip code
76667
Community
Murphy's Dairy
Elevation
551 feet
Coordinates
31.6394, -96.5209

Directions

Search Limestone County Road 463, Mexia, Texas, 76667 within Limestone County on your phone. When you are near the land, search "31.63935, -96.52086" on Google Map to locate one of the corners. Contact our office for surveys (if available), county plat maps, Google Map boundaries and corners, and MapRight.

Property details

Acreage
8.73 acres
Access
Private road
Showing
Contact for permission
Posted

Property taxes

2025
$10

Parcels

  • R138375

Legal description

Owner financing

Finance priceDown paymentTermRatePaymentEst total
$152,899$9,900120 months10%$1,890/mo$1,921/mo
Loan fees
  • Service: $30 monthly

Property utilities

CategoryTypeStatus
PowerGridAvailable
GasNatural GasAvailable
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Mar 31, 2026Relisted$152,899Property seller
Mar 12, 2026Listing removed$152,899Property seller
Dec 3, 2025Price drop$152,899$1 0%Property seller
Dec 3, 2025New listing$152,900Property seller
Apr 11, 2024Listing removed$144,111Property seller
Mar 2, 2024New listing$144,111Property seller
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This 8.73-acre property is located at Limestone County Road 463 in Mexia, TX 76667. The property is available for sale for $152,899 with a price per acre of $17,514.

Listed by Elegment Land

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