$339,900
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420 Martin Luther King Drive Mexia, TX 76667
3.04 Acres Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21165293
Sold Date 06/30/26
Total Fin. Sqft 4920
Year Built 2007
Lot Size 3.040 Acres
Acres 3.04
Property Sub-Type Business
Property Description
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.
Location
State TX
County Limestone
Zoning Comm
Direction 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
Interior
Heating Electric
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Linoleum
Heat Source Electric
Exterior
Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Electricity Connected, Outside City Limits, Septic
Roof Type Composition
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Board & Batten Siding,Siding,Vinyl Siding
Others
Financing Cash
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Bought with Mitzi Eves • Coldwell Banker Realty
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