420 Martin Luther King Dr

Mexia, TX 76667
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4.00 Lot Acres
Multi-Family - 5 Plus

Audio narrative

Description

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 approximately 4 acres. Listing Agent has several Lenders that will loan on moved MH.

MLS#
NTREIS-20517554
List Price
$429,900
Listing Status
For Sale
Address
420 Martin Luther King Dr
City
State
TX
Zip Code
Subdivision
none
Property Type
Multi-Family - 5 Plus
Stories
1
Year Built
2007 /Appraisal District
Lot Size
4.00 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Pillar/Post/Pier
Private Pool
No
Exterior Type
Board & Batten Siding, Siding, Vinyl Siding
Parking
Common
Utility
All Weather Road, Cable Available, City Sewer, City Water, Electricity Connected, Outside City Limits, Septic

Interior

Floors
Carpet, Linoleum
Cooling
Electric
Heating
Electric
Appliances
Dishwasher, Electric Range, Refrigerator
Interior
Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Paneling, Pantry

Lot information

Lot Size
4.00 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 31, 2024 at 06:18 PM
Listing last updated Jan 23, 2024 at 08:18 PM
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420 Martin Luther King Dr, Mexia, TX 76667. View photos, map, tax, nearby homes for sale, home values, school info...

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