420 Martin Luther King Drive Mexia, TX 76667
Multifamily property with three homes, cabin, and expansion potential.
Type:Land, Multifamily
Property size:
5,640 SFLot size:
3.04 AcresPrice / SF:
$60/SF- Added:
- Apr 12, 2024
- Days on Market:
- 743
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 420 Martin Luther King Drive
General Information
- Standard status
- Active
- Size
- 5,640 SF
- Lot size
- 3.04 Acres
- Property subtype
- Land, Multifamily
Building Details
- Year Built
- 2007
Listing agent Mitzi Eves License #0485908
Listing office heritage real estate
Listing date Apr 12, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of heritage real estate
Overview
Multifamily Property with Expansion Potential
This property features three manufactured homes and a cabin, offering a diverse rental portfolio. The manufactured homes, with sizes of 1116 square feet, 750 square feet, and 1824 square feet respectively, have been remodeled. A 480-square-foot cabin is also present on the property. Additional structures include a 1200-square-foot metal building and a 400-square-foot, three-sided metal carport, along with a portable single metal carport. Situated on 3.04 acres, the property presents opportunities for expansion, with the potential to add more manufactured homes to increase income. Subject to county approval and septic availability, there is also potential to add RV camper sites. The property is located in Mexia, TX.
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Map
- City
- Mexia
- County
- Limestone
- State
- Texas
- Longitude
- -96.511
- Latitude
- 31.6887
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FAQs
What type of property is this?
Mobile home & RV park - Multifamily property with three homes, cabin, and expansion potential.
Where is this mobile home & rv park located?
The property is located at 420 Martin Luther King Drive Mexia, TX.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Multiple Income‑Generating Units: Includes 3 remodeled manufactured homes and a cabin currently used as rentals.; High Income Potential: Room to add more manufactured homes or RV camper sites (with approvals).; Large Lot Size: 3.04 acres, providing ample space for expansion and development.
