420 Martin Luther King Drive, Mexia, TX 76667

Building Details

Year Built

2007

Listing agent Mitzi Eves License #0485908

Listing office heritage real estate

Listing date Apr 12, 2024

Source Crexi

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Overview

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.

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.