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    Lcr 426 Mexia, TX 76667

    For Sale
    $415,000

    Limestone County farmland, excellent homesites.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 55.5+/- acre property in Limestone County, Texas, presents a unique opportunity for agricultural pursuits or rural living. Located approximately 15 minutes south of Mexia, this tract boasts a desirable blend of open pastureland and mature wooded areas. The property is fully fenced and cross-fenced, providing excellent containment for livestock. A convenient stock pond is situated near the front, offering a readily available water source. The land includes a fenced-off homestead, which, with some improvements, could become a charming weekend retreat. Several attractive homesites are nestled amongst the pastures, shaded by large, mature oak trees, crape myrtles, and pear trees, creating a picturesque setting. A natural gas well-site is located near the back property line, screened by cedar trees. A fenced hay trap is situated along the southern boundary. The property benefits from an agricultural exemption and enjoys convenient access to electricity via Navasota Co-op along the roadside. This versatile property offers a compelling combination of agricultural potential, recreational opportunities, and the tranquility of rural Texas living. The asking price is $415,000. The property's address is LCR 426, Mexia, TX 76667.

    Property Features for 0 Lcr 426

    General Information

    Property type
    Farms

    HighLights

    • $415,000 asking price for 55.5+/- acres of land.
    • Located in Limestone County, TX, approximately 15 minutes south of Mexia.
    • Features a mix of open and wooded areas, fencing, a stock pond, and potential homesites.
    • Includes a fenced homestead, hay trap, and a natural gas well‑site.
    • Ag‑exempt and has access to Navasota Co‑op electric.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.3900607
    Latitude
    31.5759633

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    FAQs

    What type of property is this?
    Farm - Limestone County farmland, excellent homesites.
    Where is this farm located?
    The property is located at Lcr 426 Mexia, TX.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: $415,000 asking price for 55.5+/- acres of land.; Located in Limestone County, TX, approximately 15 minutes south of Mexia.; Features a mix of open and wooded areas, fencing, a stock pond, and potential homesites.
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    Mexia, TX 76667
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lcr 426 Mexia, TX 76667
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