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Platted Land in Residential-Agricultural Community
For Sale
$63,900

P2L15 County Road 463, Mexia, TX 76667

LAND - Mexia, TX

Property SizeContact for details
Lot Size3.43 Acres
Days on Market76

Property Features for P2L15 County Road 463

General Information

Property type Land
Property subtype Other
Zoning description Residential, ranching, or agriculture allowed. No commercial use, junkyards, pigs, or dog boarding. Homes min. 750 sq ft. New or late-model HUD homes allowed. RVs (=5 yrs) allowed if self-contained and connected to septic.
Subdivision Murphy's Dairy
Lot features Cleared, Interior Lot, Level, Pasture, Subdivision
Elementary school Mcbay
Middle school Simms,Mexia
High school Mexia
Elementary school district Mexia ISD
Middle school district Mexia ISD
High school district Mexia ISD
Directions To visit this 3.43 Acres Ranch Land in Limestone TX, search Lot 15, Limestone County Road 463, Mexia, Texas, 76667 within Limestone County on any mapping app. When you are near the land, search "31.6365, -96.51846" on mapping app to locate one of the corners.
Standard status Active
APN R138361
Lot size 3.43 Acres

Taxes and HOA fees

Tax Description MURPHY'S DAIRY SUBDIVISION - PHASE 2 LOT 015
Tax Annual Amount 7
Legal Description MURPHY'S DAIRY SUBDIVISION - PHASE 2 LOT 015
Listing Agency: Central Metro Realty
Listed By: Xing Gao · License #0822975
Added: Jun 10 Changed: Aug 1 Last Checked: Aug 24 at 4:06AM
MLS# 21207115

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The newly platted Murphy's Dairy Subdivision offers residential and agricultural living on spacious 3-acre+ lots. Each lot is perc-tested and includes a flat, build-ready site suitable for development. The community is being served by a newly engineered 6,200-foot private road, and utilities are positioned to support new construction with pre-paid electric service that includes an $8,400 credit for line extension into a new owner’s lot. Water service is supported by low tap fees, listed at $850 to activate a water meter. Septic is approved for conventional or aerobic systems, helping streamline planning for residential use.

Located in Mexia, Texas within Limestone County, the subdivision is designed around a peaceful, semi-rural lifestyle with reported excellent cell coverage. Light covenants are in place to help protect property values, and the development is intended to support a mix of uses, including residential, ranching, or agricultural activity.

For buyers looking to build a home with room for animals or ongoing agricultural use, these lots provide practical groundwork and permitted septic pathways. As infrastructure completion is expected by summer 2024, purchasers can plan their timeline with the community’s ongoing buildout in mind.

Key Highlights

  • Newly platted Murphy's Dairy Subdivision with spacious 3‑acre+ lots ready for development
  • Each lot has been perc‑tested and offers a flat, build‑ready site
  • Includes a newly engineered 6,200‑foot private road

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 76667, TX

10,801
Population
4,734
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
85%
High-School Grad
153.1 sq mi
ZIP Area
71
Density / Sq Mi
$50,396
Median Household Income
$33,211
Median Earnings
$832
Median Rent
$119,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Perc-tested, flat lots in a newly platted subdivision with private-road access and straightforward utility readiness for future homes.
Where is this agricultural land / farmland located?
The property is located at P2L15 County Road 463 Mexia, TX.
What is the asking price?
The asking price for this property is $63,900.
What are key features of this property?
This property features: Newly platted Murphy's Dairy Subdivision with spacious 3‑acre+ lots ready for development; Each lot has been perc‑tested and offers a flat, build‑ready site; Includes a newly engineered 6,200‑foot private road
More about this property
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