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Property profile & analytics
OFF-MARKET
Land

0 Sumpter St Mexia, TX 76667

0.4 ac lot
Property ID
Property summary
AI-generated overview

This 0.399-acre commercial lot in Mexia, Texas, presents a unique investment opportunity. Located within city limits, at the address of E Sumpter St, zip code 76667, in Limestone County, this unimproved property offers significant potential. According to the Limestone Central Appraisal District, the lot measures approximately 60 feet by 290 feet. City water and sewer are available, although meters are not currently installed. Electricity is readily accessible, with existing service to neighboring residences. The property is situated in a residential area, surrounded by existing homes. While currently zoned for residential use, interested parties should independently verify with the City of Mexia whether a single-wide or double-wide manufactured home would be permissible. The asking price is $14,900, translating to approximately $47,619.05 per acre. Prospective buyers are encouraged to conduct their own due diligence and verify all information with the appropriate authorities. The property's location offers convenient access to local amenities and infrastructure. This lot represents a compelling opportunity for developers or investors seeking a foothold in the Mexia market. Its size and location make it suitable for a variety of potential uses, subject to local zoning regulations. Interested parties are encouraged to perform their own independent due diligence.

Property profile
Verified
Property type Land
Lot 0.4 ac (17,380 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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