420 Martin Luther King Drive

Mexia, TX 76667
$339,900
4,920 sqft

Description

REDUCED!! GREAT RENTAL AND INVESTMENT PROPERTY ON HWY 14 - This property currently has 4 Manufactured Homes, a Cabin and room to add more. The existing MH on this property have all been purchased elsewhere, moved here and remodeled over the years. Current inventory of rentals: 1) MH 750sf, 2) MF 1116sf, 3) MH 750sf, 4) MF 1824sf, 5) cabin 480sf. Additionally there is a metal building 1200sf; 3 sided, tall roofed metal carport 400sf; and a portable single metal carport. The property has room to add more Manufactured Homes for increase income potential. Possibly add RV camper sites with County approval and septic availability. The property is 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.

Property Type: Commercial - Business
MLS Status: Active
MLS: 21165293
Year Built: 2007
County: Limestone
Tract or Division: none
List Date: 01/29/2026
Area:
Square Feet: 4,920
Total Beds:
Full Baths:
Half Baths:
Acres: 3.04
Lot Size (sqft): 132,422

800.451.8055

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Interior Features

 
Floor Coverings:
  • Carpet
  • Linoleum
Virtual Tour:

Exterior Features

 
Parking:
  • Common
Roof Type:
  • Composition
Siding:
  • BoardAndBattenSiding
  • VinylSiding
Foundation:
  • PillarPostPier

Utilities

 
Heating/Cooling:
  • Electric
Utilities:
  • CableAvailable
  • ElectricityConnected
  • SewerAvailable
  • SepticAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: Mitzi Eves
Broker: Coldwell Banker Realty
Listed by: Mitzi Eves, Coldwell Banker Realty
Phone: 254.562.7899

Location

Schools

School Name Grades Admission
A B Mcbay Elementary School PK - 2 Regular
R Q Sims Intermediate School 3 - 5 Regular
Mexia Jr High School 6 - 8 Regular
Mexia High School 9 - 12 Regular
4 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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