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A+
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$477,740

1502 Hinchliffe Rd, Mexia, TX, 76667

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,723 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.45 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Water Heater, Cooktop
FlooringCarpet, Linoleum, Parquet

Building Information

Year Built1990
Garage Spaces1

Land Information

APNR3454
Land UseResidential
Legal DescriptionA030M P VARELA-MEXIA ICL, TRACT 0.48 ACRES, BLOCK 047
Census Tract970200
Assessed Land Value$9,600
Assessed Improvement Value$468,140
Assessment Year2024

About this property

Brand New Roof!!!! Spacious 3-bedroom, 2-bath home with 2,723 square feet of living space, located in a peaceful country setting within a desirable and established neighborhood. This home features two large living areas—one of which could be used as a game room, media room, or man cave—and two dining areas that offer plenty of room for both casual and formal gatherings. A wet bar is conveniently located in the dining area, adding functionality and charm for entertaining. The home also includes a three-car carport and an attached one-car garage, providing ample covered parking and storage. Step outside to a fully fenced backyard complete with an in-ground pool and connected hot tub—perfect for enjoying quiet evenings or hosting guests. A storage shed offers additional space for tools or equipment. With a flexible layout, great outdoor amenities, and strong potential for personalization, this home is ideal for buyers looking to add their own touch in a welcoming country neighborhood.

Investor Tools

Property Icon
$477,740
Estimated Property Value
$189,500Estimated Mortgage Balance
$326,829Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,866 /month
Positive
Cash Flow Estimate:
$955 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,555
$477,740
2024
$9,600
$468,140
$477,740
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,555
$477,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Va
$189,500
Yes
First
Sep 21, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,911
$326,829
68%
32%
$1,137/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mexia

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1502 Hinchliffe Rd | Property Details | No Agent List