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$149,900

214 Red Bird Ln, Mexia, TX, 76667

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.39 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Gas Water Heater, Ice Maker

Building Information

Year Built1969

Land Information

APNR20455
Lot Number9
Land UseResidential
Legal DescriptionWRIGHT PLACE ADDITION MEXIA, BLOCK 001, LOT 009
Census Tract970500
Assessed Land Value$6,260
Assessed Improvement Value$77,250
Assessment Year2024

About this property

Looking for an affordable home with extra space to fit today's lifestyle? This 3-bedroom, 2-bath home offers approximately 1400 square feet of comfortable living on a desirable corner lot, complete with a durable metal roof, covered patio, fenced backyard and a versatile heated and cooled detached building. Currently used as a home office, the detached space offers endless possibilities - a private workspace, fitness studio, she-shed, man-cave, hobby room or game room. The functional floor plan and outdoor living areas provide plenty of room for everyday life, while the fenced backyard is perfect for kids, pets and entertaining. This home has the potential to truly shine! Priced at just $149,900, it offers an outstanding oportunity for first-time buyers, investors, or anyone looking to build equity while creating a home that reflects their own style. Come see the possibilities for yourself!!

Investor Tools

Property Icon
$117,000
Estimated Property Value
$83,553Estimated Mortgage Balance
$41,135Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

Lesa Hancock

Realty Plus - Mexia

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,667
$83,510
2024
$6,260
$77,250
$83,510
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,667
$83,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$83,553
Yes
First
Oct 6, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,865
$41,135
35%
65%
$501/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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