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$569,000

298 Lcr Redbud A, Mexia, TX, 76667

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.93 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile, Vinyl

Building Information

Year Built2013

Land Information

APNR6748
Lot Number20
Land UseResidential
Legal DescriptionLAKE MEXIA RED BUD, LOT 020
Census Tract970600
Assessed Land Value$39,360
Assessed Improvement Value$351,030
Assessment Year2024

About this property

Now offered at $574,900. She didn’t plan on leaving this place. In fact, when she bought it, she thought it would be her forever home. She poured into it...time, money, and a whole lot of heart...making improvements that most buyers only hope to find already done. But life shifted, and now someone else gets the chance to step into something really special. This 3-bedroom, 3-bath waterfront home on Lake Mexia offers over 2,100 sq ft and the kind of view that never gets old. Big windows pull the lake right into your living space, and the new casement windows open straight out to the upstairs deck, letting that breeze roll in like it’s part of the design (because now it is). The wraparound deck is where mornings start slow and evenings last a little longer. Downstairs, there’s a private guest space that’s perfect for family, friends, or anyone who “just came for the weekend” and stayed a little longer than planned. And here’s what out-of-town buyers don’t always realize...this is closer than you think. From DFW, Austin, or Bryan-College Station, you can leave mid-afternoon and be on this deck in time to catch the sunset. And when you get here ..the hard work is already done: new roof (March 2026), updated septic system with larger tanks, concrete driveway with expanded parking for boats and guests, privacy fencing, fresh exterior paint, automatic gate opener with remote access, improved boat dock, and refreshed landscaping. No guessing. No big surprise expenses. Just move in and start living. Whether you’re looking for a full-time home, a weekend place to escape, or even something that could generate income, this one gives you options. And the seller? She’s already bought her next home and is ready to make a move...even open to leaving furnishings with the right offer. This isn’t one of those loud, crowded lakes. It’s quieter here. Slower. The kind of place where you can actually hear yourself think again. The only thing missing from this picture… is you.

Investor Tools

Property Icon
$569,000
Estimated Property Value
$0Estimated Mortgage Balance
$569,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,449 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
$18/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,592
$390,390
2024
$39,360
$351,030
$390,390
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,592
$390,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$569,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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298 Lcr Redbud A | Property Details | No Agent List