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$390,000

NAL Estimated Property Value

348 Fm 1633 Road, Mexia, TX, 76667

$507,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.89 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Water Heater, Vented Exhaust Fan
FlooringCarpet

Exterior

Lot Size12.57 acres

Building Information

Year Built2009
Garage Spaces2

Land Information

APNR132111
Land UseResidential
Legal DescriptionA030 P VARELA, TRACT 102, BLOCK 028, ACRES 12.57
Census Tract970200
Assessment Year2024

About this property

Beautiful home located in the Forest Glade Community, just on the outskirts of Mexia! This home has so much to offer...gorgeous stone exterior with over 3,000 square feet of living space and situated on approximately 15 acres. There are 4 bedrooms, 3 full size bathrooms, plus a bonus room, fireplace, vaulted ceilings, office, a great kitchen with lots of cabinets and storage, wonderful closets throughout, 2 car garage, a huge workshop/storage, pond and much more! This is a must see!

Investor Tools

Property Icon
$390,000
Estimated Property Value
$0Estimated Mortgage Balance
$390,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$507,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$853
$72,000
2024
N/A
N/A
$185,580
No

Tax History

Year
Tax Paid
Assessed Value
2022
$853
$72,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390,000
100%
0%
$0/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.

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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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348 Fm 1633 Road | Property Details | No Agent List