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$899,000

383 Lcr 476, Mexia, TX, 76667

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths5,963 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.76 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringParquet

Exterior

Lot Size20.12 acres

Building Information

Year Built1997

Land Information

APNR41483
Land UseResidential
Legal DescriptionA030 P VARELA, BLOCK 018, ACRES 20.116
Census Tract970200
Assessment Year2024

About this property

Nice investment or multi-family property on 20 acres! When you enter the front foyer there are two doors. Enter the door on the right and you will find a Huge family room with vaulted ceilings, a formal dining room with french doors, a large island kitchen with granite countertops, custom cabinets, stainless steel appliances, a nice breakfast area with built in hutch, and a huge pantry with exterior door. Also, this part of the home has 3 bedrooms and 3 baths. The primary suite is HUGE with ensuite bath, the other two bedrooms are large as well and one of those has an ensuite bath. If you enter the Left door in the foyer you will find a nice living room, galley kichen, and a breakfast nook. There are 2 bedrooms and 2 more baths on this side. There is a 2nd Primary suite with a ensuite bath with a large tiled shower. At the back of the home there is a utility room which is shared between the two sides, but it is large enough to separate it and have each side be totally separate like a duplex. There once was a mobile home on the property and a separate septic exist to add another residence. Acreage is fenced with a pond and ready for livestock if you wish. Tons of possibilities for investment or a family to share.

Investor Tools

$0Estimated Mortgage Balance
$908,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,448 /month
Positive
Cash Flow Estimate:
$1,816 /month

Interested in this property?

Dawn James

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,441
$587,846
2024
N/A
N/A
$1,113,850
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,441
$587,846

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$908,000
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.

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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