
$35,690
NAL Estimated Property Value512 S Mckinney Street, Mexia, TX, 76667
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Historic Home ready for renovation. This would make an awesome B&B or a unique office. It is located on one of the most traveled streets in Mexia. The history of this home is that it was a bicycle shop. The home has not been occupied for some time, so utilities will need to be reconnected with the city and will probably need new sewer line and water line to the meter. There are no leaks in the roof. The pier and beam home needs to be leveled. Sheet rock has been installed but needs tape and texture. The electrical will need to be inspected as it may have a combination of old and new wiring. There is a green house next door for sale as well as the one acre lot behind both homes that can be sold as a package deal - so much potential. Bring this historic home back to it's glory days.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Mexia
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