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$202,000

NAL Estimated Property Value

513 Lcr 377, Mexia, TX, 76667

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,267 Sq Ft
price_per_sqft$98.66 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1980

Land Information

APNR18644
Lot Number11,12
Land UseResidential
Legal DescriptionLAKE MEXIA BURR OAK, BLOCK A, LOT 011 - 012, (PT OF 11)
Census Tract970600
Assessed Land Value$38,800
Assessed Improvement Value$108,540
Assessment Year2024

About this property

MULTIPLE OFFERS RECEIVED! Best offers due 4-25 7PM! Waterfront Lakehouse on Lake Mexia! Bring your fishing pole and get ready to relax. This home is 3 bedrooms, 2 bathrooms with open kitchen, living and dining space! Large living room has windows that allow you to take in the view of the lake and the dock! Split floorplan has owners suite with full bathroom. 2 additional bedrooms have large updated bathroom. Metal roof and wrap around covered porches, with one screened-in porch area. Outside you will find a two level fishing dock, retaining wall, carport and large shop with electricity. The place is perfect for a weekend retreat or full time living at the lake. Lake Mexia has a surface area of 1,048 acres and known for great fishing. Lake Mexia is unique in that it is a leasehold estate on the land, however, this does not effect the process of purchasing the home. Whether it is boating, jumping off the dock, reconnecting with friends and family, this spot has it all.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$899
$147,340
2024
$38,800
$108,540
$147,340
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2022
$899
$147,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
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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513 Lcr 377 | Property Details | No Agent List