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Days162Days on Market
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$69,900

$79,900

518 S Mckinney St, Mexia, TX, 76667

$90,870 ARVInfo
On MarketInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths1,828 Sq Ft
RetailRetail
Year BuiltBuilt in 1966

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet

Land Information

APNR16697
Land UseCommercial
Legal DescriptionDIVISION M MEXIA, BLOCK 005, (50X150' CENTER)
Census Tract970400
Assessed Land Value$5,850
Assessed Improvement Value$57,310
Assessment Year2024

About this property

Discover a unique commercial opportunity in the heart of Mexia, Texas, with this former floral shop, perfect for entrepreneurs looking to establish a vibrant business. This space is well-suited for a variety of uses, from retail to service-oriented ventures.

Investor Tools

$0Estimated Mortgage Balance
$63,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$90,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$419 /month
Positive
Cash Flow Estimate:
$140 /month

Interested in this property?

Blake Emert

Blue Duck Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,107
$63,160
2024
$5,850
$57,310
$63,160
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,107
$63,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$63,160
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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518 S Mckinney St | Property Details | No Agent List