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$169,000

$174,500

521 Fm 2838, Mexia, TX, 76667

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.17 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Range, Electric Water Heater, Ice Maker, Microwave
FlooringCarpet, Linoleum

Exterior

Lot Size12,197 sqft

Building Information

Year Built1976

Land Information

APNR17179
Lot Number17
Land UseResidential
Legal DescriptionTOWN & COUNTRY ADDITION MEXIA (OCL), LOT 017, ACRES 0.28
Census Tract970200
Assessed Land Value$13,500
Assessed Improvement Value$145,210
Assessment Year2024

About this property

PRICE IMPROVEMENT! Now offered at $169,000, this well-maintained home offers outstanding value for buyers looking for space, flexibility and a convenient Limestone County location just outside the Mexia city limits. This brick home is currently configured as a spacious two-bedroom layout with the primary bedroom opened to an adjoining room - perfect for a home office, nursery, sitting area or oversized walk-in dressing area. It could easily be converted back into a third bedroom. Recent updates include triple-pane windows, kitchen appliances, and an updated tile shower in the primary bath. The converted garage provides a wonderful family room with a wood-burning stove and opens to an additional living or dining area, creating multiple spaces for relaxing or entertaining. Enjoy your morning coffee in the breakfast area overlooking the fenced backyard, with great space for the gardening or outdoor enthusiast, including a greenhouse with electricity. Perfect for anyone looking for extra workspace! Conveniently located, this property offers affordable country living with an easy commute. Schedule your showing soon!

Investor Tools

Property Icon
$173,000
Estimated Property Value
$0Estimated Mortgage Balance
$173,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

Interested in this property?

Lesa Hancock

Realty Plus - Mexia

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$798
$158,710
2024
$13,500
$145,210
$158,710
No

Tax History

Year
Tax Paid
Assessed Value
2022
$798
$158,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,000
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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521 Fm 2838 | Property Details | No Agent List