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$16,000

NAL Estimated Property Value

531 W Bowie St, Mexia, TX, 76667

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover the perfect spot to build your future home with this spacious lot located in Mexia ISD. Whether you're planning your dream home or looking for an investment opportunity, this property offers plenty of potential. Enjoy the convenience of being close to town, with its prime location in a great school district, this lot is ready for your vision. Don’t wait—land like this doesn’t last long!

Investor Tools

Property Icon
$16,000
Estimated Property Value
$168,946Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$14/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$87
$3,220
2024
$3,220
N/A
$3,220
No

Tax History

Year
Tax Paid
Assessed Value
2022
$87
$3,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vanderbilt Mortgage & Finance Inc
Conventional
$170,431
No
First
Nov 25, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,946
N/A
0%
1056%
$1,022/mo

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.

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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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531 W Bowie St | Property Details | No Agent List