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Days7Days on Market
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$262,000

550 Lcr 463, Mexia, TX, 76667

$272,988 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.89 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters, RV Hookup
Lot Size1.16 acres

Building Information

Year Built1967
Garage Spaces2

Land Information

APNR18218
Land UseResidential
Legal DescriptionA030 P VARELA, BLOCK 044, ACRES 1.16
Census Tract970200
Assessed Land Value$24,500
Assessed Improvement Value$264,170
Assessment Year2024

About this property

Come see this 3 bedroom, 3 bathroom home on 1.16 acres in Mexia. This home offers comfortable living space with room to spread out both inside and out. The spacious layout features abundant cabinet storage, making organization a breeze, while the office includes built-in shelving for a functional workspace or home library. Step outside to enjoy the covered back patio overlooking large, mature trees that provide shade and privacy; perfect for relaxing or entertaining. Gather around the outdoor fire pit creating an inviting outdoor living space. A large shed offers endless possibilities for storage, hobbies, or projects. The shed and RV hookup are on a separate electrical service, adding convenience and flexibility for RV owners or workshop use. If you're looking for peaceful country living with practical amenities, this property is one you won't want to miss!

Investor Tools

Property Icon
$331,000
Estimated Property Value
$165,447Estimated Mortgage Balance
$184,914Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$272,987
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

Interested in this property?

Frances Calderon

Graceland Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,270
$288,670
2024
$24,500
$264,170
$288,670
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,270
$288,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hamilton Group Funding Inc
Fha
$165,447
Yes
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,086
$184,914
55%
44%
$992/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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550 Lcr 463 | Property Details | No Agent List