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$839,000

6351 FM 39 Fm 39, Mexia, TX, 76667

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About this property

A rare opportunity awaits with this stunning 98.75-acre property, A RARE OPPORTUNITY AWAITS WITH THIS STUNNING 98.75 ACRE PROPERTY IN MEXIA, TX - The remaining acreage of the former Mexia Country Club and Stoneridge Golf Course lies on the outskirts of Mexia, Texas on FM 39. Surrounded by mature trees and wide-open countryside, the property showcases a gorgeous 12-acre lake and sweeping views that create an unforgettable landscape. The combination of open pasture, wooded areas, and natural beauty offers endless possibilities, whether you're envisioning a premier residential subdivision, a private estate, recreational retreat, or long-term investment. With its unique topography, established greenspace, water and electric lines running throughout, 3 metal Shops or Storage buildings, and it's proximity to the growing Mexia community, this one-of-a-kind property is ideally suited to accommodate future development while preserving the peaceful character and scenic appeal that make it truly special. This rare tract combines natural beauty, privacy, and accessibility, making it perfectly positioned to meet the area's future growth and housing demands while offering endless possibilities for visionary investors and developers. Mexia is located in Central Texas being 30 minutes from Corsicana, 45 minutes East of Waco and 1.5 hours South of Dallas. Mexia provides shopping at Wal-Mart, Tractor Supply, HEB, a variety of national food franchises, Navarro College, and an thriving Industrial Park with Manufacturing and Industrial companies.

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$0Estimated Mortgage Balance
$839,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,034 /month
Positive
Cash Flow Estimate:
$1,678 /month

Interested in this property?

Mitzi Eves

Coldwell Banker Realty

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Financing Details

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

City: Mexia

6351 FM 39 Fm 39 | Property Details | No Agent List