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$839,000

6351 FM 39 Fm 39, Mexia, TX, 76667

On MarketInfo
Just AddedInfo
Beds Beds
Baths Bath
Baths4,924 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesStorage
Lot Size22.50 acres

Building Information

Year Built2004

Land Information

APNR17403
Land UseCommercial
Legal DescriptionA030 P. VARELA, BLOCK 050, ACRES 22.5
Census Tract970200
Assessed Land Value$133,750
Assessed Improvement Value$49,450
Assessment Year2024

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.

Investor Tools

$0Estimated Mortgage Balance
$65,700Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,128
$65,700
2024
$133,750
$49,450
$183,200
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,128
$65,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$65,700
100%
0%
$0/mo

City: Mexia

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