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$266,380

709 N Kaufman St, Mexia, TX, 76667

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,307 Sq Ft
TriplexTriplex
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Building Information

Year Built1993

Land Information

APNR17279
Lot Number3
Land UseCommercial
Legal DescriptionDIVISION B MEXIA, BLOCK 006, LOT 003, (95X151) & (50X152)
Census Tract970300
Assessed Land Value$14,770
Assessed Improvement Value$251,610
Assessment Year2024

About this property

Triplex with the possibility of additional unit(s)! Located 2 blks from Hwy 84 and within walking distance of HEB, CVS, Tejas Urgent Care and other retail businesses. Two units occupied by long term tenants who wish to continue leasing, this is an Investor's dream! Downstairs units are a 3/2 and a 1/1, but there is space for an efficiency unit and plumbing has been completed. Upstairs unit is approximately 2000 square feet with 3 bedrooms, 2 bathrooms, large living with cathedral ceiling and wood burning fireplace, a second living area and a nice covered deck partially enclosed for privacy. Tenants have access to shaded backyard and covered area for outdoor entertaining. Photos shown were taken by Owner in 2017 and may not reflect the current flooring updates.

Investor Tools

Property Icon
$266,380
Estimated Property Value
$206,250Estimated Mortgage Balance
$75,570Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,876
$266,380
2024
$14,770
$251,610
$266,380
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,876
$266,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kadlogic Inc
Conventional
$206,250
No
First
May 17, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,810
$75,570
28%
72%
$1,237/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.

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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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709 N Kaufman St | Property Details | No Agent List