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$223,000

NAL Estimated Property Value

715 E Main St, Mexia, TX, 76667

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.93 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Range

Building Information

Year Built1939
Garage Spaces1

Land Information

APNR21228
Lot Number5
Land UseResidential
Legal DescriptionDIVISION F MEXIA, BLOCK 005, LOT 005
Census Tract970500
Assessed Land Value$4,490
Assessed Improvement Value$46,150
Assessment Year2024

About this property

Completely rebuilt from the studs up, this beautifully reimagined home blends modern design with peace-of-mind upgrades. Every detail has been thoughtfully updated including new plumbing, new electrical, foundation improvements, spray foam insulation in walls and attic, fresh interior and exterior paint, and high-end finishes throughout. Step inside to an open-concept layout featuring luxury flooring, a sleek electric fireplace, designer lighting, and a statement front door. The fully updated kitchen offers granite countertops, custom cabinetry, modern backsplash, stainless steel appliances, and a large island perfect for entertaining. The spa-inspired bathroom showcases floor-to-ceiling tile, updated fixtures, and contemporary finishes. All appliances can convey washer, dryer, refrigerator, dishwasher, and cooktop, making this home truly move-in ready. Outside, enjoy a spacious backyard with room to entertain, garden, or create your own outdoor retreat, plus a detached garage for additional storage or workspace. This is modern living with the confidence of major system upgrades already completed, a rare find combining style, function, and long-term value.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$562
$50,640
2024
$4,490
$46,150
$50,640
No

Tax History

Year
Tax Paid
Assessed Value
2022
$562
$50,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$223,000
100%
0%
$0/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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715 E Main St | Property Details | No Agent List