GREAT RENTAL AND INVESTMENT PROPERTY ON HWY 14 - This property currently has 4 Manufactured Homes, a Cabin and room to add more. The existing MH on this property have all been purchased elsewhere, moved here and remodeled over the years. Current inventory of rentals: 1) MH 750sf, 2) MF 1116sf, 3) MH 750sf, 4) MF 1824sf, 5) cabin 480sf. Additionally there is a metal building 1200sf; 3 sided, tall roofed metal carport 400sf; and a portable single metal carport. The property has room to add more Manufactured Homes for increase income potential. Possibly add RV camper sites with County approval and septic availability. The property is being surveyed - should be approximately 4 acres. Listing Agent has several Lenders that will loan on moved MH.
Mexia is located in Texas. Mexia, Texas has a population of 6,946. Mexia is less family-centric than the surrounding county with 16.67% of the households containing married families with children. The county average for households married with children is 25.7%.
The median household income in Mexia, Texas is $34,541. The median household income for the surrounding county is $49,507 compared to the national median of $69,021. The median age of people living in Mexia is 36.9 years.
The average high temperature in July is 94.3 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 40.7 inches per year, with 0.3 inches of snow per year.