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516 S Mckinney St

Mexia, TX 76667
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6 Bedroom(s)
4 Full Bath(s)
2.00 Lot Acres
Multi-Family - 5 Plus

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Description

MEXIA INVESTMENT PROPERTIES - 3 HOME PACKAGE and an additional 1 ACRE parcel of Land fenced in the City of Mexia. 2 Homes are currently leased: 516 S McKinney St., Mexia, 1416 Sqft. with 2 Bedrooms, 1 Bath, 1 Car Garage home on .25 acre of land currently leased thru 1-31-27 at 1450 per month. 509 N Ross Ave,. Mexia, 1818 sqft with 3 Bedrooms, 2 Full Baths, a Garage, A Carport area and is on a .516 acre lot. leased thru 7-31-26 at 1350 per month. 1 of the homes needs to be renovated: 512 S McKinney St., Mexia, This home is over 100 years old, 1 Bedroom, 1 Bath, home with 968 sqft. The home is in need of total renovation and needs to be reconnected to city utility services. This historic home would be make a great bed and breakfast. There is a full 1 Acre Lot behind the homes on S McKinney street. This lot could be leased or developed. Properties can be purchased as a package deal or can be sold separately.

MLS#
NTREIS-21232143
List Price
$399,900
Listing Status
For Sale
Address
516 S Mckinney St
City
Mexia
State
TX
Zip Code
76667
County
Limestone County
Subdivision
Mexia
Legal Description
DIVISION M MEXIA, BLOCK 005, (75X145')
Property Type
Multi-Family - 5 Plus
Bedroom
6 Bedroom(s)
Bath
4 Full Bath(s)
Garages
2 / Attached
Stories
1
Year Built
1969 /Appraisal District
Lot Size
2.00 Lot Acres/OWNER
LP / Acre
$199,950 / Acre

Exterior

Roof
Composition
Foundation
Pillar/Post/Pier
Private Pool
No
Exterior Type
Siding
Parking
Additional Parking, Driveway
Parking Space
Garage 2 / Carport 1 / Total Covered 3
Porch
Deck
Utility
City Sewer,City Water,Electricity Connected

Interior

Floors
Wood
Heating
Natural Gas, Space Heater
Appliances
Gas Range, Refrigerator
Interior
Eat-in Kitchen, High Speed Internet Available, Pantry

Lot Information

Lot Size
2.00 Lot Acres /OWNER
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 18, 2026 at 06:16 AM
Listing last updated Apr 08, 2026 at 07:16 AM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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