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516 S Mckinney Street

Mexia, TX 76667
  • $399,900
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 21232143
UPDATED: 50 min ago
$399,900
  • 6
    BEDS
  • 2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Dawn James of Coldwell Banker Realty: .

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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-14T23:42:51.023.
www.thewacohomefinder.com/homes/174931170
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516 S Mckinney Street Mexia, TX 76667

  • Price: $399,900
  • Status: Active
  • On Site: 7 Days
  • Updated: 50 min ago
  • MLS #: 21232143
6
Beds
4
Baths
0
½ Baths
2
Acres
1969
Built
Neighborhood:
Mexia
County:
Limestone
Area:
Mexia
Elementary School:
Mcbay
High School:
Mexia
School District:
MEXIA ISD
Property 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.
Exterior Features

Carport Spaces 1 Construction Siding Covered Spaces 3 Foundation Pillar/Post/Pier Lot Size Source Owner Parking Or Garage Additional ParkingDriveway Parking Spaces 3 Patio And Porch Features Deck Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances Gas RangeRefrigerator Attached Garage Yes Cooling Window Unit(s) Flooring Wood Garage Yes Handicap YN No Heating Natural GasSpace Heater Interior Features Eat-in KitchenHigh Speed Internet AvailablePantry

Property Features

Building Area Source Appraiser Building Area Total 1416.00 Complex Name 3 Single Family Rentals Construction Status Preowned Gross Annual Expenses 300.00 Gross Annual Income 44400.00 HOA None Insurance Expense 3000 Intermediate School Name Simms Junior High School Name Mexia Levels One Municipal Utility District No Net Operation Income 41100 Operating Expense Includes Accounting Possession Closing/Funding Property Type Multiple Single Units Unexempt Taxes 2438 Utilities City SewerCity WaterElectricity Connected Will Subdivide Yes

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-14T23:42:51.023.
 
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A.G. Real Estate & Associates
15190 Badger Ranch Unit 103
Waco TX, 76712
Offered by Dawn James of Coldwell Banker Realty: .