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$348,000

1227 Lcr 504, Mexia, TX, 76667

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesBuilt In Refrigerator, Dishwasher, Electric Range, Electric Water Heater, Microwave
FlooringLuxury Vinyl Plank

Exterior

Lot Size4 acres

Building Information

Year Built1980

Land Information

APN17343
Land UseResidential
Legal DescriptionA034 M R ALSTON, ACRES 4
Census Tract970200
Assessed Land Value$72,800
Assessed Improvement Value$131,762
Assessment Year2026

About this property

Escape to country living with this beautifully remodeled 4-bedroom, 2-bath farmhouse situated on 4 picturesque acres. This property offers the perfect blend of modern upgrades and farmhouse charm, plus an additional 763 sq. ft. unfinished home with endless possibilities for guest quarters, rental income, a workshop, or home office. The main farmhouse has been extensively updated from top to bottom, including all new electrical wiring, plumbing, ductwork, water heater, doors, lighting, and appliances. The stunning kitchen features custom cabinetry, butcher block countertops, a farmhouse sink, and a movable island on casters for added flexibility and function. The spacious primary suite includes a beautifully designed bathroom with custom cabinets, granite countertops, double sinks, custom shower, and separate his-and-her closets. Throughout the home you'll find durable waterproof luxury vinyl plank flooring, creating a seamless and stylish look. Outside, enjoy the beauty and privacy of 4 scenic acres with plenty of room for gardening, livestock, recreation, or future expansion. Remodel almost complete with outside cleanup left which will be completely in the next 2 weeks. Great country setting with endless possibilities Move-in ready with quality upgrades throughout. Don't miss this opportunity to own a beautifully renovated farmhouse on acreage at a great price!

Investor Tools

$45,594Estimated Mortgage Balance
$233,406Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$204,562
2026
$72,800
$131,762
$204,562
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$204,562

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Incommons Bank Na
N/A
$70,200
N/A
First
Feb 22, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,594
$233,406
83%
16%
$0/mo

City: Mexia

1227 Lcr 504 | Property Details | No Agent List