Paragon Realtors Real Estate

420 Martin Luther King DriveMexia, TX 76667Price: $339,900

  • Price: $339,900
  • 114 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
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  • $339,900List Price
  • 3.04Acreage

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Listed by Mitzi Eves of Coldwell Banker Realty (254-562-7899)
REDUCED!! 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 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.

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Property Details of 420 Martin Luther King Drive

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 10:53 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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