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About This Home

This 6-bedroom, 4-bathroom residential multi family at 516 S Mckinney Street in Mexia, TX is listed for $399,900. Built in 1969, on a 2.00 acres lot.

Agent 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.

Key Features

  • Built in 1969
  • 2.00 acre lot
  • 3 parking spaces

Property Details

1 story
4 full
3 spaces
1969

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

516 S Mckinney Street

Mexia, TX 76667

Features & Amenities

Interior Features

Eat-in KitchenHigh Speed Internet AvailablePantry

Property Details

Flooring

Wood

Parking

Driveway

Heating

Natural GasSpace Heater

Cooling

Multi UnitsWindow Unit(s)

Appliances

RangeRange - GasRefrigerator

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 516 S Mckinney Street is listed at $399,900. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1969, 2.00 acre lot, 3 parking spaces. Interior Features: Eat-in Kitchen, High Speed Internet Available, Pantry.

This property is listed by Dawn James and can be reached at 2148284300 or dawnjamesrealestate@gmail.com.

DJ

Dawn James

Agent at Coldwell Banker Realty

(214) 828-4300

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 21232143· Source: listhub· Updated today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

516 S Mckinney Street, Mexia, TX 76667

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