This is an investment property currently leased. This property could be used for residential and commercial. The home does need some TLC like leveling and roof repair, but has been a good rental income producing property and could be a good investment property due to location and size of lot. Current lease is thru July 31, 2026 and is $1350 per month. The home has a lot of character and some nice features inside like the original hardwood floors, heavy solid wood doors with original glass, double french doors leading into the dining room, and swinging wood door into the kitchen. There is a large marble walk in shower, pedestal sink, and chandelier in the hall bath. One of the bedrooms that has an ensuite bath is accessed through another bedroom. The home does have central air and heat. There is a large workshop with 1 car garage at the back of the property, as well as a storage building, and a fenced in backyard. Great income producing property for an investor.
For sale
$150,000
509 N Ross Ave, Mexia, TX 76667
3beds
1,818sqft
Est.:
Single Family Residence
Built in 1961
0.52 Acres Lot
$144,600 Zestimate®
$83/sqft
$-- HOA
What's special
Original hardwood floorsStorage buildingCentral air and heatFenced in backyardSwinging wood doorPedestal sinkDouble french doors
- 32 days
- on Zillow |
- 652 |
- 43 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 06:37pm
Listed by:
Dawn James 711736,
Coldwell Banker Realty 214-453-1850
Source: NTREIS,MLS#: 20994504
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom
- Level: First
- Dimensions: 12 x 9
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Dining room
- Level: First
- Dimensions: 15 x 12
Living room
- Features: Fireplace
- Level: First
- Dimensions: 15 x 22
Appliances
- Laundry: Laundry in Utility Room
Features
- Chandelier, Granite Counters, High Speed Internet, Pantry
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total interior livable area: 1,818 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway, Garage
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Back Yard,Chain Link
Lot
- Size: 0.52 Acres
Details
- Parcel number: R21498
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Detached
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Overhead Utilities, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Mexia
HOA
- Has HOA: No
Location
- Region: Mexia
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $190,470
- Annual tax amount: $4,288
- Date on market: 7/9/2025
- Electric utility on property: Yes
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