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420 Martin Luther King Drive, 
Mexia, TX 76667

$339,900

—

Bed

—

Bath

4,920

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Mitzi Eves
Coldwell Banker Realty

Last updated:

January 20, 2026, 12:42 PM

MLS#

20517554

Source:

GDAR

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About This Home

420 Martin Luther King Drive

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 being surveyed - should be 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.

Home Facts

Multi-Family

Built in 2007

Price Summary

339,900

$69 per Sq. Ft.

MLS #:

20517554

Last Updated:

January 20, 2026, 12:42 PM

Rooms & Interior

Interior

Living Area:

4,920 Sq. Ft.

Structure

Structure

Building Area:

4,920 Sq. Ft.

Year Built:

2007

Lot

Lot Size (Sq. Ft):

174,240

Finances & Disclosures

Finances

Price:

$339,900

Price per Sq. Ft:

$69 per Sq. Ft.

420 Martin Luther King Drive
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Mitzi Eves

(254) 744-1692

(254) 744-1692

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated January 20, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.