








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Mexia at 236 Lcr 498, Mexia, TX, 76667 offers a 9.85% rental yield on a $249,900 purchase with $2,052/mo rent. Total monthly income registers $2,052/mo, and a $1,223/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,301/yr on $82,842 to close, and return on cash invested stands at 23.89% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 125.48% and total cumulative return in cash at $103,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,052/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
Date | Event | Price |
|---|---|---|
| 2025-01-14 | Price change | $249,900 |
| 2024-12-23 | Listed for sale | $264,900 |
| 2021-03-15 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2489.58 | -30.08% | $232,199 | 10.00% |
| 2023-02-13 | $3560.45 | 17.98% | $211,090 | 30.12% |
| 2022-02-13 | $3017.81 | 3.67% | $162,230 | 7.59% |



Listed by: Andee Barker • Heritage Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #227207
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 05:23:24 PST