Date
Details
Price
Change
Source
4/07/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 516 S McKinney St
General
- Price: $399,900
- Taxes: $2,438
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21232143
- Updated: 4/8/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Pantry
- Appliances: Gas Range, Refrigerator
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 3
- Total Spaces: 3
- Parking Features: Additional Parking, Driveway
Location
- County: Limestone
- Subdivision: Mexia
- Driving Directions: From Waco, Travel East to Mexia, Turn Right onto N McKinney St., Street turns into S McKinney St., 3 of the Parcels are located on the Right.
School Information
- Elem School District: Mexia ISD
- Midd School District: Mexia ISD
- High School District: Mexia ISD
- Elementary School: Mcbay
- High School: Mexia
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas, Space Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,416
- Sq. Ft. Source: Appraiser
- Year Built: 1969
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Size Source: Owner
Financial Considerations
- Tax Amount: $2,438
Disclosures and Reports
- Legal Description: DIVISION M MEXIA, BLOCK 005, (75X145')
- Property ID: R20860
- Block: 5
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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— 516 S McKinney St —
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 516 S McKinney St
School District:Mexia Independent School District
| Name | Grades | Distance |
|---|---|---|
A B Mcbay Elementary School 1000 North Ross Avenue, Mexia, TX 76667 | PK-2 | 1.2 mi |
R Q Sims Intermediate School 1010 North Ross Avenue, Mexia, TX 76667 | 3-5 | 1.4 mi |
Mexia J High School 1 Blackcat Dr, Mexia, TX 76667 | 6-8 | 1.6 mi |
Mexia High School 1120 North Ross Avenue, Mexia, TX 76667 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 S McKinney St
Tax History
Tax History for 516 S McKinney St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,438
76%
$109,006
9%
2022
$1,386
—
$100,130
3%
2022
$1,386
—
$97,010
88%
2022
$1,386
126%
$51,490
8%
2021
$612
—
$47,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 516 S McKinney St
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516 S McKinney Street, Mexia, TX 76667 (MLS# 21232143) is a Multi-Family property with 3 units containing 6 bedrooms and 4 full bathrooms. 516 S McKinney Street is currently listed for $399,900 and was received on April 07, 2026. This property is listed by Heritage Real Estate Group from our Dallas Office.Want to learn more about 516 S McKinney Street? Do you have questions about finding other Multi-Family real estate for sale in Mexia? You can browse all Mexia real estate or contact a Coldwell Banker agent to request more information.