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Mexia, TX High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Mexia, Texas Market population: 7K. Explore income-producing properties with verified cap rates and operating...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Mexia TX Properties: 1.4100%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Mexia TX

Common questions from investors exploring commercial real estate in Mexia TX.

What's the overall investment potential of Mexia, TX, considering its demographics and economy? +
Mexia's population of 7,466, with a median age of 31.5 and top industries in Transportation & Warehousing, & Utilities, and Public Administration, suggests a stable workforce. However, the 29.7% poverty rate and $32,870 median household income indicate a need for affordable housing options, which could be an investment opportunity. The city's ethnic diversity, with White, White Non-Hispanic, and Black populations, and a foreign born rate of 3.8%, adds to its cultural richness and potential for market demand.
How does the city's commute time and health insurance coverage impact the quality of life for residents and potential tenants? +
The average commute time of 15 minutes in Mexia is relatively short, and with top commute methods including driving alone, carpooling, and working from home, it suggests a convenient and flexible lifestyle for residents. Combined with a health insurance coverage rate of 74%, this indicates a decent quality of life, which is attractive for potential tenants and contributes to market stability. The poverty rate of 29.7% and health insurance coverage rate also suggest a working-class market with some employment stability.
What are the implications of Mexia's housing market and poverty rate for real estate investors? +
The median property value of $64,100 and median property taxes of $1,560 in Mexia are relatively low, which could make it an attractive option for investors looking for affordable properties. However, the 29.7% poverty rate and $32,870 median household income suggest that tenants may be price-sensitive, and investors should consider this when setting rental rates. The homeownership rate of 61.5% also indicates a potential demand for rental properties, particularly for those who cannot afford to buy.
How does the ethnic diversity and industry mix in Mexia impact market demand for real estate? +
The ethnic diversity in Mexia, with a mix of White, White Non-Hispanic, and Black populations, contributes to a rich cultural scene and potentially diverse market demand. The top industries in Transportation & Warehousing, & Utilities, and Public Administration also suggest a stable workforce and potential demand for housing from employees in these sectors. Additionally, the foreign born rate of 3.8% may indicate a growing international community, which could further diversify market demand and create opportunities for investors to cater to specific cultural or linguistic groups.
What role do health insurance coverage and commute time play in assessing the stability of the rental market in Mexia? +
The health insurance coverage rate of 74% in Mexia, combined with the relatively short average commute time of 15 minutes, suggests a level of employment stability and access to healthcare, which are important factors for rental market stability. This, in turn, can contribute to a lower risk of tenant turnover and non-payment, making the rental market more attractive to investors. Furthermore, the GINI coefficient of 0.449 indicates a moderate level of income inequality, which investors should consider when evaluating the potential for rental income and property appreciation.

Mexia TX Real Estate & City Facts

Key facts and real estate information about Mexia TX.

What are some of the best neighborhoods to live in Mexia? +
Some of the best neighborhoods to live in Mexia, TX, include areas with lower crime rates and higher quality of life, such as those near Fort Parker State Park and the Confederate Reunion Grounds State Historic Site. However, the quality of neighborhoods can vary significantly, and it's essential to research and visit each area to determine which one is the best fit for you.
What are some fun things to do in Mexia? +
There are plenty of fun things to do in Mexia, TX, such as visiting the Fort Parker State Park, exploring the Confederate Reunion Grounds State Historic Site, and enjoying outdoor activities like kayaking and canoeing. You can also check out the Mexia Swimming Pool, El Tenampa, and the Falcon Club for some entertainment options.
What is the food scene like in Mexia? +
The food scene in Mexia, TX, offers a variety of options, including restaurants like Farm House, Mama's Place, Joe Friday's Diner, Frankie's Pasta & Pizza, and Wright's Original BBQ. There are also plenty of great food trucks and cafes, such as the Blackcat Cafe, which serves excellent lattes and has a cozy vibe. Additionally, you can find traditional Mexican cuisine at places like El Tenampa and Taqueria Mexicano.
What are the pros and cons of living in Mexia? +
The pros of living in Mexia, TX, include its small-town charm, outdoor recreational opportunities, and a relatively low cost of living. However, some cons include a higher crime rate compared to other cities of similar size, limited job opportunities, and a lower median household income. It's essential to weigh these factors and consider what's important to you when deciding whether to live in Mexia.
Is Mexia a good place to live? +
Mexia, TX, can be a good place to live for those who value a close-knit community, outdoor activities, and a relatively low cost of living. While it has its challenges, such as a higher crime rate and limited job opportunities, the city also offers a unique charm and a range of recreational activities. Ultimately, whether Mexia is a good place to live depends on your individual priorities and preferences.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Mexia TX Commercial Property: $32,870

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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