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151 Cedar St #C3, Mexia, TX, 76667

2beds
2baths
1,200sqft
$480,000
$400price/sqft
$3,114/moest. monthly cost
$124,560/yrincome needed

About This Home

Enjoy your weekends at Lake Mexia! Just 40 minutes E of Waco, Lake Mexia is known for its abundant population of largemouth bass, crappie, and catfish. Lakefront home with fabulous views all around that can be enjoyed as you relax on the covered back porch. Two lots, 1.07 Acres, WATERFRONT, Low maintenance home with metal roof & siding, foam insulated, polished concrete flooring, all electric. Open floorplan with Big kitchen! Tons of cabintets and a breakfast bar, smooth top electric range with microwave above. Primary Bedroom with ensuite bath, tub & shower combo, walk in closet. Large, separate laundry room near kitchen concealed behind a pocket door. Nice, level yard with lots of space for gardening or play. From the gazebo you have a panoramic view of the lake & the amazing sunsets. Leasehold, No HOA, but there are some Rules & Regulations. $80 rental fee annually. Centrally located between Dallas, Houston, & Austin.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

--
3/10
Mexia J High SchoolGrades 6-87.1 mi
3/10
Mexia High SchoolGrades 9-127.0 mi

Construction

Condition

  • Year built: 2012

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Spray Foam Insulation,Aluminum Siding,Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • En-Suite Bath
  • Flooring: Concrete

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Features: Kitchen open to Family Room

Master Bathroom

  • Features: Primary Bath: Tub/Shower Combo,Secondary Bath(s): Shower Only

Property

Details

  • Parcel number: R40896

Features

  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 1.07 Acres
  • Features: Waterfront,2 Up to 5 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Hail
Heat Wave
Inland Flooding
Ice Storm
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,427$29,124
Home Insurance *$186$2,232
Property Taxes $263$3,156
Electricity $238$2,859
Total$3,114$37,368
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,765/yr
40% on housing$93,420/yr
45% on housing$83,040/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.4%
3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 76667$116
Limestone County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 76667
Limestone County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-30Price change$305,000
2026-02-17Listed for sale$315,000
2026-01-21Listing removed$315,000
2025-09-07Listed for sale$315,000

For Sale by Agent

AgentRachel Anderson
BrokerageRachel Anderson Real Estate

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