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209 N Martin Luther King Jr Hwy, Mexia, TX, 76667

--beds
1baths
784sqft
$80,000
$102price/sqft
$735/moest. monthly cost
$29,400/yrincome needed

About This Home

Dream of owning your own restaurant? Start here with an already established customer base, beloved menu and amazing location! This property has been a small town Mexia staple since the 1950's. Cater to the existing patrons, or expand while making the changes you see fit to grow the business. Call today to see this charming piece of Mexia history, you won't regret it!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

--
3/10
Mexia J High SchoolGrades 6-81.7 mi
3/10
Mexia High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Board & Batten Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Range,Some Commercial Grade

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 20 x 15

Features

  • Kitchen Island,Pantry,Cable TV
  • Flooring: Laminate,Linoleum,Wood

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Ceiling Fan(s),Electric,Window Unit(s)

Interior Area

  • Total interior livable area: 784 sqft

Living Room

  • Level: First
  • Dimensions: 20 x 8

Other

  • Level: First
  • Dimensions: 8 x 5

Property

Details

  • Parcel number: R19266
  • Exclusions: Ruby Lee's Cafe sign and use of the Ruby Lee's Cafe business name.

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 9,230 sqft

Parking

  • Parking features: Additional Parking,Drive Through,Gravel,On Site,Off Street,Outside,Parking Lot

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 WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado

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 $404$4,848
Home Insurance *$31$372
Property Taxes $62$744
Electricity $238$2,859
Total$735$8,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,200/yr
40% on housing$22,050/yr
45% on housing$19,600/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

$102This listing

vs Other Active Listings

Avg $/sqft

ZIP 76667$126
Limestone County$203

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)

No zestimate history available

Price History

DateEventPrice
2025-10-30Listed for sale$80,000

For Sale by Agent

AgentCaitlin Curry
BrokerageColdwell Banker Realty

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