Mexia Homes under $500,000

Welcome to Mexia, Texas—a hidden gem nestled in the heart of Limestone County! This charming city, rich in history and southern hospitality, offers a unique blend of small-town charm and modern convenience. With its picturesque landscapes and friendly community, Mexia is the perfect place for families, retirees, and everyone in between.

One of the most appealing aspects of Mexia is its affordable housing market. If you're in search of a cozy home without breaking the bank, you’ll be thrilled to discover a variety of homes available for under $500,000. Whether you’re looking for a quaint cottage, a spacious family home, or a modern townhouse, Mexia has something to suit every taste and budget. The real estate options here not only offer affordability but also the opportunity to invest in a growing community.

In addition to its attractive housing market, Mexia boasts a wealth of recreational activities and amenities. Enjoy the great outdoors at the nearby Lake Mexia, where fishing, boating, and picnicking are just a few of the delightful pastimes available. The city is also home to a vibrant downtown area, featuring local shops, eateries, and a strong sense of community spirit.

With its rich history, welcoming atmosphere, and affordable homes, Mexia is not just a place to live; it’s a place to thrive. Come explore all that this beautiful Texas town has to offer, and find your dream home today!

Newest Mexia Homes under $500,000

$275,000

4 Beds ⋅ 2 Baths ⋅ 21403391 MLS

Welcome to this beautifully maintained 4-bedroom, 2-bathroom single-family home located at 816 Crestline Drive in Mexia, TX. Built in 2003, this 1,823 square foot home offers the perfect blend of comfort, functionality, and outdoor living — ideal for families, entertainers, or anyone looking for move-in ready space in Limestone County. Step inside to find vaulted ceilings that create an open, airy feel throughout the main living areas, paired with a charming fireplace in the living room — perfect for cozy nights in. The thoughtful layout includes four spacious bedrooms and two full bathrooms, offering plenty of room for family, guests, or a home office setup. One of the standout features of this property is the bright and versatile sun room, offering additional living space that's perfect for a reading nook, home gym, playroom, or year-round retreat overlooking the backyard. Outside, enjoy your own private oasis with a sparkling in-ground pool, perfect for hot Texas summers, weekend get-togethers, or simply relaxing at home. Parking and storage are no issue here, with an attached 2-car garage and an attached 2-car carport, providing space for four vehicles, a boat, recreational equipment, or extra storage. This home combines classic charm with practical upgrades, making it a fantastic opportunity for buyers seeking a pool home in Mexia, TX with generous living space, covered parking, and unique bonus rooms not always found in homes at this price point. Don't miss your chance to make 816 Crestline Drive your next home — schedule a private showing today and see everything this property has to offer!

816 Crestline Dr, Mexia

$340,000

3 Beds ⋅ 2 Baths ⋅ 21402695 MLS

AWESOME HOME WITH TONS OF UPDATES AND GREAT LOCATION IN MEXIA ISD! This beautifully updated 3 Bedroom, 2 Bath brick, corner lot home offers an abundance of space and versatility with multiple living areas, including a formal living room, cozy den and a spacious Game room - perfect for entertaining or relaxing. The inviting Entry hall leads to the open-concept Formal Dining Room and Formal Living Room area flows seamlessly into the Den which features a charming fireplace, built-in bookcases and a warm, inviting atmosphere. The Kitchen features granite countertops, nice appliances, large walk-in pantry, and a bright breakfast area which offers a great view to the peaceful backyard. Besides a Formal Living Room and a Den, the home also offers a 3rd living area - a large Game Room. This room is perfect for the kids to hang out on a sectional sofa and watch movies or add a pool table for family fun. The Primary Bedroom is spacious enough for a King sized bed and nightstands. You will also love the double closets and ensuite bath with double vanity. The secondary bedrooms have a Jack n Jill bath that also opens to the hallway for Guests to access. Outside you will find a new extra large concrete patio with new metal awning. Sit outside and watch your favorite sports team while hosting a BBQ with family and friends as the kids play in the extra large backyard with privacy fence. Additional highlights include a 2 car garage with tons of storage and shelving. This lovely home has been well maintained and includes recent updates of fresh paint, new vinyl clad windows throughout with custom plantation shutters, and reputable foundation work with a Lifetime transferrable warranty. Schedule to see this home today! You will instantly fall in love!

901 Hillandale St, Mexia

$140,000

2 Beds ⋅ 2 Baths ⋅ 21398157 MLS

Beautiful 2 Bedroom, 2 Bath in Mexia! This home is move-in ready for it's new owners.. or tenants! This home poses as a perfect starter home, a downsize for retirees, or an investment opportunity for rental income. Every aspect of this property was designed with intention including the privacy fence surrounding the property, gutters lining the roof, attached carport for covered parking, vaulted ceilings that make the home feel spacious & airy, down to the split floor plan separating the bedrooms for privacy. The location is unbeatable, seconds away from the local schools and blocks away from grocery stores & restaurants; this brand new home is a must-see for all!!

717 Alice St, Mexia

$349,000

3 Beds ⋅ 2 Baths ⋅ 21380362 MLS

FARMHOUSE ON 5 ACRES IN POINT ENTERPRISE! Surround yourself with original farmhouse features on the inside and nature outside just minutes outside the City limits. This gated and fully fenced 5 acre property has many extras: metal garage or shop, additional metal 3 sided barn, storage building, a chicken coop and fenced-cross fenced for your animals or projects. Enjoy your morning coffee or your evening star gazing on the wraparound porch. Inside you will find a great floorplan with a large Living Room that flows to the spacious dining room which is in the heart of the home. The kitchen is wide with an abundance of cabinets and connecting Laundry room. Across the back of the home is a screened in porch area which is a great location for a hot tub or entertaining guests. Anyone doing chores outside on the acreage can enter the back of the home through the porch and walk straight into the laundry room. Another plus is that each bedroom is oversized with decent closet space. Outside will accommodate any family who loves gardening or animals. You have a fenced area with a metal barn, fenced area for chickens and a chicken coop and the front yard is fenced.

1292 Fm 1365, Mexia

$79,900

2 Beds ⋅ 1 Baths ⋅ 21387285 MLS

INCOME POTENTIAL - TENANT OCCUPIED PROPERTY, MEXIA, TX This property is situated on the south side of Hwy 84 or Milam Street in Mexia, Texas. Currently there is a paying Tenant in place - property is perfect for an Investor. Selling AS IS this 2 bedroom, 1 bath property potentially has future Commercial potential along the Highway. Milam Street will be expanding to a total of 5 lanes from Whataburger to past Wal-Mart. The future turn lane will allow traffic to have easier access to businesses along the street.

1218 E Milam St, Mexia

$419,000

3 Beds ⋅ 2 Baths ⋅ 21385118 MLS

Looking for a cozy, peaceful lakehouse retreat? This beautifully renovated Lake Mexia cabin is ready for you to move in and enjoy the lake life! Lake Mexia is a hidden gem offering excellent fishing for crappie, catfish, and largemouth bass, plus boating, kayaking, jet skiing, or simply relaxing by the water. Conveniently located approximately 40 minutes from Waco, 1.5 hours from DFW, and 2.5 hours from Austin and Houston, this property is perfect as a weekend getaway, full-time retreat, or short-term rental investment. Inside, the open-concept floorplan offers spacious bedrooms and a wonderful sunroom, perfect for morning coffee, afternoon naps, or enjoying the peaceful surroundings. A deck is located just off the sunroom, while the primary bedroom opens to a covered patio, perfect for relaxing outdoors or adding a hot tub or swim spa. The home has been extensively renovated over the past three years. 2023 improvements include a new HVAC system, interior and exterior paint, LVP flooring throughout the main living areas and bedrooms, marble tile in both bathrooms, and completely redesigned kitchen and bathrooms. The beautiful kitchen features a large island, designer finishes, new backsplash and countertops, stainless steel appliances, and abundant cabinet space. Both bathrooms offer a spa-like feel, including a deep soaking tub in the hall bath and a new porcelain tile shower in the primary suite. Major improvements continue outside with a new septic system in 2025, new 200-amp electrical service and panel in 2026, and a new carport and patio in 2025. Concrete curbs and a sidewalk were added in 2025 to improve drainage and manage water flow around the property. The seller will provide a $7,500 credit toward a new extended dock, giving you the opportunity to further enhance your lake experience. All the major work has been done, just move in and start making memories! Seller is a licensed real estate agent.

354 Lcr Redbud A, Mexia

$249,900

3 Beds ⋅ 2 Baths ⋅ 21381047 MLS

Enjoy country living at 1033 LCR 454 in the Shiloh community near Groesbeck. Situated toward the back of the property and surrounded by mature trees, this well-maintained 3-bedroom, 2-bath home offers spacious living areas and a peaceful country setting. A covered front deck overlooks the pond and provides additional outdoor living space with views of the property. The acreage is completely fenced with additional cross fencing on two sides, offering versatile space for horses, livestock, gardening, or agricultural projects. Mature trees, open green space, a private pond, fencing, and room to enjoy the outdoors add to the property's appeal. Whether used as a primary residence, second home, or recreational property, 1033 LCR 454 offers a combination of comfortable living and country acreage just outside Groesbeck.

1033 Lcr 454, Mexia

$229,000

4 Beds ⋅ 3 Baths ⋅ 21388141 MLS

Qualifies for $0.00 down!!! Seller is helping with closing costs. Welcome to 1302 N Bailey St in Mexia! This beautifully renovated 4-bedroom, 2.5-bath home offers an impressive amount of space and a fresh, modern feel throughout. With approximately 3,263 square feet, this multi-level home provides generous living areas, spacious bedrooms, and plenty of room for entertaining and everyday living. The interior has been thoughtfully updated with all-new flooring, fresh interior paint, new appliances, and beautifully renovated bathrooms featuring tiled showers. The kitchen has been upgraded with new quartz countertops, creating a clean, modern look while providing plenty of workspace. The spacious living areas are highlighted by a large wood-burning fireplace, while the primary bedroom offers plenty of space and access to an oversized balcony. Outside, the property sits on a desirable corner lot with approximately 0.32 acres, providing additional yard space along with a covered patio, deck, and balcony. With its combination of size, modern updates, and versatile living spaces, this home offers an exceptional opportunity for buyers looking for a move-in-ready property with room to spread out. Conveniently located in Mexia near local schools and amenities, this one is ready for its next owner! Recent updates include: • All-new flooring • Fresh interior paint • New appliances • New quartz kitchen countertops • Renovated bathrooms • Tiled showers • Spacious 4-bedroom layout • Multiple living areas • Large wood-burning fireplace • Oversized primary bedroom and balcony • Corner lot with approximately 0.32 acres • Covered patio and deck

1302 N Bailey St, Mexia

$175,000

3 Beds ⋅ 2 Baths ⋅ 21386298 MLS

Insert your design vision here! This home sits in one of Mexia's most beautiful subdivisions, just a block off Tyler Street, with quick access to medical care, grocery shopping, and more. From the wide paved driveway through the multiple indoor entertaining spaces, and out to the back yard, this layout has been designed with entertaining in mind! Original charm is still in tact, with a beautiful brick exterior, Greek style porch columns, spacious bedrooms, and a nice built-in bookcase found in the den. A few nice updates include a metal roof, French doors, neutral interior paint in most rooms, and low maintenance flooring in much of the home. Take a look at the layout and you'll find great storage, dynamic spaces, and plenty of room to add your personal touch. All dimensions, outlines, and tax info are approximate. Please verify.

817 E Holly Ln, Mexia

$365,000

3 Beds ⋅ 2 Baths ⋅ 21385404 MLS

If you are looking for a country living feel just minutes from town, this is it! This beautiful home sits on 6.938 acres, yet is less than 5 miles from both Mexia and Groesbeck. The original home built in 1997 was just completely gutted and rebuilt so everything is new!! The home boasts 1,920 square feet including a large primary bedroom with a huge walk in closet, granite countertops, plank flooring throughout, and a custom made staircase. This property is centrally located to major cities: Waco 40 miles, Dallas 90 miles, Austin 125 miles, Houston 147 miles. Schedule an appointment and come take a look at an amazing place!

3778 Hwy 14, Mexia

$167,000

3 Beds ⋅ 2 Baths ⋅ 21371938 MLS

Discover this charming 1954 home that perfectly blends classic appeal with modern comfort. Partially remodeled to highlight a cute farm rustic aesthetic this inviting property offers three spacious bedrooms and two full baths. The heart of the home is a large kitchen designed for both cooking and gathering. You will love the historical dining area which features a beautiful window bench perfect for morning coffee or cozy evening meals. Situated on a desirable corner lot just moments from downtown Mexia you will enjoy the convenience of town living while maintaining a sense of privacy. The home includes a two car carport that provides covered parking plus a versatile workshop area. This extra space is fully equipped with shelving and ample storage room for all your hobbies and tools. It even features a convenient doggie door making it a practical space for pet owners that opens up to a small dog run. This home is a wonderful opportunity to own a piece of history with modern touches in a fantastic location. Foundation has been replaced, original wood floors in areas, Roof 3 years old, Hot water heater 2 years old, New weather stripping in doors, 2 electrical panels . Schedule your showing today to see everything this unique property has to offer.

209 S Canton St, Mexia

$129,900

3 Beds ⋅ 2 Baths ⋅ 21369621 MLS

Beautiful Lot with very large trees on almost a third of an acre of land. This is a diamond in the rough. The home is good sized with an extra large living area, kitchen with bar and dining area, 3 bedrooms, the primary bedroom has a half bath attached and there is a large hall bath with a shower tub combo. This home is being sold as is and needs clean up. The vehicles will be removed from the property. This home is on White Rock Water Supply with a meter box in the front yard. There is a septic system but unsure about its age and condition. Part of the expanded living area was once a carport and it is about 2 inches lower than the other half. The grading of the property needs improvement as there are signs of water intrusion in the front corner of this room. It would be best to raise the flooring level to improve and help this issue in the future. With cosmetic upgrades this one could be a awesome home or rental investment property! Make an offer today!

955 Lcr 463, Mexia

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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