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127 Lake Street, Mathis, TX 78368

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For Sale

$106,000

1 beds • 1 baths • 1 half baths • 1,452 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $73.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Situated on two corner lots totaling just under half an acre in the Mesquite Acres neighborhood of Lake City-just outside of Mathis, Texas-this property presents a unique investment or renovation opportunity in a quiet, established area. Located within the Mathis Independent School District, this single-story home offers 1,452 square feet of space and was originally built in 1968. The structure has been fully gutted and is ready for renovation, with major improvements already completed: recently upgraded electrical and plumbing systems are in place, giving future owners a strong foundation to build upon. The current floor plan is configured as a 1-bedroom, 1.5-bathroom layout and includes a 2-car garage, offering ample storage and parking. The home sits on the corner of Lake Street and South Mesquite Drive, and features new Pella windows throughout, adding both energy efficiency and value. City sewer service is available, and the property also includes a water well (not currently active) for added flexibility. This listing includes Lots 17 and 18 only; Lot 19 is not included. However, the owners prefer to sell this property along with nearby Lot 16, located on the corner of South Mesquite Drive and 2nd Street one block over, for buyers interested in expanding their footprint or future development. Whether you're looking to design a custom home, flip a property, or invest in a quiet community near Lake Corpus Christi, 127 Lake Street offers solid potential and key infrastructure updates to jumpstart your vision. Property is being sold as-is.
MLS# 468612

Courtesy Of Keller Williams Coastal Bend

(361) 225-7900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.41 Acres

Map and Directions

Directions to 127 Lake Street, Mathis, TX 78368

Home seller CENTURY 21 Integra

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.