127 Lake St

$106,000
Price
1
Bed
1,452 Sq. Ft.
$73 / Sq. Ft.
1,452
Sq. Ft.
$73
per Sq. Ft.

Description

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...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. 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.
  1. Listed by Randal Sullivan • TREC #0812894 • Keller Williams Coastal Bend

Property Details for 127 Lake Street

Architectural Style
Traditional
Parking Features
Garage, OnStreet
Parking Total
.00
Stories
1
Subdivision Name
MESQUITE ACRES UNIT I
Waterfront
No
LISTING UPDATED: 12/16/2025 10:27 PM

Property Details for 127 Lake Street

StatusActive
MLS #468612
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built1968
Lot Size0.41 AC / 17,859 SF
CountySan Patricio County

Location

Listing Courtesy of Keller Williams Coastal Bend
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Building Information for 127 Lake Street

Stories1Year Built1968Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$581 per month

30 year fixed, 6.28% Interest

Principal and Interest

$524

Property Taxes

$57

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 Lake Street

Summary
Location and General Information
  • City: Mathis
  • County Or Parish: San Patricio
  • State Or Province: TX
  • Road Surface Type: Asphalt, Paved
  • Postal Code: 78368
Taxes and HOA Information
  • Parcel Number: 0973-0002-0017-000
  • Association Fee: $.00
  • Association: No
  • Tax Block: 2
  • Tax Legal Description: MESQUITE ACRES UNIT I BLK 2 LOTS 17 THRU 18
  • Tax Lot: 17-18
School Information
  • Elementary School: Mathis
  • Elementary School District: Mathis ISD
  • High School: Mathis
  • High School District: Mathis ISD
  • Middle Or Junior School: Mathis
  • Middle Or Junior School District: Mathis ISD
Parking
  • Covered Spaces: 2.00
  • Garage Spaces: 2.00
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 1452.0
  • Living Area: 1452.0
  • Living Area Source: Appraiser
  • Lot Features: Agricultural, CornerLot
  • Lot Size Acres: 0.41
  • Lot Size Area: 17906.0
  • Lot Size Square Feet: 17906.0
Property and Assessments
  • Mineral Rights: None
  • Other Structures: None
  • Property Attached: No
  • Year Built: 1968
  • Property Sub Type: Detached
  • Property SubType Additional: Detached
  • Property Type: Residential
  • Construction Materials: Frame, Other, WoodSiding
Utilities
  • Sewer: None, SepticNeeded
  • Utilities: OverheadUtilities, PhoneAvailable, SepticAvailable, SewerNotAvailable, WaterAvailable
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: PillarPostPier
  • Pool Features: None
  • Roof: Shingle
Interior Features
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Flooring: Other, Unfinished
  • Heating: None
  • Heating: No
  • Interior Features: OpenFloorplan
  • Laundry Features: WasherHookup, DryerHookup
  • Levels: One
  • Stories Total: 1
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 1
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes

Property History for 127 Lake Street

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Listed (Active)

South Texas MLS #468612

$106,000
Jul 26, 2023

Sold

SABOR #1590820

Jun 26, 2023

Pending

SABOR #1590820

Mar 15, 2022

Temporarily Off Market

SABOR #1590820

Mar 4, 2022

Listed (Active)

SABOR #1590820

$115,000
Dec 13, 2021

Expired

SABOR #1492699

$110,000
Jul 13, 2021

Listed (Active)

SABOR #1492699

May 28, 2021

Pending

SABOR #1492699

May 17, 2021

In Contract

SABOR #1492699

Nov 2, 2020

Listed (Active)

SABOR #1492699

$110,000
DateEvent & SourcePrice
12/05/2025

Listed (Active)

South Texas MLS #468612

$106,000
07/26/2023

Sold

SABOR #1590820

06/26/2023

Pending

SABOR #1590820

03/15/2022

Temporarily Off Market

SABOR #1590820

03/04/2022

Listed (Active)

SABOR #1590820

$115,000
12/13/2021

Expired

SABOR #1492699

$110,000
07/13/2021

Listed (Active)

SABOR #1492699

05/28/2021

Pending

SABOR #1492699

05/17/2021

In Contract

SABOR #1492699

11/02/2020

Listed (Active)

SABOR #1492699

$110,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Lake Street

Taxable ValueLand$34,649Additions$59,178Total$93,827
Tax Record2023$688 ($57 / month)
Home Facts
Total Finished SqFt1,452 SqFtAbove Grade Finished SqFt1,452 SqFtLot Size26,615 SqFtStyleMiscellaneous AgriculturalYear Built1968CountySAN PATRICIOAPN0973-0002-0017-000

Schools near 127 Lake Street

This home is within Mathis Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mathis Elementary School
PublicPK to 2

Mathis Intermediate School
Public3 to 5

Mathis Middle School
Public6 to 8

Mathis High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

127 Lake Street is a single family home for sale in Mathis, TX 78368. This property was listed for sale on December 6, 2025 by Keller Williams Coastal Bend, it's currently listed at $106,000. It has been on the market for a total of 17 days and was last sold on July 26, 2023. This listing's school district is Mathis Independent School District. Nearby schools include Mathis Elementary School, Mathis Intermediate School and Mathis Middle School. 127 Lake Street is a 1-bed, 2-bath, 1,452 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Coastal Bend

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.