155 Private Road 5462 Looking for a small, rural-residential property in Central Texas, then look no further than this nearly 17-acre ranchette just outside Mexia, less than 1-hour from Waco and 2 hours from DFW. The property is mostly wooded with a nearly 1-acre, meticulously cleared homestead site with water meter, electricity, and 200-amp breaker in place ready for your home. The rectangular-shaped property is perimeter and cross-fenced into multiple paddocks for horses or cattle with a small stock tank on the southwest corner. Property is ag-exempt with light deed restrictions in place.