Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    23.35

  • Lot Size(square feet)

    1,017,126

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $3,895,000

  • Tax Amount

    $2,263

  • Sq. Footage

    14,480

  • Price/SqFt

    $268

HOA

  • Association

    No

School District

  • Elementary School

    Bowie

  • Middle School

    Corsicana

  • High School

    Corsicana

Property Features

  • Foundation Details

    Slab

  • Sewer

    Septic Tank

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Location

County

Navarro

Elementary School

Bowie

Middle School

Corsicana

High School

Corsicana

Listing Courtesy of Katie Miller, Real Broker, LLC

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Agent Joe Boston

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Joe Boston

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Exceptional investment opportunity offering 12 existing single-family rental units plus an additional 19.2 acres with substantial room for future expansion. Located just outside Corsicana, this unique multi-parcel property combines an established residential income portfolio with the kind of acreage rarely available alongside an operating rental community. The 12 brick homes provide an immediate foundation for rental income, with each offering a functional three-bedroom floor plan and updates completed in 2024. Rather than acquiring a fully built-out property with limited upside, investors have the opportunity to capitalize on the existing units today while evaluating future development of the remaining acreage. With 23.35 total acres, approximately 19.2 acres remain beyond the existing residential footprint, creating exceptional flexibility for additional rental units, residential development, or other future uses subject to applicable approvals and infrastructure requirements. The expansive tract provides room to grow the portfolio substantially without having to acquire a separate property. Convenient access to Corsicana, downtown amenities, and I-45 adds to the long-term appeal for both residents and investors. Whether the strategy is to hold the existing portfolio, expand the number of income-producing units over time, or pursue a larger development vision, this property offers something increasingly difficult to find: existing income, significant acreage, and meaningful expansion potential in one acquisition.

3201-3227 NW CR 2004

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