3201-3227 NW Cr 2004, Corsicana, TX 75110
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
Listed by: katie miller, bailee garrett
Office: real broker, llc.
MLS#:21371130
Source:GDAR
Price summary
- Price:$3,895,000
- Price per sq. ft.:$268.99
About this home
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....
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Home facts
- Year built:1974
- Subdivision & Development:ELMER ADCOCK & JOHN RICHARDSON
- Listing ID #:21371130
- Added:28 day(s) ago
- Updated:September 25, 2026 at 12:07 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Electric Range
- Living area:14,480 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1974
- Building area:14,480 sq. ft.
- Lot area:23.35 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Corsicana
- Middle school:Corsicana,Collins
- Elementary school:Bowie
Finances and disclosures
- Price:$3,895,000
- Price per sq. ft.:$268.99
- Tax amount:$2,263
Features and amenities
- Appliances:Electric Range
Parking
- Total parking spaces:12
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