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Marty Goin

goinhomerealty@gmail.com +1(817) 584-2924

$ 3,895,000

Est. payment -/mo

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3201-3227 NW CR 2004 Corsicana, TX 75110

14,480 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 14,480 sqft

Price per Sqft $268

Subdivision Elmer Adcock & John Richardson

MLS Listing ID 21371130

Construction Status Resale

HOA Y/N No

Year Built 1974

Annual Tax Amount $2,263

Lot Size 23.350 Acres

Acres 23.35

Property Description

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.

Location

State TX

County Navarro

Direction From I-45 in Corsicana, take Exit 235A and continue on the frontage road. Turn onto Hardy Avenue, continue onto Forrest Lane, then turn right on Dobbins Road. Turn left on N 45th Street, then right on Drane Road. Continue to NW County Road 2004. Property will be located at 3201-3227 NW CR 2004.

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Electric Range

Exterior

Parking Features Driveway

Pool None

Utilities Available Septic Available

Roof Type Composition

Total Parking Spaces 12

Private Pool No

Building

Foundation Slab

Sewer Septic Tank

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Bowie

Middle Schools Corsicana, Collins

High Schools Corsicana

School District Corsicana Isd

Others

Tax ID see remarks

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21371130

Marty Goin

Agent

+1(817) 584-2924

Marty Goin

3201-3227 NW CR 2004 Corsicana, TX 75110

Key Details

Location

Interior

Exterior

Building

Schools

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3201-3227 NW CR 2004