Homes for sale - 3501 N 45th Street, Corsicana, TX 75110

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Cindy & Eric Scholl

scholl@northdallaspremiergroup.com +1(214) 908-0289

$ 1,990,000

Est. payment | -/mo

15.65 Acres Lot

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$ 1,990,000

Est. payment | -/mo

Save Virtual Tour

15.65 Acres Lot

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision Corsicana

MLS Listing ID 20593189

Annual Tax Amount $18,874

Lot Size 15.650 Acres

Acres 15.65

Property Description

This site is located in Corsicana, the county seat of Navarro County 50 miles SE of Dallas. They have a definite housing shortage per consultants they have hired and a 2017 Housing Study posted on the city web site. The city has a sound corporate base with many employers providing jobs for area residents. Older existing apartments have high rental rates and occupancies. The site is in West Corsicana in a Non-Metro DDA (but no QCT or OZ). It is zoned M2 Multi-family, where density allows up to 426 units. It has 15.65 acres and is pretty clean with no flood plain, no unusual easements, and all utilities. It is priced for an investor or mid-density development.

Location

State TX

County Navarro

Zoning MF2, allowing 27 upa

Direction From intersection of Business 31 & N. 45th Street, go north on N. 45th street, on left before you get to Skylane.

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Available

Garage No

Building

Lot Description Acreage, Cleared, Interior Lot

Structure Type Other

Others

Ownership Lots 102 Holdings

Acceptable Financing Cash

Listing Terms Cash

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Wayne Burgdorf • Burgdorf Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(214) 908-0289

scholl@northdallaspremiergroup.com

3501 N 45th Street Corsicana, TX 75110