Quelle:
North Texas Real Estate Information Systems (NTREIS)
MLS#21371130
Über die Immobilie
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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 f
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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