Expansive rural property featuring a mix of open land and mature tree coverage
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3201-3227 NW Cr 2004

Corsicana, Texas 75110
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Bed 0

Bed

Bath 0

Bath

SqFt14,480

Sqft

Acres23.35

Acres(Lot)

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 re sidential 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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,895,000

AD Id : 90189801

MLS Id : 572264206

Lot Size : 23.35 Acres

Living Area Size : 14,480

Year Built : 1974

County : Navarro

Subdivision: O T Justin

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Map

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Open Floorplan

    Appliances

    Electric Range

    Utilities

    Septic
  • Cooling Features

    Central Air

    Heating Source

    Central

  • Building Information

    Built Year: 1974 Building Area Total: 14,480 Construction: Brick Roof Type: Composition
  • Foundation

    Slab
  • Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 23.3500 Lot Size Units: Acres Lot Size Square Feet: 1,017,126
  • Property Information

    SQ ft (Living Area): 14,480 Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: ELMER ADCOCK & JOHN RICHARDSON City: Corsicana State: Texas Directions: 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. Property Status: Active Levels: One Property Age: 52 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $3,895,000 List Price Tot SqFt: $269
  • Listing Information

    Possession: Closing/Funding,Lease Outstanding

  • Tax Information

    Parcel Number: see remarks Unexempt Taxes: $2,263

  • Parking Information

    Parking: 12 Parking Features: Driveway
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Bowie Middle School: Corsicana High School: Corsicana Intermediate School: Collins School District: Corsicana ISD
  • Utility Information

    Utilities: Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1503 E 9th Avenue, Corsicana, TX, 75110 $189,900 3 2 1,100 0.16 Acre
1204 E 13th Avenue, Corsicana, TX, 75110 $100,000 3 1 1,269 0.20 Acre
1206 E 11th, Corsicana, TX, 75110 $249,000 3 2 1,390 0.13 Acre
1103 E 12th Avenue, Corsicana, TX, 75110 $235,000 3 2 1,105 0.13 Acre
807 E 17th Avenue, Corsicana, TX, 75110 $65,000 3 2 1,080 0.16 Acre
1217 Martin Luther King.., Corsicana, TX, 75110 $165,000 3 1 1,008 0.02 Acre
915 E 11th Avenue, Corsicana, TX, 75110 $245,000 3 2 1,640 0.12 Acre
1021 Martin Luther King.., Corsicana, TX, 75110 $115,000 2 2 1,575 0.13 Acre
804 E 12th Avenue, Corsicana, TX, 75110 $25,000 2 1 932 0.07 Acre
3334 Knight Street, Corsicana, TX, 75110 $494,900 4 4 2,860 1.52 Acres
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/06/2026 @ 08:02

MLS: 572264206 LISTED BY: Katie Miller, Real Broker, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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