Under contract

Active Under Contract

3501 N 45th Street

Corsicana TX, 75110

$1,990,000


Under contract

Active Under Contract

Commercial

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.

20593189

MLS ID

December 2, 2024

Updated

Map

3501 N 45th Street
Corsicana TX, 75110

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

15.65 Acres


Lot Features

Acreage, Cleared, Interior Lot


Sewer

Public Sewer

Other Property Details

Taxes

$18,874


Tax Frequency

Annually


Days on Market

227


Garage

No


View

No


County

Navarro


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/2/2024

Under contract

8/27/2024

Price change

$1,990,000

-6%

Listed by Wayne Burgdorf with Burgdorf Realty Group
Listing Contact: 817-467-6483 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 12/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/2/2024 at 10:12 PM UTC

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