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- LoopNet Team
4816 W State Highway 31
Corsicana, TX 75110
Residential Development on HWY-31 · Land For Sale
·
43.30 AC
Investment Highlights
- Seller financing is available up to $400,000, offering a 30-year term with a fixed interest rate of 5%
- 530' feet of HWY-31 frontage with no easements, great shape, not in a flood zone, gently levelled and utilities nearby.
- Under construction or completed: Dutch Bros, Layne’s Chicken, Chase Bank, McDonald’s, Mavis Discount Tire & more!
- D.R. Horton has begun construction on over 250+ acres only 0.5 miles up the road.
- Major city announcement: TJ Maxx, Academy, ULTA & Hobby Lobby have begun construction 0.5 miles up the road.
- 1-mile from Navarro College, Corsicana High/Middle/Elementary School, Navarro Hospital, Walmart Supercenter, & more!
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Residential | Total Lot Size | 43.30 AC |
| Zoning | "R2" - "R2" calls for Single Family Home Development of 10,000 SF minimum lot size. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 43.30 AC |
| Zoning | "R2" - "R2" calls for Single Family Home Development of 10,000 SF minimum lot size. |
Description
The property is conveniently located near essential amenities, including Walmart, Regional Hospital, Navarro High/Middle/Elementary School & College. Additionally, it offers easy access to the highway and is within 0.5 miles of new restaurants, shopping centers, and retail stores. High value investment opportunity to develop today or hold long-term as Corsicana's in it's growth phase with fortune-500 companies actively entering the market and breaking ground. D.R. Horton has begun construction on over 250+ acres neighboring this property. This is a rare opportunity to own 43.27 acres with 530 FT of frontage off State Highway-31 in a prime location. No easements, great shape, not in a flood zone, gently leveled and utilities nearby.
Property Taxes
| Parcel Number | 48035 | Improvements Assessment | $0 |
| Land Assessment | $374,590 | Total Assessment | $374,590 |
Property Taxes
