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NWQ Bus 31 & 45th Street
Corsicana, TX 75110
Corsicana Entitled SFR Land · Land For Sale
·
179.00 AC
Investment Highlights
- Located in Corsicana, Navarro County Seat 55 miles SE of downtown Dallas
- The Property is located in West Corsicana in an area of new development
- Suited for SFR Developer/Builder or Investor
- Corsicana has severe housing shortage as lots of good jobs locally
- The tract has 179 acres, recently zoned PD for 741 lots mostly 50' wide.
- Contact Wayne.Burgdorf@svn.com for full PDF brochure
Executive Summary
Property Facts Under Contract
1 Lot Available
Lot
| Price | $3,500,000 | Lot Size | 179.00 AC |
| Price Per AC | $19,553.07 |
| Price | $3,500,000 |
| Price Per AC | $19,553.07 |
| Lot Size | 179.00 AC |
Description
The land is located in Corsicana, the county seat of Navarro County about 55 miles SE of downtown Dallas along IH-45. Corsicana has done a great job attracting industry and related jobs, but has a severe housing shortage that was recognized a few years ago with little product added since. The tract is located in West Corsicana where the newer commercial development has taken place including a Walmart, Academy, Atwoods, Hobby Lobby, TJ Maxx, Tractor Supply, Ulta, Aldi, and national QSRs. This is the rear SFR land in a master planned development, and is zoned in a PD for 741 lots, mostly 50' frontages, Preliminary Plat approved, and most engineering done. Phase 1 had 116 lots and were built out by DRH and the developer. A TIF for recovery of some development costs is possible.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $750,230 | Total Assessment | $750,230 |
Property Taxes
