Corsicana, TX 75110,212 north 19th street
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Corsicana, TX 75110,212 north 19th street
Corsicana, TX 75110,212 north 19th street
Corsicana, TX 75110,212 north 19th street
Corsicana, TX 75110,212 north 19th street
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$ 549,999
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212 north 19th street Corsicana, TX 75110

0.43 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision C0000

MLS Listing ID 21051263

HOA Y/N None

Total Fin. Sqft 3456

Year Built 1940

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Multiple Single Units

Property Description

Outstanding investment property in Corsicana! This fully leased asset generates $5,650 in gross monthly rent with long term tenants in place — exceeding the popular 1% rule with ease. Annual gross income is $67,800, with estimated expenses of just 25%, resulting in a strong net operating income of approximately $50,850. At the list price of $549,999, the property delivers an impressive 9.2% cap rate.

The building features 3,456 square feet on a 0.43 acre lot, offering stable rental performance and long term tenant appeal. With consistent cash flow, low expenses, and reliable occupancy, this property is a prime turnkey addition to any investment portfolio.

Location

State TX

County Navarro

Direction Start at Corsicana City Hall located at 200 N 12th St, Corsicana, TX 75110. Head north on N 12th St toward W 4th Ave. Turn left onto W 4th Ave. Turn right onto N 19th St. Continue north on N 19th St.

Interior

Interior Features Other

Heating Other

Cooling Window Unit(s)

Flooring Vinyl

Appliance Electric Oven, Electric Range, Refrigerator

Heat Source Other

Exterior

Utilities Available City Sewer, City Water

Roof Type Shingle

Garage No

Building

Story One

Foundation Concrete Perimeter

Level or Stories One

Structure Type Frame,Wood

Schools

Elementary Schools Houston

High Schools Corsicana

School District Corsicana Isd

Others

Ownership Corsicana Snow and Naaman Holdings , LLP

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21051263


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Nir Sheinbein • Texas Ally Real Estate Group
Bret Chance

Bret Chance

REALTOR®

+1(940) 536-3735

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212 north 19th street