212 N 19TH STREET, CORSICANA, TX 75110

Homes for sale in Corsicana.

Homes for sale in 75110.


212 N 19th Street

Corsicana, TX 75110

Status of the property has changed, please contact for details

List Price$549,999

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21051263

3,456

Square Feet

6

Number of Units

Multi-Unit Residential

Type

About This Property

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.

Property Features

Location Information

County

Navarro

Subdivision

C0000

Interior Features

Interior

Other

Floors

Vinyl

Has Fireplace

No

Appliances

Electric Oven, Electric Range, Refrigerator

Heating

Other

Total Number of Units

6

Cooling

Window Unit(s)

Exterior Features

Stories

1

Pool Description

None

Construction

Frame, Wood Siding

Lot Size in Acres

0.43

Foundation

Concrete Perimeter

Lot Size in Sq. Ft.

18,730

Roof

Shingle

Buildings

3

Water / Sewer

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

3,456

Utilities

Sewer Available, Water Available

Is One Story

Yes

Parking Description

On Street

School

Elementary School District

Corsicana ISD

High School

Corsicana

Elementary School

Houston

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Year Built

1940

Similar Listings

Mortgage Calculator

$2,567

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,981

Monthly Tax

$458

Monthly Insurance

$128

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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