3501 N 45TH STREET, CORSICANA, TX 75110

Homes for sale in Celeste.

Homes for sale in 75423.


3501 N 45th Street

Corsicana, TX 75110

Status of the property has changed, please contact for details

List Price$1,600,000

Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20593189

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Navarro

Subdivision

Corsicana

Interior Features

Has Fireplace

No

Total Number of Units

0

Exterior Features

Construction

Other

Possible Best Use

Other

Water / Sewer

Electricity Available, Sewer Available, Water Available

Zoning

MF2, allowing 27 upa

Utilities

Electricity Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

0

Lot Description

Acreage, Cleared, Interior Lot

Road Description

Farm to Market Road, Asphalt

Lot Size in Acres

15.65

Is One Story

No

Lot Size in Sq. Ft.

681,714

Lot Description

Acreage, Cleared, Interior Lot

Additional Information

Year Built Details

Proposed

Status

Active

Property Type

COM

Tax Annual Amount

18874.0

Property SubType

Unimproved Land

Lot Acres Source

Public Records

Similar Listings

Mortgage Calculator

$7,471

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,765

Monthly Tax

$1,333

Monthly Insurance

$373

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

Real Estate IDX Powered by iHomefinder