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Cash-Flowing Investment & Development Oppt. 3227 Country Rd 2004 12 Unit Apartment Building $5,553,315 CAD ($462,776 CAD/Unit) Corsicana, TX 75110
INVESTMENT HIGHLIGHTS
- 12-Home Portfolio – Each home sits on ~¼ acre, offering 1,200 sq ft with 3 bedrooms and 1 bathroom. All were fully renovated in 2024
- Two front lots ready for immediate development, each approximately ¼ acre in size
- 19.18 Acres of Unrestricted Land – Adjacent to established residential neighborhoods, this surveyed tract offers utilities on-site & pipeline easement
- Over 24 total acres, including 19+ acres in the back with in-and-out easement access ideal for future development
- Prime Location – Situated in the highly sought-after Corsicana area with easy access to US-287, I-45, schools, shopping, and essential services
- A rare chance to combine turnkey rental income with substantial development opportunity in a fast-growing, high-demand market.
EXECUTIVE SUMMARY
Property Description
Discover an exceptional opportunity just outside the city limits in a fast-growing market. This package includes over 24 acres, featuring 19+ acres in the back with in-and-out easement access ideal for future development. Additionally, there are two front lots, each approximately ¼ to ? acre, ready for immediate development — adding even more income potential to an already cash-producing property.
The offering combines 19.18 acres of unrestricted land with a 12-home rental portfolio, delivering both immediate income and long-term development potential.
The land tract has been fully surveyed and is ready for residential, commercial, or mixed-use projects. Its strategic location near schools, shopping, and dining offers convenience while maintaining the flexibility of no city restrictions.
The 12-home portfolio at 3227 County Road 2004, Corsicana, TX, features homes renovated in 2024, each with 3 bedrooms, 1 bathroom, and approximately 1,200 sq. ft. on quarter-acre lots. With updated systems and environmental certifications, these homes minimize upfront risk. All units are fully leased, generating approximately $20,000 per month in rental income and providing instant cash flow with strong appreciation potential.
Location Description
Nestled in the serene countryside of Navarro County, this property is ideally positioned just outside the Corsicana city limits—offering a quiet, rural feel while remaining only minutes from shopping, dining, schools, and major highways.
Located along Country Road 2004, this area continues to see residential growth and investor interest due to its accessibility and proximity to the city.
Enjoy the best of both worlds: peaceful surroundings with the convenience of being less than 10 minutes from downtown Corsicana and quick access to I-45, connecting you easily to Dallas, Houston, and beyond. With local demand for quality rental housing on the rise, this location is ideal for stable returns and long-term value.
Discover an exceptional opportunity just outside the city limits in a fast-growing market. This package includes over 24 acres, featuring 19+ acres in the back with in-and-out easement access ideal for future development. Additionally, there are two front lots, each approximately ¼ to ? acre, ready for immediate development — adding even more income potential to an already cash-producing property.
The offering combines 19.18 acres of unrestricted land with a 12-home rental portfolio, delivering both immediate income and long-term development potential.
The land tract has been fully surveyed and is ready for residential, commercial, or mixed-use projects. Its strategic location near schools, shopping, and dining offers convenience while maintaining the flexibility of no city restrictions.
The 12-home portfolio at 3227 County Road 2004, Corsicana, TX, features homes renovated in 2024, each with 3 bedrooms, 1 bathroom, and approximately 1,200 sq. ft. on quarter-acre lots. With updated systems and environmental certifications, these homes minimize upfront risk. All units are fully leased, generating approximately $20,000 per month in rental income and providing instant cash flow with strong appreciation potential.
Location Description
Nestled in the serene countryside of Navarro County, this property is ideally positioned just outside the Corsicana city limits—offering a quiet, rural feel while remaining only minutes from shopping, dining, schools, and major highways.
Located along Country Road 2004, this area continues to see residential growth and investor interest due to its accessibility and proximity to the city.
Enjoy the best of both worlds: peaceful surroundings with the convenience of being less than 10 minutes from downtown Corsicana and quick access to I-45, connecting you easily to Dallas, Houston, and beyond. With local demand for quality rental housing on the rise, this location is ideal for stable returns and long-term value.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Ceiling Fans
- Kitchen
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 12 | $1,674 CAD | 1,200 |
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Cash-Flowing Investment & Development Oppt. | 3227 Country Rd 2004
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