371 Fm 1872 Corrigan, TX 75939
This exceptional 46-acre property in Polk County, Texas, presents a unique investment opportunity. Located at 371 FM 1872, Corrigan, TX 75939, this land boasts a recently thinned timber plantation, offering immediate potential for various projects. The gently rolling terrain features a gorgeous hill, ideal for constructing a custom home, establishing a farm, creating a peaceful vacation retreat, or developing a new subdivision. The possibilities are truly endless. The property's recent thinning leaves ample trees for privacy and aesthetic appeal. Note that this tract is also available as a smaller 18.65-acre parcel under a separate MLS number. The asking price is $469,900. Property taxes are subject to change upon sale, as the land is being separated from a larger tract. Current taxes reflect agricultural and timber exemptions. This is a rare chance to acquire a versatile and attractive piece of Texas land with significant upside potential. Don't miss this opportunity to own a piece of beautiful East Texas countryside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.