Northwood Blvd Corsicana, TX 75110
- Land
- 28.01 lot acres
Current Use by Public Records
- Land
Property Details for 0 Northwood Blvd
- Lot size
- 28.01 lot acres
- Property type
- Land
Description
This exceptional 28.007-acre property in Corsicana, Texas, presents a prime build-to-rent development opportunity. Located within city limits (75110), this fully entitled and shovel-ready site is zoned for 176 multifamily fee simple townhome lots and 16 single-family lots (R-3 zoning), totaling 192 potential units. Engineering and plat updates for townhome lots are currently underway, and all engineering and development documents will be conveyed at closing. The property boasts convenient access to all utilities and is approximately one hour from downtown Dallas. Priced at an attractive $1,900,000 ($9,895 per door/paper lot), this represents a compelling investment opportunity. The seller is motivated, and all offers are encouraged. This fee simple ownership offers significant potential for substantial returns. The land value is $1.56 per square foot. Don't miss this chance to acquire a highly desirable, ready-to-develop tract in a growing Texas market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corsicana
- County
- Navarro
- State
- Texas
- Longitude
- -96.4996
- Latitude
- 32.1158