4816 W Business 31 Highway, Corsicana, TX 75110 - MLS#20670147

Corsicana, TX 75110,4816 W Business 31 Highway

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19 photos

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Mike Bowman

[email protected] +1(817) 328-2306

$1,650,000

Est. payment - /mo

43.27 Acres Lot

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UPDATED:

09/03/2024 05:39 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Subdivision Corsicana

MLS Listing ID 20670147

HOA Y/N None

Annual Tax Amount $5,873

Lot Size 43.270 Acres

Acres 43.27

Property Description

This 43.27 acre property has no flood zone, no easements, a square shape, gently leveled terrain, and utilities nearby. Neighboring the property, D.R. Horton has began construction on over 250+ acres. Rare opportunity to own 43.27 acres with 530 feet of frontage on State Highway-31 in Corsicana, adjacent to large developments just 0.5 miles up the road! Recent city announcements reveal TJ Maxx, Academy, ULTA, and Hobby Lobby have entered the Corsicana market and began construction only 0.5 miles from this site. Additionally, new construction has been completed for Dutch Bros, Layne?s Chicken, Chase, and McDonald?s, with Mavis Discount Tire to follow! Located just 1 mile from Navarro College, Corsicana High, Middle, and Elementary Schools, Navarro Regional Hospital, Walmart Supercenter, and College Park Mall, this property is a high-value investment. Develop today or hold long-term. Seller financing is available up to $400,000, offering a 30-year term with a fixed interest rate of 5%.

Location

State TX

County Navarro

Community Other

Zoning "R2" Single Family Detached or Attached Townhome Development

Direction Please type in the FULL address to get the exact location: 4816 W Business 31 Corsicana, Texas 75110

Exterior

Exterior Feature Other

Fence Partial, Other

Community Features Other

Utilities Available City Sewer, City Water, Concrete, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Other

Street Surface Concrete

Lot Frontage 530.0

Garage No

Building

Lot Description Acreage, Level, Many Trees, Other

Schools

Elementary Schools Jose Antonio Navarro

Middle Schools Corsicana

High Schools Corsicana

School District Corsicana Isd

Others

Restrictions No Known Restriction(s),Other

Ownership As per tax records

Acceptable Financing 1031 Exchange, Assumable, Cash, Conventional, Owner Will Carry, Private Financing Available, Other

Listing Terms 1031 Exchange, Assumable, Cash, Conventional, Owner Will Carry, Private Financing Available, Other

Special Listing Condition Aerial Photo, Agent Related to Owner, Survey Available, Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Karam Khalil • Vision Commercial Real Estate

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Mike Bowman

+1(817) 328-2306

Broker | License ID: 0273938

Broker License ID: 0273938

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