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3201-3227 CR 2004

Corsicana, TX 75110

$3,895,000

12 units · 1974

Units12
Building area14,480 sq ft
Year built1974
Gross income$21,200/yr
Parking12 spaces
Lot size23.35 acres
TypeResidential Income

What it costs to own

Taxes$2,263 per year
HOANone listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Exceptional investment opportunity offering 12 existing single-family rental units plus an additional 19.2 acres with substantial room for future expansion. Located just outside Corsicana, this unique multi-parcel property combines an established residential income portfolio with the kind of acreage rarely available alongside an operating rental community. The 12 brick homes provide an immediate foundation for rental income, with each offering a functional three-bedroom floor plan and updates completed in 2024. Rather than acquiring a fully built-out property with limited upside, investors have the opportunity to capitalize on the existing units today while evaluating future development of the remaining acreage. With 23.35 total acres, approximately 19.2 acres remain beyond the existing residential footprint, creating exceptional flexibility for additional rental units, residential development, or other future uses subject to applicable approvals and infrastructure requirements. The expansive tract provides room to grow the portfolio substantially without having to acquire a separate property. Convenient access to Corsicana, downtown amenities, and I-45 adds to the long-term appeal for both residents and investors. Whether the strategy is to hold the existing portfolio, expand the number of income-producing units over time, or pursue a larger development vision, this property offers something increasingly difficult to find: existing income, significant acreage, and meaningful expansion potential in one acquisition.

The details

HeatingCentral
CoolingCentral Air
FlooringLaminate
AppliancesElectric Range
Interior featuresOpen Floorplan

Construction materialsBrick
RoofComposition
FoundationSlab

SewerSeptic

SubdivisionELMER ADCOCK & JOHN RICHARDSON

ElementaryBowie
Middle schoolCorsicana
High schoolCorsicana
DistrictCorsicana ISD

Gross income$21,200 per year

MLS #21371130
Source
On the market14 days
CountyNavarro

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 1.2 mi
Nearest parkIndependent Order of Odd Fellows Park · 1.0 mi

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Listing courtesy of Real Broker, LLC — Katie Miller.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21371130. Information last updated September 10, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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