$4,000,000
$300K PRICE INCREASE

3227 NW County Road 2004 Corsicana, TX 75110

Estimated payment $22,252/month

Total Views 3,485
3 Beds
1 Bath
1,200 Sq Ft
$3,333 Price per Sq Ft

Highlights

  • Open Floorplan
  • 1-Story Property
  • Central Air
  • Walk-In Closet
  • Vinyl Plank Flooring
  • High Speed Internet

About This Home

We are thrilled to present a fantastic investmentopportunity with this portfolio of 12 fully remodeledhomes. Each property has been meticulously upgradedinside and out, ensuring modern comfort and stylethroughout. The houses feature fresh exterior andinterior paint, giving them a clean and invitingappearance. Inside, every home boasts brand-newplumbing, flooring, countertops, fixtures, andappliances, providing a move-in-ready experience forfuture occupants. Additionally, each home is equippedwith a new septic system that comes with a 2-yearwarranty, ensuring peace of mind for the new owners.The foundations of all homes are also covered by alifetime warranty, offering long-term security and value. The construction materials and labor under 2 year warranty.These thoughtfully renovated homes offer a perfectblend of contemporary design, functionality, andreliability, making them an attractive option for bothinvestors and prospective homeowners seeking qualityand value.

Listing Agent

Anne-Marie January

Keller Williams Realty DPR Brokerage Phone: (214) 500-0894 License #0809309 Listed on: 10/24/2024

Keller Williams Realty DPR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1974

Lot Details

  • 0.33 Acre Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Bowie Elementary School
  • Corsicana High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52535

Community Details

Overview

  • 12 Buildings
  • 12 Units
  • 1,200 Sq Ft Building
  • Sco Subdivision

Building Details

  • Gross Income $259,000
  • Net Operating Income $219,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

Built in 1974

Lot Details

0

Listing Details

  • OWNERNAME: Selvage Financial Group
  • Property Type: Residential Income
  • Unit Levels: One
  • Security: Fire Alarm, Fire Sprinkler System
  • Year Built Details: Preowned
  • Attribution Contact: (214) 500-0894
  • CapRate: 5.48
  • Co List Office Mls Id: KELL01
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Interior Amenities: High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Roof: Composition, Shingle
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Driveway

Utilities

  • Heating: Electric
  • Utilities: Electricity Connected, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Bowie
  • High School: Corsicana
  • Junior High Dist: Corsicana ISD

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 14520.0
  • Parcel Number: 52535
  • Lot Size Acres: 0.3333
  • Lot Size Sq Ft: 14520.0

Building Info

  • Year Built: 1974
  • Units Total: 12
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 24000.0
  • Annual Gross Income: 259000.0
  • Property Net Operating Income: 219000.0

MLS Schools

  • MiddleOrJuniorSchool: Corsicana

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,162 $83,052 $10,290 $116,140
2023 $964 $69,210 $3,330 $65,880
2022 $853 $47,730 $3,330 $44,400
2021 $726 $36,540 $3,330 $33,210
2020 $740 $36,540 $3,330 $33,210
2019 $746 $35,220 $3,330 $31,890
2018 $746 $35,220 $3,330 $31,890
2017 $724 $34,240 $3,330 $30,910
2016 $863 $40,770 $3,330 $37,440
2015 -- $39,060 $1,620 $37,440
2014 -- $39,060 $1,620 $37,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $3,750,000 -6.3% --
10/28/2024 10/28/24 Price Changed $4,000,000 +8.1% $3,333 / Sq Ft
10/24/2024 10/24/24 For Sale $3,700,000 -- $3,083 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $36,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20762914

North Texas Real Estate Information Systems (NTREIS)

APN: 52535