For Sale
$1,900,000

Northwood Blvd Corsicana, TX 75110

28 Acres, 192 Units, Shovel-Ready

Overview

Added:
Dec 11, 2024
Days on market:
134
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.

Highlights

  • 28.007-acre land parcel for sale in Corsicana, TX, priced at $1,900,000.
  • Zoned MF and SF=R-3, allowing for 176 multifamily townhome lots and 16 single-family lots (192 total units).
  • Located within Corsicana city limits, approximately one hour from downtown Dallas.
  • Fully entitled and shovel-ready for development; engineering and plat updates underway.
  • All engineering and development documents transfer at closing; utilities available on-site.
  • Land value is $1.56/sq ft; priced at approximately $9,895 per door/lot.

Property Details for 0 Northwood Blvd

Property type
Land
Lot Size (sq. ft)
1,219,985 SF

Location Insight

City
Corsicana
County
Navarro
State
Texas
Latitude
32.115768616447
Longitude
-96.499641227301

FAQs

What type of property is this?
Land - 28 Acres, 192 Units, Shovel-Ready
Where is the land located?
The property is located at Northwood Blvd Corsicana, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 28.007-acre land parcel for sale in Corsicana, TX, priced at $1,900,000.; Zoned MF and SF=R-3, allowing for 176 multifamily townhome lots and 16 single-family lots (192 total units).; Located within Corsicana city limits, approximately one hour from downtown Dallas.
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0 Northwood Blvd
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