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$217,650

NAL Estimated Property Value

1020 N Business 45, Corsicana, TX, 75110

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,000 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size4.83 acres

Building Information

Year Built1950
Stories1

Land Information

APN34326
Lot Number7
SubdivisionCorsicana
Land UseCommercial
Legal DescriptionC0000 CORSICANA BLK 493B LOT 7 4.832 ACRES
Census Tract970200
Assessed Land Value$139,550
Assessed Improvement Value$78,100
Assessment Year2025

About this property

Calling All Investors!!! This property has Endless Possibilities with it's 4.832 acres that is located in the city limits of Corsicana, Texas along the frontage of Business I-45. There are several buildings on this property that include: -40 x 50 metal building that has 2 sliding doors, a mechanical lift, electric and 2 baths (plumbing needs repairs) -12 x 24 portable building that is currently being utilized as an office and it has water, electric and a bathroom. -1824 sq ft metal building that has 12 individual storage units that are currently being rented. -5000 sq ft building that is located along the frontage. Building has an office area with bathrooms and a kitchen are as well as a large showfloor. -2240 sq ft building that is an older shop. Large circular driveway.

Investor Tools

Property Icon
$217,650
Estimated Property Value
$101,542Estimated Mortgage Balance
$116,108Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,097
$217,650
2025
$139,550
$78,100
$217,650
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,097
$217,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jean Maria O Connor
Purchase Money Mortgage
$115,000
No
First
May 27, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,542
$116,108
53%
47%
$690/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Corsicana

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1020 N Business 45 | Property Details | No Agent List