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$1,899,000

1121 The Shores Dr, Corsicana, TX, 75109

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,677 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$516.45 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringTile, Vinyl

Exterior

Exterior FeaturesDock, Fire Pit, Gas Grill, Rain Gutters
Lot Size1.11 acres

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APN63530
Lot Number244
SubdivisionThe Shores On Richland Chambers Lake Ph
Land UseResidential
Legal DescriptionT0077 THE SHORES ON RICHLAND CHAMBERS LAKE PH I LOT 244 1.111 ACRES
Census Tract970701
Assessed Land Value$398,780
Assessed Improvement Value$905,800
Assessment Year2025

About this property

Welcome to your lakefront retreat in the exclusive gated community of The Shores. Set on over an acre with 177 feet of shoreline in a protected cove, this property offers deep water at your private dock—perfect for boating, watersports, or peaceful views. Outdoor living shines with a covered patio featuring motorized screens, built-in gas grill, granite counters, and refrigerator. Mature shade trees, a fire pit, and beautifully maintained grounds with a lake-fed sprinkler system create a relaxing, resort-style setting. Inside, the open-concept design is ideal for entertaining. The chef’s kitchen includes Bosch appliances, quartz countertops, gas cooktop, double ovens, microwave, and a large island with bar seating. The kitchen flows seamlessly into the dining and living areas, where expansive sliding windows frame stunning lake views and open to the patio. The billiards room offers a reclaimed wood ceiling, full wet bar, and stylish finishes. The oversized primary suite is a private escape with lake views, vaulted wood-beamed ceiling, and French doors to the patio. The spa-like bath features designer tile, soaking tub, large double-head shower, dual vanities, and separate walk-in closets—including a custom closet with chandelier. Upstairs, a guest wing provides unique bedrooms plus a bunk room with four built-in full-size beds and a private living area—perfect for guests or a bonus space. The home comfortably sleeps 12–16. Additional features include an oversized three-car garage with workshop, whole-house water filtration, and insect misting system. Just 1 hour 15 minutes from Dallas, this is lake living at its finest.

Investor Tools

$73,657Estimated Mortgage Balance
$1,842,343Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,496 /month
Positive
Cash Flow Estimate:
$3,832 /month

Interested in this property?

James Walsh

Allie Beth Allman & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,833/month
$1,255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,411
$957,707
2025
$398,780
$905,800
$1,304,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,411
$957,707

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Land Bank Flca
N/A
$104,000
N/A
First
Jul 8, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,657
$1,842,343
96%
4%
$0/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.

Explore Texas Explore This Area
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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1121 The Shores Dr | Property Details | No Agent List