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$134,000

$139,000

1201 E 3rd Ave, Corsicana, TX, 75110

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.83 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Microwave, Convection Oven, Refrigerator
FlooringVinyl

Exterior

Lot Size7,013 sqft

Building Information

Year Built1950
Stories1
Roof Type114

Land Information

APN30425
Lot Number1
SubdivisionCorsicana
Land UseResidential
Legal DescriptionC0000 CORSICANA BLK 207 LOT 1 .161 ACRES (52 X 140) (52 X 140)
Census Tract970200
Assessed Land Value$28,980
Assessed Improvement Value$28,710
Assessment Year2025

About this property

Tucked away on the edge of town, this charming cottage offers the perfect blend of small-town comfort, open surroundings, and move-in-ready convenience. Situated on a spacious corner lot in Corsicana, this home has been thoughtfully refreshed and is ready for its next owner to move right in and enjoy. With open spaces nearby and less congestion than many in-town locations, the setting gives the property a relaxed feel while still being conveniently close to everything you need. Step inside and you’ll find a warm, inviting interior with good-sized rooms and a layout that feels surprisingly spacious for a home in this price range. The living area is comfortable and welcoming, offering plenty of room to relax or entertain. The nicely updated kitchen provides abundant cabinet and counter space along with a clean, functional design that makes daily living easy. The bathroom has also been tastefully improved, creating a fresh and comfortable space with a practical layout. The oversized corner lot offers additional breathing room outside, with space for gardening, pets, recreation, or future possibilities. Whether you enjoy sitting outside in the evenings, hosting family gatherings, or simply appreciate having a little extra elbow room, this property delivers. The corner location also provides excellent accessibility and added curb appeal. Convenient access to Interstate 45 makes commuting to Dallas or traveling throughout the area simple, while still allowing you to enjoy the slower pace and affordability that make Corsicana such an attractive place to live. From first-time buyers to downsizers or investors looking for a solid value, this property checks a lot of boxes. Cute, comfortable, affordable, and move-in ready, this is simply a lot of house for the price.

Investor Tools

$97,600Estimated Mortgage Balance
$40,400Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$828 /month
Positive
Cash Flow Estimate:
$276 /month

Interested in this property?

Michael Perry

Perry Legacy Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,080
$57,690
2025
$28,980
$28,710
$57,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,080
$57,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Lender Llc
Commercial
$104,000
No
First
Feb 14, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,600
$40,400
29%
71%
$624/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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1201 E 3rd Ave | Property Details | No Agent List