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$1,657,000

NAL Estimated Property Value

1234 The Shores Drive, Corsicana, TX, 75109

Off MarketInfo
Beds— Beds
Baths— Bath
Baths4,060 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Exterior FeaturesBoat Slip
Lot Size1.61 acres

Building Information

Year Built2023
Stories2
Garage Spaces3

Land Information

APN65014 02
Lot Number509
SubdivisionThe Shores On Richland Chambers Lake Ph
Land UseSingle Family Residence
Legal DescriptionT0077.07 THE SHORES ON RICHLAND CHAMBERS LAKE PH VII LOT 509-R 1.615 ACRES
Census Tract970701
Assessed Land Value$709,120
Assessed Improvement Value$735,130
Assessment Year2023

About this property

Wonderful open water view lot on Richland Chambers Lake in Corsicana, TX. Cleared and ready to build your new lake home! Steel sea wall, with concrete sidewalk and brand new boat house are all waiting on you at 1234 The Shores Drive. Just a short trip across to the marina, restaurant and clubhouse. Clubhouse includes fitness center, private pool and hot tub for you, family and friends. Other amenities outside the clubhouse include beach volleyball, private stocked pond with pier for fishing and grill area. This highly sought after gated community is one you will want to check out. Call for a private showing today and don't let this lot slip away!

Investor Tools

Property Icon
$1,657,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,657,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,942 /month
Positive
Cash Flow Estimate:
$3,314 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,536/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,142
$1,444,250
2023
$709,120
$735,130
$1,444,250
No

Tax History

Year
Tax Paid
Assessed Value
2023
$22,142
$1,444,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,657,000
100%
0%
$0/mo

City: Corsicana

1234 The Shores Drive | Property Details | No Agent List