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$916,000

NAL Estimated Property Value

1508 Sycamore Ave, Corsicana, TX, 75110

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.13 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Ice Maker, Double Oven, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Dog Run, Rain Gutters, Lighting, Storage, Garden
Lot Size1.25 acres

Building Information

Year Built1925
Stories2
Garage Spaces3

Land Information

APN28922
Lot NumberB
SubdivisionCorsicana
Land UseResidential
Legal DescriptionC0000 CORSICANA BLK 524D LOT B (REPLAT PT LOT 9 & ALL 10) 1.247 ACRES (205 X 265) (205 X 265)
Census Tract970301
Assessed Land Value$135,810
Assessed Improvement Value$490,770
Assessment Year2025

About this property

Steeped in Texas history and timeless elegance, this extraordinary Governor’s mansion was once home to Governor Beauford Jester, for whom Corsicana's local Jester Park was named. Rich in character and craftsmanship, this remarkable property carries a Historical Home Marker designation and offers a rare opportunity to own a true piece of Texas heritage. The main residence features 4 bedrooms and 3.1 baths, blending historic charm with thoughtful modern updates. The luxurious primary suite was beautifully remodeled by renowned builder Monty Brazell and includes a private bonus room filled with natural light, a convenient coffee bar, clawfoot tub, and an oversized walk-in closet. Throughout the home, you’ll find exceptional details including original hardwood flooring, stunning original Rookwood tile in the breakfast room, abundant storage closets including a cedar-lined attic closet, a spacious laundry room plumbed for a sink, a basement with plenty of extra cool storage space, and an elevator providing convenient access between the first and second floors. Outside, the property continues to impress with a detached 3-car garage topped by a private guest apartment featuring 2 bedrooms and 1 bath. Entertain effortlessly in the stunning pool house, also built by Monty Brazell, showcasing a one-of-a-kind bar imported from England, a large space for games and entertaining, and generous storage space. The recently resurfaced inground pool with diving board creates the perfect backdrop for relaxing summer days. Beautifully landscaped gardens, a pergola with a tranquil water fountain, and expansive outdoor living spaces make this estate truly unforgettable. Additional features include treated lumber fencing on steel posts, copper gutters and downspouts, a chicken coop, and private well. Combining historical significance, luxurious amenities, and unmatched character, this iconic estate is a once-in-a-lifetime offering.

Investor Tools

Property Icon
$916,000
Estimated Property Value
$182,706Estimated Mortgage Balance
$733,294Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,101/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,631
$563,439
2025
$135,810
$490,770
$626,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,631
$563,439

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank
Purchase Money Mortgage
$210,000
No
First
Dec 17, 2019
Dec 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,706
$733,294
80%
20%
$1,260/mo

City: Corsicana

1508 Sycamore Ave | Property Details | No Agent List