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$599,000

1642 Nw County Road 1040, Corsicana, TX, 75110

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.59 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Double Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6.07 acres

Building Information

Year Built1976
Stories1
Roof Type114
Garage Spaces4

Land Information

APN47892
SubdivisionF Kendall Abst
Land UseResidential
Legal DescriptionABS A10460 F KENDALL ABST TRACT 6A 6.073 ACRES
Census Tract970301
Assessed Land Value$120,800
Assessed Improvement Value$347,750
Assessment Year2025

About this property

Beautifully updated 4 bedroom, 2.5 bath brick home on approximately 6 fully fenced and cross fenced acres just outside Corsicana city limits in Corsicana ISD. Inside, you'll find updated flooring, abundant natural light, a spacious living room with a brick fireplace, and a dining area with picture windows overlooking the property. The flexible fourth bedroom also works well as a home office or second living area. An enclosed back porch adds extra living space, while the large back deck is ideal for relaxing or entertaining beneath mature shade trees. Outdoor improvements include a barn with holding pens, chicken coop, workshop storage area, RV utility hookups, and open acreage suitable for a variety of agricultural or recreational uses. A long private driveway completes this versatile property, offering country living with convenient access to shopping, dining, and everyday amenities. Schedule your private showing today!

Investor Tools

$0Estimated Mortgage Balance
$490,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Shelby Donoho

Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,489
$468,550
2025
$120,800
$347,750
$468,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,489
$468,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$490,000
100%
0%
$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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1642 Nw County Road 1040 | Property Details | No Agent List