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$1,109,000

$1,129,000

215 Tonkawa Trl, Corsicana, TX, 75109

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$425.07 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Tile, Vinyl

Exterior

Exterior FeaturesDog Run, Fire Pit, Rain Gutters, Lighting, Private Yard, Garden
Lot Size1.24 acres

Building Information

Year Built2022
Stories1
Garage Spaces4

Land Information

APN115788
Lot Number5
SubdivisionArrowhead Sub
Land UseResidential
Legal DescriptionA0690 ARROWHEAD SUB LOT 5 1.238 ACRES
Census Tract970701
Assessed Land Value$218,410
Assessed Improvement Value$696,120
Assessment Year2025

About this property

Beautiful, like new condition lake front home on 1.24 acres, with 900 sq ft boathouse with lifts for boat and 2 jet ski's on Richland-Chambers Lake.127 feet of waterfront on a large canal, that's 7-8 feet deep. Custom built home with custom plantation shutters across front windows, and custom window treatments on every window. Home is equipped with Jelly Fish lighting, outside cameras, fire pit, and ornamental fenced backyard. Beautifully landscaped above normal. Open concept, with large living spaces in all rooms, LVP throughout the home. Living room with wood burning fireplace, large kitchen with island, Kitchen Aid double oven with microwave above, quartz counter tops. Large master bath with free standing tub, large shower and beautiful tile floor to ceiling double vanities. Bath 2 is jack and jill style with double vanities. This home is immaculate throughout. Large windows with plenty of natural light. Entire property is fully irrigated from the lake. Lake living at its finest.

Investor Tools

$214,225Estimated Mortgage Balance
$700,305Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,654 /month
Positive
Cash Flow Estimate:
$2,218 /month

Interested in this property?

John Prell

Creekview Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,353/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,665
$914,530
2025
$218,410
$696,120
$914,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,665
$914,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Stand Alone Second / Subordinate Position
$216,000
No
First
Jul 21, 2025
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,225
$700,305
76%
23%
$1,661/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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