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Days7Days on Market
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$250,000

216 Se County Road 3048a, Corsicana, TX, 75109

$312,341 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.89 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Must-SellARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher

Exterior

Lot Size14,854 sqft

Building Information

Year Built2021
Stories1

Land Information

APN53613
Lot Number1
SubdivisionSunrise Point Ph 1
Land UseResidential
Legal DescriptionS0710.01 SUNRISE POINT PH 1 BLK D LOT 1 .341 ACRES S# ATH003528TXA S# ATH003528TXB
Census Tract970701
Assessed Land Value$14,850
Assessed Improvement Value$190,150
Assessment Year2025

About this property

Why settle for limited space when you can have over 2,100 square feet, a large lot, and a newer home near the lake? Welcome to this 2021-built doublewide in Mildred ISD, perfectly positioned on over 0.3 acres near Richland Chambers Lake. This 3-bedroom, 2-bath home offers a spacious and functional layout, complete with an open kitchen and center island that anchors the home, plus two separate living areas for added flexibility. Whether you’re hosting guests or enjoying a quiet night in, this home adapts to your needs. Outside, the back porch provides a relaxing view of the fenced yard. With a recently replaced roof in 2024 and an additional lot available next door, this property offers both comfort and future potential.

Investor Tools

$185,956Estimated Mortgage Balance
$143,395Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$312,341
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Kelli Hobbs

Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,054
$205,000
2025
$14,850
$190,150
$205,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,054
$205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Stage Funding Llc
Unknown
$203,250
No
First
Nov 9, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,956
$71,044
27%
57%
$1,219/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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