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$177,000

NAL Estimated Property Value

2932 Lynne Avenue, Corsicana, TX, 75110

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.11 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range

Exterior

Lot Size7,492 sqft

Building Information

Year Built1955
Stories1
Roof Type114
Garage Spaces1

Land Information

APN33046
SubdivisionCorsicana
Land UseResidential
Legal DescriptionC0000 CORSICANA BLK 801B LOT E 45' OF 3 & W 15' OF 4 .172 ACRES (60 X 125) (60 X 125)
Census Tract970901
Assessed Land Value$22,500
Assessed Improvement Value$132,380
Assessment Year2025

About this property

Adorable home that welcomes you with its big front yard with multiple shade trees. If you are searching for an affordable home that is move in ready then it’s showtime!!!! This home would make a smart rental investment. Home offers 3 bedrooms with 1 bath and features and open living and kitchen area that creates a spacious feel. The home boasts a fairly new metal roof. The large backyard has ample room for entertainment, a small garden and even includes a chicken coop for your feathered friends. Priced very affordably, this home offers excellent value. Conveniently located near Navarro College and just a short distance from all that Corsicana has to offer.

Investor Tools

Property Icon
$177,000
Estimated Property Value
$156,297Estimated Mortgage Balance
$20,703Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,043
$154,880
2025
$22,500
$132,380
$154,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,043
$154,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Mellon Trust Compan
Stand Alone First / Home Equity First Lien
$6,206
No
First
Aug 14, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,297
$20,703
11%
88%
$969/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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