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$736,000

NAL Estimated Property Value

3611 Fm 3243, Corsicana, TX, 75109

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,391 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.16 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size4.30 acres

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN62216
SubdivisionW Reed Abst
Land UseResidential
Legal DescriptionABS A10673 W REED ABST TRACT 1A 4.3 ACRES
Census Tract970701
Assessed Land Value$61,060
Assessed Improvement Value$394,580
Assessment Year2025

About this property

BRING US AN OFFER! MOTIVATED SELLERS! Less than an hour drive to Waxahachie and Downtown Dallas in MILDRED ISD! Close proximity to Richland Chambers Reservoir. Main entrance has secure gated entry and pipe fencing along the front of property with cross fence for animals or garden access. Includes 2 inclement weather horse stalls and 1 lean to for 4 H or FFA projects with roll up door. There is a 60X40 (3) bay shop with water and electric as well as office and storage room. New LED Lighting outside at the barn. Roof, skylight, and upstairs water heater replaced in 2020. Both AC units serviced in April 2022. Enjoy the eat in kitchen with counter that has room for 6 bar stools. Lots of cabinet and pantry space. Upstairs has large closets in all bedrooms and flex room which can be used as a craft or office. Home also has a central vacuum system.

Investor Tools

Property Icon
$736,000
Estimated Property Value
$0Estimated Mortgage Balance
$736,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,416 /month
Positive
Cash Flow Estimate:
$1,472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,020
$455,640
2025
$61,060
$394,580
$455,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,020
$455,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$736,000
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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3611 Fm 3243 | Property Details | No Agent List