$293,740
NAL Estimated Property Value3841 Ne County Road 1040, Corsicana, TX, 75109
$381,862 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipAbsentee Owner
Highlights
Interior
AppliancesNone
FlooringHardwood, Wood, Other
Exterior
Exterior FeaturesRV Hookup, Storage
Lot Size4.57 acres
Building Information
Year Built1940
Stories1
Land Information
APN57423
SubdivisionD Flint Abst
Land UseResidential
Legal DescriptionABS A10269 D FLINT ABST TRACT 6-2A 4.57 ACRES SN1 OC052324690
Census Tract970100
Assessed Land Value$139,750
Assessed Improvement Value$153,990
Assessment Year2025
About this property
Jump into this southern charm farmhouse on 5 Acres of land, surrounded by pecan trees and secluded from city lights, and offers a serene and picturesque setting! The fact the property is already equipped with an RV hookup, electric, water, and a septic adds even more value and convenience. This home needs your finishing touches with original shiplap, attractive character, and starting stages of completion! Take advantage of the ideal location and ability to complete this 1908 historical home while its here and ready for so much potential!
Investor Tools
$293,740
Estimated Property Value
$240,629Estimated Mortgage Balance
$53,111Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$381,862
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,762 /month
Positive
Cash Flow Estimate:
$587 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,047
$293,740
2025
$139,750
$153,990
$293,740
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,047
$293,740
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Conventional
$248,400
No
First
Aug 8, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,629
$53,111
18%
82%
$1,490/mo
