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$217,000

NAL Estimated Property Value

400 Fairmont Ave, Corsicana, TX, 75110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
price_per_sqft$150.64 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater

Exterior

Lot Size9,714 sqft

Building Information

Year Built1975
Stories1
Roof Type114
Garage Spaces2

Land Information

APN25796
Lot Number6A
SubdivisionCorsicana
Land UseResidential
Legal DescriptionC0000 CORSICANA BLK 1027A LOT 6A .223 ACRES (81.8 X 119) (81.8 X 119)
Census Tract970200
Assessed Land Value$43,800
Assessed Improvement Value$205,040
Assessment Year2025

About this property

Welcome to this beautifully updated home, where thoughtful renovations meet modern comfort. The dining room has been completely gutted and remodeled with new drywall and texture, fresh paint, updated fixtures, trim, and flooring, creating an inviting space for gatherings. The master bathroom was also taken down to the studs and rebuilt with a full walk-in tile shower, new flooring, vanity, toilet, fixtures, paint, and drywall, giving it a spa-like feel. A guest bedroom (currently a nursery) has also been refreshed, and throughout the home you’ll find freshly painted doors and trim, plus updated light fixtures and ceiling fans. The exterior shines with a full repaint and wood repairs, ensuring long-lasting curb appeal. Outdoors, enjoy the newly installed stone sitting area in the backyard — perfect for relaxing or entertaining. This home also offers peace of mind with major system updates, including a complete new HVAC system installed in 2018, a $2,000+ updated breaker box, and newer appliances such as a refrigerator and dishwasher (garage refrigerator may convey depending on future needs)

Investor Tools

Property Icon
$217,000
Estimated Property Value
$114,278Estimated Mortgage Balance
$102,993Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,535
$197,375
2025
$43,800
$205,040
$248,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,535
$197,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Fha
$136,482
Yes
First
Apr 5, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,278
$102,722
47%
53%
$819/mo

City: Corsicana

400 Fairmont Ave | Property Details | No Agent List