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$143,420

NAL Estimated Property Value

407 S Home St, Corrigan, TX, 75939

$173,075 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
price_per_sqft$166 / sqft
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size26,789 sqft

Building Information

Year Built1981
Roof Type230
Garage Spaces4

Land Information

APN10754001000
SubdivisionAbst 754 D Williams Survey
Land UseCommercial
Legal DescriptionABST 754 D WILLIAMS SURVEY TRACT 11
Census Tract210402
Assessed Land Value$12,322
Assessed Improvement Value$131,098
Assessment Year2025

About this property

This property is in a prime location with excellent road frontage on Highway 59, offering high visibility and easy access. It features 420 square feet of recently remodeled living space, providing a comfortable and updated area. Additionally, there is a spacious 1,200-square-foot section with two bay doors, ideal for storage, a workshop, or customization to suit your needs. The expansive front area boasts approximately 15,000 square feet of concrete parking, ensuring ample space for vehicles and equipment. With its unbeatable location and versatile layout, this property is full of potential—come see it today and make it your own!

Investor Tools

Property Icon
$143,420
Estimated Property Value
$285,909Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$173,075
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,920
$143,420
2025
$12,322
$131,098
$143,420
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,920
$143,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Livingston
Commercial
$300,000
No
First
Oct 31, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,909
N/A
0%
199%
$1,799/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: Corrigan

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407 S Home St | Property Details | No Agent List