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$260,900

NAL Estimated Property Value

4285 W STATE HIGHWAY 22 Highway, Corsicana, TX, 75110

$313,223 ARVInfo
Off MarketInfo
CommercialInfo
Baths2,288 Sq Ft
OfficeOffice
price_per_sqft$76.44 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Garage AvailableGarage Available
FlooringConcrete, Laminate

Exterior

Lot Size11.05 acres

Building Information

Year Built2006
Stories1
Garage Spaces10

Land Information

APN50387
Lot Number14,15
SubdivisionGillen Est Ranchitoes
Land UseCommercial
Legal DescriptionG0200 GILLEN EST RANCHITOES LOT 14 & 15 11.054 ACRES
Census Tract970302
Assessed Land Value$150,100
Assessed Improvement Value$110,800
Assessment Year2025

About this property

Very nice building located on 11 acres within half mile of city limits. Large outdoor concrete pad can be used for parking and storage. Fully insulated shop area has high ceiling with heavy roll-up overhead door and half bath. Central electric HVAC with tankless water heater. Sharp office environment with wood laminate floors and decorative walls. Attractive entry with white Austin stone and columns on front exterior. High quality building with additional room to expand. Seller will consider division of property. All information in this listing considered reliable, subject to verification by buyer.

Investor Tools

Property Icon
$260,900
Estimated Property Value
$114,087Estimated Mortgage Balance
$146,813Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$313,222
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,565 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,074
$260,900
2025
$150,100
$110,800
$260,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,074
$260,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intouch Cu
Commercial
$160,000
No
First
Aug 14, 2013
Sep 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,087
$146,813
56%
44%
$960/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.

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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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4285 W STATE HIGHWAY 22 Highway | Property Details | No Agent List