
$191,371
NAL Estimated Property Value505 S Home St, Corrigan, TX, 75939
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About this property
Currently used as a duplex but easily converted to a single-family home! This fully furnished property sits on 1.36 acres with a fenced yard, ample parking, and room to add another home. The converted garage serves as a 4th bedroom and would make a great mother-in-law suite with its own entrance, kitchenette, and living area. Features include a roof replaced in 2018, 2 new HVAC units, and handicap-accessible features. Tenant will vacate at the time of sale. With its flexible layout and furnishings, this home would make an excellent short-term rental or multi-generational living space! HOME MAY ALSO BE SOLD WITH 0.75 ACRE FOR $175,000. Currently under construction, once complete the loop will divert heavy traffic away from Corrigan.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Corrigan
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