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$234,000

NAL Estimated Property Value

712 Madison Drive, Corsicana, TX, 75110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,502 Sq Ft
price_per_sqft$149.73 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringLaminate

Exterior

Lot Size13,504 sqft

Building Information

Year Built1970
Stories1
Roof Type114
Garage Spaces2

Land Information

APN29432
Lot Number5
SubdivisionCorsicana
Land UseResidential
Legal DescriptionC0000 CORSICANA BLK 1028E LOT 5 .31 ACRES (100 X 135) (100 X 135)
Census Tract970200
Assessed Land Value$40,500
Assessed Improvement Value$176,380
Assessment Year2025

About this property

712 Madison is located on a quiet and beautiful tree lined street in The Historic Town of Corsicana. This classic 70's style ranch home has luxury laminate flooring throughout and features an updated kitchen with granite countertops, self-closing drawers, and stainless-steel appliances which include a recently installed dishwasher, a 2-year-old side by side refrigerator and glass top oven. The Living, dining and kitchen have an open concept. Bathrooms have updated vanity cabinets and beautifully tiled primary shower. The fenced backyard has a storage shed for all your extra's beautiful trees that provide loads of shade. A separate fenced area can be used as a protected garden or dog run. This home has a flex floor plan that could be converted to a 4th bedroom or den with a few minor changes.

Investor Tools

Property Icon
$234,000
Estimated Property Value
$208,778Estimated Mortgage Balance
$25,222Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,994
$216,880
2025
$40,500
$176,380
$216,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,994
$216,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Fha
$217,979
Yes
First
Jan 18, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,778
$25,222
10%
89%
$1,307/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: Corsicana

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