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$919,000

7303 S Us Highway 287, Corsicana, TX, 75109

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$313.01 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Microwave, Double Oven

Exterior

Lot Size10.42 acres

Building Information

Year Built2009
Stories2
Garage Spaces2

Land Information

APN51130
SubdivisionJ White Abst
Land UseResidential
Legal DescriptionABS A10827 J WHITE ABST TRACT 5B 10.421 ACRES
Census Tract970701
Assessed Land Value$15,760
Assessed Improvement Value$369,880
Assessment Year2025

About this property

Custom built and proudly maintained by its original owner, this Texas style home offers 4 bedrooms, 3.5 baths, and approximately 34 acres in the highly sought after Mildred ISD. Designed with versatility in mind, the spacious floor plan includes a private suite with its own entrance providing flexible living arrangements for a variety of needs. The acreage is currently used for cattle grazing and is well suited for horses, livestock, or other agricultural pursuits. Enjoy the privacy and peaceful setting while remaining conveniently located with easy access to Interstate 45 for commuting to Dallas, Corsicana, and surrounding communities. Richland Chambers Lake is approximately 8 miles away, offering convenient access to boating, fishing, and outdoor recreation. Whether you are looking for a working ranch, hobby farm, or simply room to spread out, this one owner property combines the charm of Texas country living with the convenience of nearby amenities.

Investor Tools

$221,049Estimated Mortgage Balance
$483,951Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,514 /month
Positive
Cash Flow Estimate:
$1,838 /month

Interested in this property?

Shelby Donoho

Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,024
$385,640
2025
$15,760
$369,880
$524,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,024
$385,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$234,000
No
First
Jul 1, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,049
$328,951
59%
31%
$1,463/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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7303 S Us Highway 287 | Property Details | No Agent List