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$83,980

847 S 15th Street Comm, Corsicana, TX, 75110

$109,174 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths900 Sq Ft
IndustrialIndustrial
price_per_sqft$222.11 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringTile

Building Information

Year Built1940
Garage Spaces4

Land Information

APN80232
Lot Number4-1
SubdivisionCorsicana
Land UseCommercial
Legal DescriptionC0000 CORSICANA BLK 301A LOT 4-1 (IMP ONLY) (IMP ONLY)
Census Tract970902
Assessed Improvement Value$83,980
Assessment Year2025

About this property

Previous laundromat fully remodeled interior and exterior and converted into a hair salon with new HVAC, flooring, plumping and electrical throughout in 2013 and 2014! Building includes a kitchen as well as office space and a bathroom with a stand up shower. Purchase of the building comes with a 2 bedroom 1 bath, 1120sf home jut steps away that would be perfect for the business owner or used as a rental investment home. A lot of parking space on front, rear and both sides of the building with a gate installed. House is currently occupied by a tenant on a month to month basis. This property has a lot of opportunity and is ready for its new business owners! Property is zoned Industrial 1, No survey available, buyer will have to purchase new. See residential listing details MLS 20028632

Investor Tools

Property Icon
$83,980
Estimated Property Value
$0Estimated Mortgage Balance
$83,980Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$109,174
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,657
$83,980
2025
N/A
$83,980
$83,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,657
$83,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$83,980
100%
0%
$0/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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