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$2,480,000

TBD W HWY 31 Highway, Corsicana, TX, 75110

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Exceptional 248± acre ranch offering a rare combination of investment potential, agricultural productivity, recreational opportunities, and outstanding accessibility. Located entirely within a designated Opportunity Zone, this property presents unique possibilities for future development or long-term investment. With approximately 3,700 feet of frontage on W Highway 31 and an additional 1,000 feet of county road frontage, the ranch provides excellent access and visibility. The property is well-equipped for livestock operations with perimeter fencing and cross fencing, while the lower portion of the ranch, located within the floodplain, produces improved Bermuda hay, providing an excellent source of forage. Mature hardwood trees are scattered throughout the property, offering abundant shade and cover for livestock as well as enhancing the ranch's natural beauty. Outdoor enthusiasts will appreciate the outstanding wildlife habitat. The ranch supports healthy populations of white-tailed deer, feral hogs, and dove, making it an excellent hunting and recreational property. An ideal low-lying area also offers the potential to create a duck slough, adding another dimension to the property's waterfowl habitat and hunting opportunities. Adding to its strategic value, three high-voltage transmission (HVTL) lines cross the property, creating potential for utility-related investment or future infrastructure opportunities. Whether you're seeking a productive cattle and hay operation, a recreational hunting ranch, an investment property within an Opportunity Zone, or land with long-term development potential, this diverse 248± acre tract offers exceptional versatility in a highly accessible location.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,880 /month
Positive
Cash Flow Estimate:
$4,960 /month

Interested in this property?

Jeffery Smith

Century 21 Mike Bowman, Inc.

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Financing Details

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

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.

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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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