$549,999

212 N 19th Street, Corsicana, TX 75110

  • 3,456 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $159/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Outstanding investment property in Corsicana! This fully leased asset generates $5,650 in gross monthly rent with long term tenants in place — exceeding the popular 1% rule with ease. Annual gross income is $67,800, with estimated expenses of just 25%, resulting in a strong net operating income of approximately $50,850. At the list price of $549,999, the property delivers an impressive 9.2% cap rate. The building features 3,456 square feet on a 0.43 acre lot, offering stable rental performance and long term tenant appeal. With consistent cash flow, low expenses, and reliable occupancy, this property is a prime turnkey addition to any investment portfolio.

Listing Status:
Active
Listing Office:
Texas Ally Real Estate Group : 512-763-2559
Listing Agent:
Nir Sheinbein :
MLS ID:
21051263
  • General: Other
  • Appliances: Electric OvenElectric RangeRefrigerator
  • Flooring: Vinyl
  • A/C: Window Unit(s)
  • Heating: Other
  • Pool: None
  • Parking: On StreetParking spaces: 6
  • Roofing: Shingle
  • General: FrameWood Siding1Concrete Perimeter
  • Originating MLS: NTR
  • School District: Corsicana ISD
  • County: Navarro
  • Zoning: 35782
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Nir Sheinbein, Texas Ally Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sam Houston Elementary School

1213 W 4th Ave, Corsicana, TX, 75110

Grades PK-4

0.15 miles away

C

Corsicana Middle School

4101 FM 744, Corsicana, TX, 75110

Grades 7-8

3.03 miles away

C

Corsicana H Igh School

3701 W State Highway 22, Corsicana, TX, 75110

Grades 9-12

2.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.