505 N 5th St, Corsicana, TX 75110
- $70,000
- 2
- BD
- 1
- BA
- 1,372
- SqFt
- List Price
- $70,000
- Price Change
- ▼ $20,000 1773660678
- MLS#
- 21131483
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Traditional, Detached
- Year Built
- 1930
- Construction Status
- Preowned
- Bedrooms
- 2
- Full Baths
- 1
- Acres
- 0.11
- Living Area
- 1,372
- County
- Navarro
- City
- Corsicana
- Subdivision
- Corsicana
- Number of Stories
- 1
- Architecture Style
- Traditional, Detached
Property Description
Investor Opportunity with Significant Value-Add Potential in Corsicana, TX! Investor or Cash (Hard Money) END Buyers. NO BLIND OFFERS. NO SELLER FINANCE or NO CREATIVE FINANCING. This property presents a compelling opportunity for investors seeking a full renovation project with clear upside. The home features a functional layout and original hardwood floors, offering a desirable architectural element that can be restored and highlighted as part of a thoughtful rehab. The property will require repairs, including mold present in the back room, roof damage over the bathroom, and possible foundation issues. These known and suspected conditions are reflected in the pricing and create a defined scope of work for buyers prepared to renovate and add value. Corsicana continues to attract demand for updated housing, and renovated homes in the area perform well across both resale and rental markets. With limited renovated inventory available, this property offers investors the opportunity to improve, reposition, and capitalize on ongoing buyer demand. Ideal for experienced investors, rehabbers, or cash buyers looking for their next project. Bring your contractor, evaluate the scope, and unlock the potential this property has to offer.
Additional Information
- Unexempt Taxes
- $1,765
- Amenities
- Fireplace
- Lot Size
- 4,704
- Acres
- 0.11
- Lot Description
- Cleared, Irregular Lot, Landscaped, Level
- Interior Features
- Eat-In Kitchen, High Speed Internet
- Flooring
- Hardwood, Vinyl
- Foundation
- Pillar/Post/Pier
- Roof
- Shingle
- Stories
- 1
- Pool Features
- None
- Fireplace Type
- None
- Exterior
- Garden, Storage
- Garage Spaces
- 1
- Parking Garage
- Detached, Driveway, Other, Shared Driveway, Unpaved
- School District
- Corsicana Isd
- Elementary School
- Carroll
- Middle School
- Corsicana
- High School
- Corsicana
- Possession
- CloseOfEscrow
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Listing courtesy of Ursula Brent from TDRealty. Contact: 817-890-7325