505 N 5th Street Corsicana, TX 75110
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,372 sqft
Subdivision Corsicana
MLS Listing ID 21131483
Style Traditional
Bedrooms 2
Full Baths 1
HOA Y/N None
Year Built 1930
Annual Tax Amount $1,765
Lot Size 4,704 Sqft
Acres 0.108
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Navarro
Direction Please use GPS
Rooms
Dining Room 1
Interior
Interior Features Eat-in Kitchen, High Speed Internet Available
Flooring Hardwood, Luxury Vinyl Plank
Fireplaces Type None
Appliance None
Laundry Electric Dryer Hookup, In Kitchen, Full Size W/D Area
Exterior
Exterior Feature Garden(s), Storage
Garage Spaces 1.0
Fence Back Yard, Partial
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Connected
Roof Type Shingle
Total Parking Spaces 1
Garage Yes
Building
Lot Description Cleared, Interior Lot, Landscaped, Level
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Carroll
Middle Schools Corsicana
High Schools Corsicana
School District Corsicana Isd
Others
Acceptable Financing Cash
Listing Terms Cash
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