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$1,500,000
Est. payment /mo
28.01 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Northview Addition Phases 3&4
MLS Listing ID 21324576
HOA Y/N None
Lot Size 28.007 Acres
Acres 28.007
Property Sub-Type Unimproved Land
Property Description
Don't miss this rare opportunity to acquire a fully entitled, shovel-ready 28.007-acre build-for-rent subdivision positioned for immediate development. The property features a city-approved plat for 176 total lots, including 156 MF-2 multifamily lots and 16 SF-3 single-family lots, giving investors and developers a strong foundation for a high-yield residential project with much of the entitlement risk already removed.
Engineering plans are finalized and will convey with the sale, helping create a more efficient path from acquisition to development. For builders, developers, and capital groups looking for speed to market, this site offers the advantage of approved planning, completed engineering, and a clear vision for a much-needed residential product type.
Located in Corsicana, a growing North Texas market along the I-45 corridor, this project is well positioned to benefit from continued expansion between Dallas, Waco, Waxahachie, Corsicana, and surrounding communities. Corsicana offers a strong mix of small-town affordability, established infrastructure, major employers, historic charm, and regional accessibility. The city continues to attract attention from residents and businesses seeking value, access, and room for growth outside the higher-cost core DFW markets.
The build-for-rent model is especially compelling for this location, offering the ability to serve renters who want the feel of a home, yard, privacy, and community without the commitment of ownership. With housing demand continuing to push into secondary growth markets, this site provides an opportunity to deliver a desirable residential product in a market with strong long-term potential.
Whether you are looking to build, hold, operate, or position the project for future disposition, this shovel-ready subdivision offers scale, approvals, location, and momentum. Opportunities of this size and readiness are difficult to find, making this a standout development site in the Corsicana market.
Engineering plans are finalized and will convey with the sale, helping create a more efficient path from acquisition to development. For builders, developers, and capital groups looking for speed to market, this site offers the advantage of approved planning, completed engineering, and a clear vision for a much-needed residential product type.
Located in Corsicana, a growing North Texas market along the I-45 corridor, this project is well positioned to benefit from continued expansion between Dallas, Waco, Waxahachie, Corsicana, and surrounding communities. Corsicana offers a strong mix of small-town affordability, established infrastructure, major employers, historic charm, and regional accessibility. The city continues to attract attention from residents and businesses seeking value, access, and room for growth outside the higher-cost core DFW markets.
The build-for-rent model is especially compelling for this location, offering the ability to serve renters who want the feel of a home, yard, privacy, and community without the commitment of ownership. With housing demand continuing to push into secondary growth markets, this site provides an opportunity to deliver a desirable residential product in a market with strong long-term potential.
Whether you are looking to build, hold, operate, or position the project for future disposition, this shovel-ready subdivision offers scale, approvals, location, and momentum. Opportunities of this size and readiness are difficult to find, making this a standout development site in the Corsicana market.
Location
State TX
County Navarro
Zoning R-3 and MF-2
Direction Follow GPS directions to 1737 Northwood Blvd, Corsicana, TX. The property begins at end of the pavement.
Interior
Heating None
Cooling None
Heat Source None
Exterior
Utilities Available Electricity Available, Sewer Available, Other
Garage No
Building
Lot Description Acreage
Schools
Middle Schools Corsicana
High Schools Corsicana
School District Corsicana Isd
Others
Restrictions Other
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Listed by Michael Petersen • Serhant Texas, LLC
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