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212 N 19th Street, Corsicana, TX 75110

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For Sale

$549,999

0.43 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 21051263

Courtesy Of Texas Ally Real Estate Group, Listed By Nir Sheinbein

(512) 763-2559

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Vinyl
  • Lot Size
    0.43 Acres

Map and Directions

Directions to 212 N 19th Street, Corsicana, TX 75110

Home seller CENTURY 21 Mike Bowman, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Mike Bowman, Inc.

(817) 354-7653
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.