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About This Home

This 2-bedroom, 1-bathroom single family at 505 N 5th Street in Corsicana, TX is listed for $70,000 ($51 per sqft). Built in 1930, the home offers 1,372 sqft of living space on a 0.11 acres lot.

Agent 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.

Key Features

  • Built in 1930
  • 0.11 acre lot
  • Fireplace

Property Details

1 story
1 full
1930

Amenities

FireplaceHardwood

Monthly Cost Estimate

$374/mo

20% down · 6.5% · 30 years

Principal$51
Interest$303
Insurance$20

Estimates only. Actual payments may vary.

Location

505 N 5th Street

Corsicana, TX 75110

Features & Amenities

Interior Features

Eat-in KitchenHigh Speed Internet Available

Exterior Features

Garden(s)StorageFence

Property Details

Flooring

HardwoodVinyl

Construction

Frame

Parking

CarportDriveway

Heating

Fireplace(s)

Questions & Answers

This 2-bedroom, 1-bathroom single family at 505 N 5th Street is listed at $70,000 ($51/sqft). The estimated monthly payment is $303 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.11 acre lot, Fireplace. Interior Features: Eat-in Kitchen, High Speed Internet Available. Exterior Features: Garden(s), Storage, Fence.

This property is listed by Ursula Brent and can be reached at 8178907325 or ursula@thebrsg.com.

UB

Ursula Brent

Agent at TDRealty

(817) 890-7325

Listed by TDRealty · View on Broker Site

MLS# 21131483· Source: listhub· Updated today

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505 N 5th Street, Corsicana, TX 75110

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