212 N 19th Street, Corsicana, TX 75110
Local realty services provided by:ERA Steve Cook & Co, Realtors
Listed by:nir sheinbein858-539-5219
Office:texas ally real estate group
MLS#:21051263
Source:GDAR
Price summary
- Price:$549,999
- Price per sq. ft.:$159.14
About this home
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.
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Home facts
- Year built:1940
- Listing ID #:21051263
- Added:23 day(s) ago
- Updated:October 05, 2025 at 11:45 AM
Rooms and interior
- Living area:3,456 sq. ft.
Heating and cooling
- Cooling:Window Units
Structure and exterior
- Year built:1940
- Building area:3,456 sq. ft.
- Lot area:0.43 Acres
Schools
- High school:Corsicana
- Elementary school:Houston
Finances and disclosures
- Price:$549,999
- Price per sq. ft.:$159.14
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