505 N 5th Street, Corsicana, TX 75110
Local realty services provided by:ERA Newlin & Company
Listed by: ursula brent
Office: tdrealty
MLS#:21131483
Source:GDAR
Price summary
- Price:$55,000
- Price per sq. ft.:$40.09
About this home
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....
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Home facts
- Year built:1930
- Subdivision & Development:Corsicana
- Listing ID #:21131483
- Added:293 day(s) ago
- Updated:October 03, 2026 at 12:42 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Hardwood, Luxury Vinyl Plank
- Living area:1,372 sq. ft.
Structure and exterior
- Year built:1930
- Building area:1,372 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Cleared, Interior Lot, Landscaped, Level
- Architectural Style:Traditional
- Construction Materials:Frame
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Corsicana
- Middle school:Corsicana
- Elementary school:Carroll
Finances and disclosures
- Price:$55,000
- Price per sq. ft.:$40.09
- Tax amount:$1,765
Parking
- Garage:Yes
- Garage spaces:1
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