Description
Rare development opportunity in southwest Corsicana! This approximately 23.6-acre tract offers excellent potential for residential development with a convenient location near Navarro College, the Corsicana business district, shopping, dining, medical facilities, and major thoroughfares. The property is adjacent to established residential development and has access from surrounding residential streets, including Overlook Drive, S 41st Street, and S 42nd Street. A preliminary plat and development planning have previously been completed, with the property originally planned for approximately 93 single-family residential lots. The tract is currently zoned R-4 Single Family Residential, with municipal utilities available. Mostly open terrain and level to gently rolling topography provide favorable characteristics for future development, and FEMA data referenced in the appraisal shows no portion of the property within the mapped 100-year floodplain. With surrounding neighborhoods already in place and much of the early development groundwork completed, this property presents a compelling opportunity for a builder, developer, or investor looking for a sizable residential project in a growing area of Corsicana. Buyer to verify zoning, utilities, platting, development requirements, and intended use.
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0BEDS
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23.6ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rare development opportunity in southwest Corsicana! This approximately 23.6-acre tract offers excellent potential for residential development with a convenient location near Navarro College, the Corsicana business district, shopping, dining, medical facilities, and major thoroughfares. The property is adjacent to established residential development and has access from surrounding residential streets, including Overlook Drive, S 41st Street, and S 42nd Street. A preliminary plat and development planning have previously been completed, with the property originally planned for approximately 93 single-family residential lots. The tract is currently zoned R-4 Single Family Residential, with municipal utilities available. Mostly open terrain and level to gently rolling topography provide favorable characteristics for future development, and FEMA data referenced in the appraisal shows no portion of the property within the mapped 100-year floodplain. With surrounding neighborhoods already in place and much of the early development groundwork completed, this property presents a compelling opportunity for a builder, developer, or investor looking for a sizable residential project in a growing area of Corsicana. Buyer to verify zoning, utilities, platting, development requirements, and intended use.
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