Investment opportunity in Corsicana with approximately 0.455 acres zoned MF-2 (multifamily), offering strong potential for multi-unit development. The property has been replatted into one oversized lot with a variance reducing minimum lot width, allowing for more flexible building options.
Based on preliminary planning, the site may accommodate multiple units, including potential for a duplex or quadplex, subject to city approval. Utilities including water and electric are available at the road, with sewer access nearby.
Located in an established area with close proximity to downtown Corsicana and major roadways, this property is well positioned for rental or long-term investment potential.
Owner financing available with 10% down, 10-year term, 11.99% interest, and no prepayment penalty. Monthly payment includes principal, interest, taxes, and escrow fee. Buyer to verify all zoning, utilities, and development requirements.