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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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Tbd Northwood Boulevard , Corsicana, TX 75110
$1,500,000
Est. Payment: $7,722.65/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 24
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Don’t miss this rare opportunity to acquire a fully entitled, shovel-ready 28.007-acre build-for-rent subdivision positioned for immediate development. The property features a city-approved plat for 176 total lots, including 156 MF-2 multifamily lots and 16 SF-3 single-family lots, giving investors and developers a strong foundation for a high-yield residential project with much of the entitlement risk already removed. Engineering plans are finalized and will convey with the sale, helping create a more efficient path from acquisition to development. For builders, developers, and capital groups looking for speed to market, this site offers the advantage of approved planning, completed engineering, and a clear vision for a much-needed residential product type. Located in Corsicana, a growing North Texas market along the I-45 corridor, this project is well positioned to benefit from continued expansion between Dallas, Waco, Waxahachie, Corsicana, and surrounding communities. Corsicana offers a strong mix of small-town affordability, established infrastructure, major employers, historic charm, and regional accessibility. The city continues to attract attention from residents and businesses seeking value, access, and room for growth outside the higher-cost core DFW markets. The build-for-rent model is especially compelling for this location, offering the ability to serve renters who want the feel of a home, yard, privacy, and community without the commitment of ownership. With housing demand continuing to push into secondary growth markets, this site provides an opportunity to deliver a desirable residential product in a market with strong long-term potential. Whether you are looking to build, hold, operate, or position the project for future disposition, this shovel-ready subdivision offers scale, approvals, location, and momentum. Opportunities of this size and readiness are difficult to find, making this a standout development site in the Corsicana market.

Highlights

Listed by Michael Petersen , and Tevin Johnson , Serhant Texas, LLC , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
28.01

County

Navarro

Neighborhood

Northview Addition Phases 3&4

School District

Corsicana ISD

Listing ID

21324576

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,10 to < 50 Acres
Zoning:R-3 and MF-2
Principal Interest
$7,723
Taxes
$956

Home Price

$1,500,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,722.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,722.65 $956.25 $0.00 $8,678.90
Yearly $92,671.82 $11,475.00 $0.00 $104,146.82
Total $2,780,154.51 $344,250.00 $0.00 $3,124,404.51

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Corsicana, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems