Paragon Realtors Real Estate

Tbd Northwood BoulevardCorsicana, TX 75110Price: $1,500,000

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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%
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,500,000List Price
  • 28.01Acreage

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Listed by Michael Petersen of Serhant Texas,LLC
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.

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Based on information submitted to North Texas Real Estate Information Services as of August 1, 2026 12:46 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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