Courtesy of: Nir Sheinbein, Texas Ally Real Estate Group, nir.s4188@gmail.com
Courtesy of: Nir Sheinbein, Texas Ally Real Estate Group, nir.s4188@gmail.com
$549,999
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Lot: 0.43 Acres
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Other
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$549,999
212 N 19th Street Outstanding investment property in Corsicana! This fully leased asset generates $5, 650 in gross monthly rent with long term tenants in place — exceeding the popular 1% rule with ease. Annual gross income is $67, 800, with estimated expenses of just 25%, resulting in a strong net operating income of approximately $50, 850. At the list price of $549, 999, the property delivers an impressive 9.2% cap rate. The building features 3, 456 square feet on a 0.43 acre lot, offering stable rental performance and long term tenant appeal. With consistent cash flow, low expenses, and reliable occupancy, this property is a prime turnkey addition to any investment portfolio.
Courtesy of: Nir Sheinbein, Texas Ally Real Estate Group, nir.s4188@gmail.com
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