TBD Northwood Boulevard

Corsicana, TX 75110
$1,500,000
28.01 acres

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.

Property Type: Land - UnimprovedLand
MLS Status: Active
MLS: 21324576
Year Built:
County: Navarro
Tract or Division: Northview Addition Phases 3&4
List Date: 07/31/2026
Area:
Square Feet:
Total Beds:
Full Baths:
Half Baths:
Acres: 28.01
Lot Size (sqft): 1,219,985

800.451.8055

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Additional Property Details

 
Listing Agent: Michael Petersen
Co-Listing Agent: Tevin Johnson
Broker: Serhant Texas, LLC
Listed by: Michael Petersen, Serhant Texas, LLC

Location

Schools

School Name Grades Admission
Corsicana High School 9 - 12 Regular
Collins Intermediate School 5 - 6 Regular
Corsicana Middle School 7 - 8 Regular
Unassigned PK - PK Regular
Bowie Elementary School KG - 4 Regular
5 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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