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$105,000
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Property Description
Investor Opportunity with Significant Value-Add Potential in Corsicana, TX! This property presents a compelling opportunity for investors seeking a full renovation project with clear upside. The home features a functional layout and original hardwood floors, offering a desirable architectural element that can be restored and highlighted as part of a thoughtful rehab. The property will require repairs, including mold present in the back room, roof damage over the bathroom, and possible foundation issues. These known and suspected conditions are reflected in the pricing and create a defined scope of work for buyers prepared to renovate and add value. Corsicana continues to attract demand for updated housing, and renovated homes in the area perform well across both resale and rental markets. With limited renovated inventory available, this property offers investors the opportunity to improve, reposition, and capitalize on ongoing buyer demand. Ideal for experienced investors, rehabbers, or cash buyers looking for their next project. Bring your contractor, evaluate the scope, and unlock the potential this property has to offer.
Full Property Details
Full Property Details for 505 N 5th St
General
- Price: $105,000
- Taxes: $1,765
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21131483
- Updated: 12/14/2025
- Added to Site: 35 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet
- Fireplace(s): None
- Flooring: Hardwood, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Kitchen
Exterior
- Exterior Features: Garden, Storage
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Detached Carport, Driveway, Outside, Shared Driveway, Unpaved
Location
- County: Navarro
- Subdivision: Corsicana
- Driving Directions: Please use GPS
School Information
- Elem School District: Corsicana ISD
- Midd School District: Corsicana ISD
- High School District: Corsicana ISD
- Elementary School: Carroll
- Middle School: Corsicana
- High School: Corsicana
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Living Area: 1,372 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.108
- Lot Size (Sq. Ft.): 4,704.48
- Lot Features: Cleared, Interior Lot, Landscaped, Level
- Trees/Vegetation: Cleared, Grassed
- Fencing (Description): Back Yard, Partial
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,765
- Terms: Cash
Disclosures and Reports
- Legal Description: C0000 CORSICANA BLK 108 LOT PT A .108 ACRES (
- Property ID: 30956
- Block: 108
- Lot Number: A
Listed by TDRealty, Ursula Brent
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Schools
Schools serving 505 N 5th St
School District:Corsicana Independent School District
| Name | Grades | Distance |
|---|---|---|
Corsicana High Igh School 3701 W Hwy 22, Corsicana, TX 75110 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 N 5th St
Date
Details
Price
Change
Source
12/14/2025
Listed
$105,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,905
-3%
$93,630
-7%
2023
$1,963
—
$100,610
-5%
2023
$1,963
93%
$106,360
170%
2021
$1,016
-2%
$39,420
-12%
2022
$1,041
—
$44,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 N 5th St
505 N 5th Street, Corsicana, TX 75110 (MLS# 21131483) is a Single Family property with 2 bedrooms and 1 full bathroom. 505 N 5th Street is currently listed for $105,000 and was received on December 14, 2025. Want to learn more about 505 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Corsicana? You can browse all Corsicana real estate or contact a Coldwell Banker agent to request more information.

