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Awning Analysis
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203 County Road 3124aCorsicana, TX 75109
$599,997  
3  Bd
2  Ba
1,459  Sq. Ft.
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Key Insights
B-
Overall Niche neighborhood grade
This neighborhood is a desirable place to live! See details
NEW
Market Data
B
Overall Niche school grade
The public schools in this area are good! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 716255
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$5,000

The furniture is already included. We've included a $5,000 budget to replace or add additional items


Renovation Cost Estimate

$5,000

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located 5 minutes drive from Mattie Caston Park and 20 minutes drive from Downtown Corsicana
  • The home is not part of an HOA (no restrictions)
  • This property is located in flood zone A. Flood insurance is required


Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010

Description
Turnkey Airbnb property fully furnished and stocked, with a 74% occupancy rate and projected annual gross income of $52K, is ready for a new owner. Continue to rent, enjoy as your own, or both. Escape to your own slice of paradise with this stunning lake house on Richland Chambers. Completely renovated, this 3 bedroom, 2 bath home boasts 1,459 square feet of living space, plus a large screened-in patio with hot tub that's perfect for enjoying the beautiful lake views. Situated on a generous .9-acre lot with no HOA and no city taxes. This property also includes a massive 1,500 square foot shop, offering plenty of space for storage, workshop, or additional income opportunity. Ample parking is available with the long concrete drive and carport. Owner is a Licensed Real Estate Agent.
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Listed by: Mary Eubanks · DRE#: 0640273 · CENTURY 21 Judge Fite CompanySource: MLS logo ntreis · MLS#: 20288687 · Originating MLS: North Texas Real Estate Information SystemsAwning last checked: today at 5:04 PM | Last updated 05/20/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$411
$/Unit
$599,997
Lot size
39,204
Built in
2008
Days on Awning
72

Copyright: Listing Information © 2023 North Texas Real Estate Information Systems. All Rights Reserved.Disclaimer: UnavailableMLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$6,000

NeighborhoodGet to know what living in 75109 is like.
Report Card for 75109Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B-

Public Schools
B
Commute
C+
Cost of Living
B
Crime & Safety
B
Diversity
B
Good for Families
B
Jobs
C+
Walkability
C+
Data provided by Niche.

Living in 75109
Bars
B-
Coffee Shops
B
Health & Fitness
C+
Nightlife
B-
Outdoor Activities
B-
Parks
B
Restaurants
B-
Weather
B+
Data provided by Niche.

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Schools in 75109
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an B school district, meaning the public schools in this area are good!
B

Mildred High SchoolGrades 6 to 12Serves this home • 10.3 miles away
B+
Academics
B
Teachers
B+
Student-Teacher Ratio
12:1
Total Students
431
Collins Middle SchoolGrades 7 to 8Nearby • 24.6 miles away
B
Academics
B
Teachers
B-
Student-Teacher Ratio
12:1
Total Students
826
Mildred Elementary SchoolGrades PK, K to 5Serves this home • 10.3 miles away
B+
Academics
B+
Teachers
A-
Student-Teacher Ratio
14:1
Total Students
303
Corsicana High SchoolGrades 9 to 12Nearby • 23.9 miles away
B
Academics
B
Teachers
C+
Student-Teacher Ratio
15:1
Total Students
1700
Sam Houston Elementary SchoolGrades K to 4Nearby • 20.4 miles away
B+
Academics
A-
Teachers
A-
Student-Teacher Ratio
15:1
Total Students
362
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
75109 StatsSee how this home compares to the zip code medians.
75109 Median
Home Value
$138,400
Rent
$1,319
Rent-to-Income
26.9%
Income
$58,813
This Home
Listing Price
$599,997334% higher than zip
Rent
$2,09059% higher than zip
Rent to Income
42.6%59% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
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in Year 2020
  • 75109
    $228,000
  • County
    $124,000
Average Price / SqFt
See how the price / sqft in the area has changed over time.
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in Year 2020
  • 75109
    $95
  • County
    $61

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
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in Year 2019
  • 75109
    $82k
  • County
    $61k

Population
See how the area’s total population has changed over time.
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in Year 2020
  • 75109
    4,243
  • Average in County
    4,136

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 7510983%
% Owner Occupied for County80%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 7510951%
% White Collar for County60%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
7510923%
County17%

Age Distribution 75109
See the distribution of people by age in 75109.
Under 2023%
20 - 4427%
45-6428%
65+22%