4400 W Park Row Blvd · Corsicana, TX 75110

$129,900

2 bd · 2.0 ba · 912 sqft · SingleFamily public records · 160 Days on market

Built 1987 1.43 ac lot

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +4.7/10.0
• Livability +3.6/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Opportunity on Over an Acre in Town! Perfect for first-time homebuyers or investors, this property offers incredible potential with just a little TLC. Situated on over 1 acre within city limits, the home features a spacious side lot ideal for animals, gardening, or future expansion—a rare find in town. Enjoy the convenience of being just minutes from the growing west side of town and nearby new development, offering shopping, dining, and amenities close by. Whether you’re looking to build equity or add to your investment portfolio, this property provides space, location, and opportunity. Sold as-is for cash or conventional financing. Washer, dryer and refrigerator stay with the property.

Key facts

• Future expansion
• Ideal for animals
• Gardening

Tags

• OVER AN ACRE
• SPACIOUS SIDE LOT
• IDEAL FOR ANIMALS
• GARDENING
• FUTURE EXPANSION
• MINUTES FROM SHOPPING

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $193 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $126k (3.2% below list).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.5% in Corsicana — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#283 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D, schools F, crime F.
• Corsicana ISD (town): math 39% / reading 37% proficiency, ranked #471 of 826 in TX (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.5%/yr); 268 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 522 units permitted in Navarro County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Navarro County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 160 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 24y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 77% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 160 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 8.07%
• Cash-on-cash: 6.35%
• DSCR: 1.28
• GRM: 8.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.66×
• Total profit: $-12,509
• Equity at exit: $19,369

10-year hold

• IRR: -4.5%
• Equity multiple: 0.74×
• Total profit: $-9,506
• Equity at exit: $11,231

Cash invested: $36,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75110

• Rents YoY: -1.5%
• Active inventory: 268
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,258 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$66 /mo · $787/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $193

Break-even live

Break-even rent $1,014

Max offer price $129,900

Occupancy floor 80%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4329 W Park Row Blvd #78 Corsicana, TX	3.0	2.0	1100	$1,400	$1.27	44d	1	0.37mi
672 S 42nd St Corsicana, TX	1.0	1.0	651	$1,000	$1.53	1d	1	1.23mi
3222 W 8th Ave Unit 4 Corsicana, TX	2.0	1.0	620	$850	$1.37	25d	1	1.35mi

Listing history 25 events

1. 2026-06-19
   days on market $129,900 Active 160 DOM
2. 2026-06-18
   days on market $129,900 Active 159 DOM
3. 2026-06-17
   days on market $129,900 Active 158 DOM
4. 2026-06-16
   days on market $129,900 Active 157 DOM
5. 2026-06-15
   days on market $129,900 Active 156 DOM
6. 2026-06-14
   days on market $129,900 Active 154 DOM
7. 2026-06-12
   days on market $129,900 Active 153 DOM
8. 2026-06-09
   days on market $129,900 Active 150 DOM
9. 2026-06-08
   days on market $129,900 Active 149 DOM
10. 2026-06-07
    days on market $129,900 Active 148 DOM
11. 2026-06-02
    days on market $129,900 Active 143 DOM
12. 2026-06-01
    days on market $129,900 Active 142 DOM
13. 2026-05-31
    days on market $129,900 Active 141 DOM
14. 2026-05-30
    days on market $129,900 Active 140 DOM
15. 2026-05-07
    price $129,900 719-char remark

    Show marketing remark (719 chars)

    Charming Opportunity on Over an Acre in Town! Perfect for first-time homebuyers or investors, this property offers incredible potential with just a little TLC. Situated on over 1 acre within city limits, the home features a spacious side lot ideal for animals, gardening, or future expansion—a rare find in town. Enjoy the convenience of being just minutes from the growing west side of town and nearby new development, offering shopping, dining, and amenities close by. Whether you’re looking to build equity or add to your investment portfolio, this property provides space, location, and opportunity. Sold as-is for cash or conventional financing. Washer, dryer and refrigerator stay with the property.

16. 2026-05-05
    status Active 719-char remark

    Show marketing remark (719 chars)

    Charming Opportunity on Over an Acre in Town! Perfect for first-time homebuyers or investors, this property offers incredible potential with just a little TLC. Situated on over 1 acre within city limits, the home features a spacious side lot ideal for animals, gardening, or future expansion—a rare find in town. Enjoy the convenience of being just minutes from the growing west side of town and nearby new development, offering shopping, dining, and amenities close by. Whether you’re looking to build equity or add to your investment portfolio, this property provides space, location, and opportunity. Sold as-is for cash or conventional financing. Washer, dryer and refrigerator stay with the property.

17. 2026-04-30
    historical Active Option Contract 719-char remark

    Show marketing remark (719 chars)

    Charming Opportunity on Over an Acre in Town! Perfect for first-time homebuyers or investors, this property offers incredible potential with just a little TLC. Situated on over 1 acre within city limits, the home features a spacious side lot ideal for animals, gardening, or future expansion—a rare find in town. Enjoy the convenience of being just minutes from the growing west side of town and nearby new development, offering shopping, dining, and amenities close by. Whether you’re looking to build equity or add to your investment portfolio, this property provides space, location, and opportunity. Sold as-is for cash or conventional financing. Washer, dryer and refrigerator stay with the property.

18. 2026-02-25
    price $140,000 719-char remark

    Show marketing remark (719 chars)

    Charming Opportunity on Over an Acre in Town! Perfect for first-time homebuyers or investors, this property offers incredible potential with just a little TLC. Situated on over 1 acre within city limits, the home features a spacious side lot ideal for animals, gardening, or future expansion—a rare find in town. Enjoy the convenience of being just minutes from the growing west side of town and nearby new development, offering shopping, dining, and amenities close by. Whether you’re looking to build equity or add to your investment portfolio, this property provides space, location, and opportunity. Sold as-is for cash or conventional financing. Washer, dryer and refrigerator stay with the property.

19. 2026-01-09
    listed $150,000 Active 719-char remark

    Show marketing remark (719 chars)

    Charming Opportunity on Over an Acre in Town! Perfect for first-time homebuyers or investors, this property offers incredible potential with just a little TLC. Situated on over 1 acre within city limits, the home features a spacious side lot ideal for animals, gardening, or future expansion—a rare find in town. Enjoy the convenience of being just minutes from the growing west side of town and nearby new development, offering shopping, dining, and amenities close by. Whether you’re looking to build equity or add to your investment portfolio, this property provides space, location, and opportunity. Sold as-is for cash or conventional financing. Washer, dryer and refrigerator stay with the property.

20. 2002-12-12
    soldstatus
21. 2002-11-07
    historical
22. 2002-11-04
    listed $59,900
23. 1999-04-15
    soldstatus
24. 1998-07-17
    soldstatus
25. 1986-08-01
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $787 · $66/mo
• Projected year-2 tax: $2,377 · $198/mo
• Expected delta: +$1,590/yr (+$132/mo · 201.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 77% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,092
• − Mortgage interest: −$7,276
• − Property taxes: −$787
• − Insurance: −$650
• − Repairs & maintenance: −$1,207
• − Management: −$1,207
• − Depreciation: −$3,779
• Taxable income: $185
• Est. tax owed @ 24.0%: −$44
• After-tax cash flow: $2,267/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Corsicana ISD
• NCES district ID: 4815330
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 37% ▬ 0.00%
• Median HH income: $39,948
• Composite: 31.89/100
• National rank: #5862
• State rank: #471 of 826 in TX

Livability — Corsicana

• Score: 71/100
• State rank: #283
• US rank: #6570

Category grades

Amenities D Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Corsicana, TX
• County: Navarro County · 31,552 people
• City population: 31,552
• Metro: Corsicana, TX
• Population (ZIP): 31,552
• Household income: $57,370
• Rent vs Own: 39.1% rent · 60.9% own
• Severe rent burden: 663.0

Population outlook (Navarro County) Hauer SSP2

• Today (2025): 48,397 people
• By 2030: 48,096 · -0.6%
• By 2040: 47,394 · -2.1%
• By 2050: 46,541 · -3.8%
• By 2075: 44,940 · -7.1%
• By 2100: 42,288 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 41% Hispanic / Latino 37% Two or more races 16% Black 13% Pacific Islander 2% Asian 1%
• Hispanic origin (detail): Mexican 34%
• Common ancestry: Lithuanian 2% Slovak 1% Romanian 1%
• Foreign-born: 17% · Canada
• Languages at home: 68% English-only · Spanish 29% Other Asian/Pacific 2%

Political lean MEDSL · Navarro

• 2024 margin: Solid R (+51.8) · D 23.7% · R 75.6%
• 2008→2024 swing: -18.7pp toward R · 2008: -33.1pp · 2024: -51.8pp
• All cycles: 2024: R+51.8 2020: R+45.5 2016: R+48.8 2012: R+42.4 2008: R+33.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -248.01%
• Current HPI: 224.5566
• Rent YoY: ▼ -1.47%
• Metro: Corsicana, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+116.9% since first listed

11 events — show timeline

• 2026-05-07 Price Changed $129,900 NTREIS
• 2026-05-05 Relisted — NTREIS
• 2026-04-30 Contingent — NTREIS
• 2026-02-25 Price Changed $140,000 NTREIS
• 2026-01-09 Listed $150,000 NTREIS
• 2002-12-12 Sold (Public Records) — Public Records
• 2002-11-07 Listing Removed — NTREIS
• 2002-11-04 Listed $59,900 NTREIS
• 1999-04-15 Sold (Public Records) — Public Records
• 1998-07-17 Sold (Public Records) — Public Records
• 1986-08-01 Sold (Public Records) — Public Records

Property tax history

-1.1%/yr

Latest (2025): $787 · +9.5% YoY. Source: county tax records.