Homes for sale - 25444 US Highway 59 N, Corrigan, TX 75939

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Ruby Miranda

thequeen@realtorruby.com +1(832) 482-2726

$ 1,950,000

Est. payment -/mo

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25444 US Highway 59 N Corrigan, TX 75939

105.48 Acres Lot

UPDATED:

07/29/2024 08:32 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision 10458-Abst 458 A Newman Survey

MLS Listing ID 15685864

Annual Tax Amount $168

Tax Year 2023

Lot Size 105.480 Acres

Acres 105.48

Property Description

This 105.48-acre lot, once owned by the Buffalo Bayou, Brazos and Colorado Railroad Company (BBB&CRR), a pioneer railroad in Texas completed in 1853, is rich in historical significance and was the first operating railroad in Texas, heading the states railroad age. This land is now poised for its next chapter. Currently, it offers agricultural exemptions, city water, electricity, and extensive Highway 59 N frontage, increasing development and farming potential with traffic from Houston to Lufkin. The property features Bahia Hay, access to Piney Creek, ponds, a single family home, and a large metal barn. This unique blend of historical legacy and modern prospects makes it an exceptional opportunity for those looking to invest in a property with both a rich past and a promising future. This opportunity is ideal for a 1031 exchange (tax shelter), commercial or residential development and falls under the Texas Opportunity Zone.

Location

State TX

County Polk

Area Polk County North

Building

Lot Description Other

Lot Size Range 50 or more Acres

Sewer No Sewer

Water Public Water, Well

Schools

Elementary Schools Corrigan-Camden Primary/Elementary School

Middle Schools Corrigan-Camden Junior High School

High Schools Corrigan-Camden High School

School District 238 - Corrigan-Camden

Others

Senior Community No

Restrictions No Restrictions

Tax ID 10458-0015-00

Acceptable Financing Cash Sale, Conventional, USDA Loan

Tax Rate 1.5193

Disclosures No Disclosures

Listing Terms Cash Sale, Conventional, USDA Loan

Financing Cash Sale,Conventional,USDA Loan

Special Listing Condition No Disclosures

Houston Association of Realtors (HAR MLS)

Listed by Beycome Brokerage Realty, LLC • Steven Koleno

Ruby Miranda

The Queen / Team Leader / Realtor® | License ID: 548301

+1(832) 482-2726

Ruby Miranda

25444 US Highway 59 N Corrigan, TX 75939

Key Details

Location

Building

Schools

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25444 US Highway 59 N