$1,950,000
105.48 Acre Lot

25444 Us Highway 59 N, Corrigan, Texas 75939

  • Land Property Type
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.

Basic Details
Land
For Sale
15685864
$1,950,000
105.48 Acre
Active
$0
Features
: None
: Electricity Available
$0
Address Map
TX
Polk
Corrigan
75939
US Highway 59
25444
W95° 10' 38.9''
N31° 2' 44.6''
Head north on S Home St toward E Front St (this is also known as Business US-59).Turn right onto US-59 N (if you're already on US-59, continue north).Continue on US-59 N for approximately 4.5 miles. 25444 US Hwy 59 N will be on your right.The drive is straightforward and should take about 5-10 minutes depending on traffic coming from the city of Corrigan.
44
N
Neighborhood
CORRIGAN-CAMDEN PRIMARY/ELEMENTARY SCHOOL
238 - Corrigan-Camden
CORRIGAN-CAMDEN HIGH SCHOOL
238 - Corrigan-Camden
238 - Corrigan-Camden
CORRIGAN-CAMDEN JUNIOR HIGH SCHOOL
MLS Addon
Beycome Brokerage Realty, LLC
Steven Koleno
$0
$0
$0
$0
$0
Additional Information
: Other
2024-05-29
Other
2200000
: Public, Well
Financial
168.0
Listing Information
skoleno
BEYC01
Cash,Conventional,USDA Loan
Active
2024-10-01T00:14:40Z
HAR
2024-05-29T19:04:44Z
Agent info
Speer Companies LLC
Contact Agent