25444 US Highway 59 N Active Save Request In-Person Tour Request Virtual Tour
Corrigan,TX 75939
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