About This Home

This 3-bedroom, 2-bathroom single family at 316 Fairmont Avenue in Corsicana, TX is listed for $215,000 ($162 per sqft). Built in 1975, the home offers 1,330 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1975
  • 0.22 acre lot
  • Fireplace

Property Details

1 story
2 full
2-car garage
1975

Amenities

FireplaceA/C
Listing Description

This tenant-occupied Corsicana home offers an appealing opportunity for investors looking to add an established rental property to their portfolio. With 3 bedrooms, 2 full baths, 1,330 square feet, an attached 2-car garage, and no HOA, the property combines a practical floor plan with features that support comfortable everyday living.

Inside, luxury vinyl plank flooring extends through much of the home, while the spacious living area is anchored by a brick wood-burning fireplace and built-in shelving. The adjoining dining space provides plenty of room for meals and gathering. The galley-style kitchen offers generous cabinetry and counter space, granite countertops, a gas cooktop and oven, dishwasher, microwave, refrigerator, and an eat-in breakfast area.

The primary bedroom includes an ensuite bath, while two additional bedrooms and a second full bath provide flexibility for a variety of household needs. A dedicated utility room with full-size washer and dryer connections adds everyday convenience. Central heat and air, ceiling fans, high-speed internet availability, city water and sewer, and natural gas service round out the home's practical features.

Outside, the .217-acre lot includes a fenced private backyard, covered rear porch, storage shed, rain gutters, and additional outdoor space beneath mature shade trees. The attached 2-car garage and driveway provide convenient off-street parking. Currently tenant occupied, this property offers investors the opportunity to purchase a rental home with tenants already in place rather than starting from scratch.

Whether you're building a rental portfolio or looking for your next investment in Corsicana, this one deserves a closer look.

Monthly Cost Estimate

$1,150/mo

20% down · 6.5% · 30 years

Principal$155
Interest$932
Insurance$63

Estimates only. Actual payments may vary.

Location

316 Fairmont Avenue

Corsicana, TX 75110

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesEatInKitchenGraniteCountersHighSpeedInternetCableTvWiredForDataWiredForSound

Exterior Features

LightingPrivateYardRainGuttersStorage

Property Details

Flooring

Vinyl

Construction

Brick

Outdoor Features

Porch

Parking

GarageDrivewayOff Street

Heating

CentralFireplace(s)

Cooling

Central AirCeiling Fan(s)Roof Turbines(s)Electric

Appliances

SomeGasAppliancesDishwasherGasCooktopGasOvenMicrowavePlumbedForGasRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 316 Fairmont Avenue is listed at $215,000 ($162/sqft). The estimated monthly payment is $1,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1975, 0.22 acre lot, Fireplace. Interior Features: DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters. Exterior Features: Lighting, PrivateYard, RainGutters.

This property is listed by Julie Teel.

JT

Julie Teel

Agent at RE/MAX LakeSide Dreams

Listed by RE/MAX LakeSide Dreams · Broker phone: (903) 874-0001 · View on Broker Site · Broker website

MLS# 21376340· Source: North Texas Real Estate Information Systems, Inc.· 2 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 Fairmont Avenue, Corsicana, TX 75110

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