The Portfolio is located in Corsicana, Texas, county seat of Navarro County about 50 miles SE of Dallas along IH-45. Corsicana has done a great job of expanding industry and employment and has a severe housing shortage per a 2017 city housing study that has not been fulfilled. The properties are part of a 280-acre master planned development in West Corsicana with commercial sites, an apartment site, and single family land/lots. The houses were built in 2023 and leasing starting during construction. All are one story, 3/2/2 floor plans with 1401-1500 SF of living area and good features. The houses are stabilized with a pro-forma cap rate of 6.6% and a GRM of 109, with pricing at $235K per house on 17 houses. Given construction costs are already rising, and will go up more if Tariffs kick in, this is an investors last chance to buy at affordable prices.