25444 Us Highway 59, Corrigan, Texas

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.

Directions: 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.