Active
402 S Gaines Street
Ennis TX, 75119
$190,000
$172.10 per sqft
Active
2 Beds
2 Baths
1,104 sqft
Multi-family
Built in 1983
ATTENTION INVESTORS! Brick duplex with long-term tenants on oversized corner lot. Ennis is a thriving family community with local festival, parades, dances, etc. Home of the renowned Bluebonnet Festival, the Autumn Daze festival with its hay maze and pumpkin patch, Ennis is experiencing exponential growth so this is an excellent opportunity to purchase in a growing community. Each unit has a spacious bedroom with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Current leases expire in March 2025. The tenants would be interested in staying, or someone could live in one side and rent out the other side. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month.
20765208
MLSⓇ ID
November 7, 2024
Updated
Map
402 S Gaines Street
Ennis TX, 75119
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Other
Appliances
Electric Range
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Corner Lot
Roof
Composition
Sewer
Public Sewer
School Information
School District
Ennis ISD
High School
Ennis
Elementary School
Bowie
Other Property Details
Taxes
$3,112
Tax Frequency
Annually
Days on Market
7
Garage
No
Parking
Driveway
Parking Total
4
View
No
County
Ellis
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
11/7/2024 | Price change | $190,000 -5% |
Listed by Pam Smith with LPT Realty LLC
Listing Contact: 877-366-2213
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 11/7/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/7/2024 at 3:11 AM UTC