402 S Gaines Street

Ennis, Texas 75119

  • 2 Bed(s)
  • 2 Bath(s)
  • 0 Sqft
  • 0.13
    Acre(Lot)
$190,000

Description

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.

  • Property Type

    Residential Income

  • Subdivision

    O T Ennis

  • County

    Ellis

  • Style

    Residential Income

  • AD ID

    47483897

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2
    • Half Baths: 0

    Interior Features

    • Other

    Appliances

    • Electric Range

    Utilities

    • City Sewer,City Water

    Cooling Features

    • Electric

    Heating Source

    • Electric

    Fireplace

    • Number of Fireplaces: 0

  • Building Information

    • Built Year: 1983
    • Building Area Total: 1,104
    • Construction: Brick
    • Roof Type: Composition

    Foundation

    • Slab

    Construction Materials

    • Brick

  • Lot Information

    • Lot Size (Acr): 0.1300
    • Lot Size Units: Acres
    • Lot Size Square Feet: 5662.8000
    • Lot Size Source: Public Records
    • Lot Features: Corner Lot

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Duplex
    • Subdivision: O T Ennis
    • City: Ennis
    • State: Texas
    • Directions: From Ennish High School go east on Lake Bardwell Drive; Left on Clay; Right on Waco to Gaines
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $190,000

    Listing Information

    • Possession: Closing/Funding,Lease Outstanding

  • Tax Information

    • Parcel Number: 158520
    • Tax Block: 199
    • Tax Legal Description: LOT 5 BLK 199 O T ENNIS .132 AC
    • Tax Lot: 5
    • Unexempt Taxes: $3,112

  • Parking Information

    • Garage Space: 0
    • Parking: 4
    • Parking Features: Driveway

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Bowie
    • High School: Ennis
    • Junior High School: Ennis
    • School District: Ennis ISD

    Utility Information

    • Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2022. All rights reserved

BuyOwner last updated this listing 12/31/2024 @ 00:05

  • MLS: 446100672
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 2 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Ennis , in zip code 75119, this Ellis County Home , it is in the O T Ennis Subdivision, and are nearby neighborhoods.