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$139,000
Est. payment /mo
4 Beds
2 Baths
3,200 SqFt
UPDATED:
01/02/2025 11:10 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $43
Subdivision Smith-Rev
MLS Listing ID 20806797
Bedrooms 4
Full Baths 2
HOA Y/N None
Year Built 1950
Annual Tax Amount $4,458
Lot Size 7,753 Sqft
Acres 0.178
Property Description
Calling all Builders, Landlords, and Flippers, if you're looking for an excellent opportunity for a Great Deal, check out this rare property in the peaceful community of Ennis! This huge Two-Story property could be a remarkable income-producing property! According to the Special NC Zoning Code, this property could Multi Family with four or more doors, a Duplex, a Group Home, a Bed and Breakfast, a Religious Assembly, and a number of other Special uses! Once the pride of the neighborhood, the property featured an upstairs living area and a Retail Store and Cleaners downstairs. The next-door adjoining lot comes with the sale and has been used for parking! This property has outstanding potential and is an excellent project for Seasoned Investors! The After Repaired Value is $375,000 to $400,000, depending on your buyer's quality of work! The Rehab costs are $70,000 to $80,000, depending on who does the job! The Rental Income could be as much as $6,000 a month, depending on your Buyer's design plans! This property is near the historic Downtown Ennis, has great restaurants, and has all the major freeways! Send your Buyer by to see this one before it gets away! Selling AS IS! The Offer Deadline Date is Tuesday, January 7th, at 7 pm! No Blind offers will be accepted. The survey and Zoning Brief Report have been uploaded!
Location
State TX
County Ellis
Direction See GPS
Rooms
Dining Room 1
Interior
Interior Features Other
Appliance None
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Story Two
Level or Stories Two
Schools
Elementary Schools Austin
High Schools Ennis
School District Ennis Isd
Others
Ownership PC Peak Development, LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Paul Lewis • Texas Investors Realty