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$275,000

1001 W Milam St, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.84 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size5,009 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN25.3269.001.020.00.103
Lot Number20
SubdivisionDavis Ennis
Land UseResidential
Legal DescriptionLOT 20 BLK 1 DAVIS ENNIS 0.115 AC
Census Tract061500
Assessed Land Value$55,000
Assessed Improvement Value$210,516
Assessment Year2025

About this property

Outstanding brick home. Attractive 64 sq. ft. ceramic tile porch and 144 sq. ft. big back yard patio. Interior is thoughtfully laid out to maximize space with a warm open living room, leading into an ample dining area. Granite countertops grace an island and kitchen. Large custom cabinets in kitchen with an added pantry for storage. Crown molding throughout the area gives a beautiful finishing touch. French doors provide light and beauty to the whole area. You will love this house and the city of Ennis with an easy commute to Dallas.

Investor Tools

Property Icon
$273,000
Estimated Property Value
$270,018Estimated Mortgage Balance
$17,836Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,854
$265,516
2025
$55,000
$210,516
$265,516
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,854
$265,516

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$270,018
Yes
First
May 8, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,164
$17,836
6%
93%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,619/mo
+$353/mo
8.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Ennis

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1001 W Milam St | Property Details | No Agent List