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$356,229

NAL Estimated Property Value

1002 Lakeway Dr, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,011 Sq Ft
price_per_sqft$188.71 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCombination

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size10,280 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces1

Land Information

APN25.5851.002.006.00.103
Lot Number6
SubdivisionLakeview Ests Sect 5
Land UseResidential
Legal DescriptionLOT 6 BLK 2 LAKEVIEW ESTS SECT 5 .236 AC
Census Tract061401
Assessed Land Value$72,000
Assessed Improvement Value$307,286
Assessment Year2025

About this property

Welcome to your dream home in a highly desirable neighborhood! This charming 3-bedroom, 2-bathroom with a bonus room easily converted to 4th bedroom! Residence boasts an updated kitchen featuring beautiful cabinets and luxurious granite countertops, perfect for culinary enthusiasts and family gatherings alike. The spacious living area flows seamlessly into the kitchen, creating an inviting atmosphere for entertaining or relaxing with loved ones. You'll appreciate the fresh, new carpet in the secondary bedrooms, providing a cozy retreat for family members or guests. A built-in desk nook adds convenience for your home office needs or study area. Step outside to enjoy your own private oasis with a sparkling pool, perfect for those warm summer days or evening swims. This home is ideally located within walking distance to Lake Clark, offering ample opportunities for outdoor activities and scenic strolls. In addition to its fantastic features, this property is conveniently situated close to all shopping and dining options in Ennis, with the charm of Waxahachie just 10 minutes away. Don't miss your chance to own this wonderful home in a prime location! Schedule your showing today!

Investor Tools

Property Icon
$356,229
Estimated Property Value
$287,887Estimated Mortgage Balance
$68,342Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,277 /month
Positive
Cash Flow Estimate:
$759 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$356,229
2025
$72,000
$307,286
$379,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$356,229

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$294,400
No
First
Feb 21, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,887
$68,342
19%
81%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,766/mo
+$206/mo
6.6%

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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