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$265,000

1005 E Burnett St, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.01 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile

Exterior

Lot Size7,079 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN25.2721.000.006.00.103
SubdivisionBurnett Gardens Ii
Land UseResidential
Legal Description6 BURNETT GARDENS II PH 2
Census Tract061600
Assessed Land Value$55,000
Assessed Improvement Value$155,560
Assessment Year2025

About this property

THIS HOME QUALIFIES FOR 100% FINANCING AND ITIN HOME LOAN PROGRAM! ASK ABOUT THE 3% ASSUMABLE LOAN subject to approval. Welcome to this beautifully updated, move-in ready 3-bedroom, 2-bath brick home located in Ennis with NO HOA!! Built in 2004, this single-story gem offers 1,392 sq ft of open-concept living, with an ideal split-bedroom layout. Walk into the spacious living room with a cozy wood-burning fireplace, perfect for gatherings or quiet evenings. The kitchen features a center island, ample cabinetry, a bright breakfast nook, and stainless steel appliances—including range, dishwasher and microwave. Generous primary bedroom with ensuite bath, dual walk-in closets for ease. Updates included Modern wood-look ceramic tile flooring throughout, recently painted interior and exterior, and a covered patio overlooking a fully fenced backyard. Oversized laundry room plus additional garage storage enhance daily life. Ideally located near parks, shopping, dining, and quick access to US-287 and I-45 for easy commuting.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$270,697Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,360
$210,560
2025
$55,000
$155,560
$210,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,360
$210,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Va
$270,697
Yes
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,338
N/A
0%
103%
$1,623/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,623/mo
+$349/mo
9.1%

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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1005 E Burnett St | Property Details | No Agent List