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$975,000

1019 Fm 85, Ennis, TX, 75119

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.61 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Warming Drawer
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size20.02 acres

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0602.000.017.00.103
SubdivisionG A Kincaid
Land UseResidential
Legal Description602 G A KINCAID 20.0200 ACRES
Census Tract061700
Assessment Year2025

About this property

Experience True Country Living Just Minutes from Town! Welcome to your private slice of paradise—just 4.5 miles from downtown Ennis, TX! Nestled on 20 sprawling acres outside the city limits, this beautifully crafted 4-bedroom, 3-bathroom home offers the perfect blend of rustic charm and modern comfort. Step onto the expansive 10-foot-wide front and back porches, accented with bold cedar posts and surrounded by extensive concrete—ideal for relaxing evenings or hosting family gatherings. The giant swimming pool invites you to unwind in the Texas sun while taking in the serene countryside views. Inside, you'll find rich hardwood floors, tile in all the right places, and custom trim throughout. The chef’s kitchen is a true standout, boasting handcrafted hardwood cabinets and a large walk-in pantry. The spacious living area features a gas-start wood-burning fireplace, perfect for cozy nights in. Retreat to the luxurious primary suite offering dual sinks, a jetted tub, separate shower, and plenty of space to recharge. Two propane-powered tankless water heaters ensure you’ll never run out of hot water—no matter how big the crowd. Outside, a versatile metal barn awaits, complete with a dedicated storage area and a fully finished-out office or guest suite with its own full bath—ideal for remote work, guests, or multigenerational living. At the back of the property, a peaceful tank runs along the property line—ideal for cattle, horses, or simply watching the wildlife from your back porch. This one-of-a-kind country estate combines peaceful rural living with the convenience of being just minutes from town. Come see why this home is the total package!

Investor Tools

Property Icon
$922,000
Estimated Property Value
$950,000Estimated Mortgage Balance
$0Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,983
$802,084
2025
N/A
N/A
$896,646
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,983
$802,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Home Loans Llc
Va
$950,000
Yes
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$938,922
N/A
0%
102%
$5,696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$5,696/mo
$-3,124/mo
3.3%

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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