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$250,000

NAL Estimated Property Value

1102 N Gaines St, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.77 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size9,670 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN25.7494.000.004.00.103
Lot Number4
SubdivisionPreston Heights Addn
Land UseResidential
Legal DescriptionLOT 4 PRESTON HEIGHTS ADDN 0.222 AC
Census Tract061402
Assessed Land Value$65,000
Assessed Improvement Value$171,553
Assessment Year2025

About this property

!!Sales price has recently been adjusted and ready for it's new owner!! From the moment you arrive, this cozy home welcomes you in with a charming front porch - the perfect spot for slow mornings with coffee or quiet evenings at sunset. Inside, natural light fills the space, highlighting a bright kitchen with granite countertops and stainless appliances. Thoughtfully designed for flexibility, the home was originally built as a 3 bedroom but currently functions as a spacious 2-bedroom with each room having an ensuite bathroom with an additional flex space. For any buyers that need 3 bedrooms, the owner is willing to convert back to 3 bed with an acceptable offer. The flex space can be easily become a home office, storage closet or any other creative space to fit your needs. The primary suite is a peaceful escape, featuring a spacious walk-in shower, and its own private door leading directly to the large backyard. The kitchen also offers a second door to the backyard, creating easy indoor-outdoor flow - perfect for entertaining, letting pets out, or stepping outside to enjoy the fresh air. Out back, you'll find a space designed for both relaxation and connection - a pet friendly iron fence enclosure, plus an extended sidewalk that leads to additional patio areas ready for gatherings, celebrations or simply enjoying time outside. Warm, inviting, and thoughtfully designed, this home offers the perfect blend of comfort, function and everyday charm.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$127,035Estimated Mortgage Balance
$122,965Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,218
$228,911
2025
$65,000
$171,553
$236,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,218
$228,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$141,000
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,035
$122,965
49%
51%
$846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$846/mo
+$1,726/mo
12.3%

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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1102 N Gaines St | Property Details | No Agent List