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$564,285

NAL Estimated Property Value

1204 Lakeridge Dr, Ennis, TX, 75119

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,312 Sq Ft
price_per_sqft$161.84 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard, Outdoor Grill
Lot Size25,439 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN25.5844.001.009.00.103
SubdivisionLakeridge Ests#1
Land UseResidential
Legal DescriptionLAKERIDGE ESTS#1 .584 AC
Census Tract061401
Assessed Land Value$93,500
Assessed Improvement Value$477,486
Assessment Year2025

About this property

$0 Down Financing! Welcome to this stunning 4-bedroom, 2.5-bathroom residence in the desirable Lakeridge Estates community of Ennis. Spanning 3,312 square feet on a spacious 0.584-acre lot, this home features an inviting traditional style with modern comforts. Step inside to find an open layout with plush carpet, ceramic tile, and elegant wood flooring. The living room boasts a cozy fireplace and built-in cabinetry, creating a warm atmosphere. The chef’s kitchen delights with built-in cabinets, granite countertops, a kitchen island, and a charming eat-in area, perfect for family meals or entertaining. The primary suite includes a luxurious ensuite bath, while three additional bedrooms offer ample space for family, guests, or a home office. Enjoy the outdoors on the covered patio, ideal for barbecues and relaxation, with a fenced yard ensuring privacy and a few majestic trees. This property features a convenient circular driveway and a spacious attached garage. Situated within the Ennis ISD, with schools including Bowie Elementary and Ennis High School, this home offers a perfect blend of comfort and convenience. With zero down financing available through our in-house lender on all MTX Realty listings, don’t miss out on this incredible opportunity. Call the listing agent today for more details and to schedule your private showing!

Investor Tools

Property Icon
$564,285
Estimated Property Value
$0Estimated Mortgage Balance
$564,285Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,386 /month
Positive
Cash Flow Estimate:
$1,129 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,372
$564,285
2025
$93,500
$477,486
$570,986
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,372
$564,285

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$564,285
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
5.5%

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
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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1204 Lakeridge Dr | Property Details | No Agent List