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$356,688

NAL Estimated Property Value

1506 Golden Spike Dr, Ennis, TX, 75119

$376,651 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,677 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.27 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size12,471 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN25.7535.901.022.00.103
Lot Number22
SubdivisionPromontory Point North
Land UseResidential
Legal DescriptionLOT 22 BLK A PROMONTORY POINT NORTH .2863 AC
Census Tract061600
Assessed Land Value$72,000
Assessed Improvement Value$284,688
Assessment Year2025

About this property

Welcome to 1506 Golden Spike! This property features 4 bedrooms, 2 full baths, two living areas and a office. The two living areas and kitchen is perfect for holiday gatherings. Enjoy some out door grilling in your large backyard. This home is an entertainers dream! Quick access to I45, local restaurants and grocery stores. Located only 35 miles from Dallas. Property qualifies for Zero Down program. Ask me how!

Investor Tools

Property Icon
$356,688
Estimated Property Value
$311,846Estimated Mortgage Balance
$44,842Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$376,650
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,140 /month
Positive
Cash Flow Estimate:
$713 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,025
$356,688
2025
$72,000
$284,688
$356,688
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,025
$356,688

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$330,000
No
First
May 12, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,846
$44,842
12%
87%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,979/mo
+$593/mo
8.7%

City: Ennis

1506 Golden Spike Dr | Property Details | No Agent List