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$207,295

NAL Estimated Property Value

3057 Fm 1181, Ennis, TX, 75119

$269,484 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.52 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size1 acre

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces3

Land Information

APN99.1104.000.010.00.103
SubdivisionR B Vest
Land UseResidential
Legal Description1104 R B VEST 1.0000 ACRES
Census Tract061700
Assessed Land Value$13,200
Assessed Improvement Value$194,095
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bathroom home in the country. This property is perfect for those looking to invest in a house with character and potential. While it may need some TLC, it offers an excellent opportunity to create the home of your dreams. Rooms are Spacious and full of natural light, This home boasts numerous storage options, from closets to built-in shelving, making organization a breeze.The living area features beautiful built-in shelves, perfect for showcasing your collectibles or creating a cozy library nook The spacious backyard provides room for expansion or a beautiful garden oasis. Convieniently located near I 45. Don't miss this fantastic opportunity to turn a diamond in the rough into the home of your dreams. Contact us today to schedule a viewing and explore the possibilities. Buyers and Buyers agents to verify all information including taxes, sq ft, schools, etc

Investor Tools

Property Icon
$207,295
Estimated Property Value
$352,343Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$269,484
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,244 /month
Positive
Cash Flow Estimate:
$415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,014
$207,295
2025
$13,200
$194,095
$207,295
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,014
$207,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ennis State Bank
Building Or Construction Loan
$256,500
No
First
Sep 26, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,343
N/A
0%
170%
$2,138/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,138/mo
$-166/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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3057 Fm 1181 | Property Details | No Agent List