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$150,000

308 Creechville Rd, Ennis, TX, 75119

$195,000 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,220 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2024

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size24,742 sqft

Building Information

Year Built2024
Stories1

Land Information

APN25.2840.003.027.01.903
Lot Number32R
SubdivisionCaldwell Southside Addn
Land UseCommercial
Legal DescriptionLOT 32R BLK 3 CALDWELL SOUTHSIDE ADDN 0.5680 AC
Census Tract061600
Assessed Land Value$275,701
Assessed Improvement Value$261,178
Assessment Year2025

About this property

Great location in the growing Ennis area. Close to I-45, the downtown Ennis area, which is developing new businesses and housing. The zoning is Corridor Commercial. There are numerous uses for this property under this zoning, including auto parts sales, civic and cultural facilities, recreation and entertainment uses, retail stores, and many more. Use chart will be in Transaction Desk, but please, contact the city for specific uses. This corner lot leads down Creechville to I-45, and to Buccee's.

Investor Tools

Property Icon
$489,178
Estimated Property Value
$990,040Estimated Mortgage Balance
$0Estimated Equity
-102% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,935 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,091
$489,178
2025
$275,701
$261,178
$536,879
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,091
$489,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Building Or Construction Loan
$990,040
No
First
Mar 28, 2024
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$951,365
N/A
0%
194%
$5,936/mo

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.

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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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308 Creechville Rd | Property Details | No Agent List