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Owner Contacts

$379,000

NAL Estimated Property Value

3835 Fm 1181, Ennis, TX, 75119

Off Market

3 Beds

1 Bath

1,438 Sq Ft

$312.24 / sqft

Built in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop

FlooringConcrete

Exterior

Lot Size11.60 acres

Building Information

Year Built2019

Stories2

Roof Type112

Land Information

APN99.0866.000.045.00.103

SubdivisionJ W Perkins

Land UseResidential

Legal Description866 J W PERKINS 11.6025 ACRES

Census Tract061700

Assessed Land Value$21,549

Assessed Improvement Value$218,732

Assessment Year2025

About this property

Welcome to minimalist lifestyle, with STYLE! Come see this amazing and modern home with an accompanying 11 plus acres of beautiful pasture land. The home itself features an open living and dining area offset from kitchen for a connected gathering & socializing area. Kitchen offers quartz counter tops and ample drawer and cabinet space. There are three bedrooms, in addition to a dedicated library room. Two of the bedrooms have ladders that lead to the loft area, maximizing the space. Ladder access to the loft space is perfect for children, while adults entertain below! The multi-functional bathroom includes laundry area with modern aesthetic that is conveniently accessible. Enjoy your own slice of Heaven in this unique and forward thinking small home. Expansion plans available as well! The outdoor sitting area and 20x40 workshop are included. Live small now and grow with the home! This outstanding property needs only the lucky new owners to continue to dream! Schedule your tour today!

Investor Tools

$379,000

Estimated Property Value

$457,328Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,694 /month

Positive

Cash Flow Estimate:

$898 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$708/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,596

$240,281

2025

$21,549

$218,732

$453,683

Tax History

Year

Tax Paid

Assessed Value

2024

$6,596

$240,281

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Plaza Home Mortgage Inc

Fha

$456,577

Yes

First

Jul 24, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$457,328

N/A

121%

$2,836/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,836/mo

$-864/mo

6.2%

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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