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$299,000

408 W Tyler St, Ennis, TX, 75119

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.26 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size19,254 sqft

Building Information

Year Built1956
Stories2
Roof Type105
Garage Spaces2

Land Information

APN25.2002.162.906.00.103
SubdivisionEnnis-Dvv
Land UseResidential
Legal DescriptionW142 X 135 TR FF 16-2 ENNIS-DIV 0.442 ACRES
Census Tract061402
Assessed Land Value$75,000
Assessed Improvement Value$297,699
Assessment Year2025

About this property

Colonial style home located on a corner lot in Historic Downtown Ennis. Just a short distance to downtown shops and dining. Home has original hardwood floors and oversized bedrooms. Primary suite is located on the first floor and features a large fireplace, cedar lined closet, built in desk, and direct access to the backyard. Secondary bedrooms, storeroom, and a full bath are located upstairs. One of the bedrooms features a balcony. The kitchen has ample storage space. Large living room with fireplace. Dining room and a breakfast room. Wood fenced backyard with a detached 300+ square foot studio apartment that features its own electric meter. Great for a guest house or rental. Two car garage plus a carport for parking. Easy access to I45 or Hwy 287. Schedule your tour today.

Investor Tools

$348,587Estimated Mortgage Balance
$25,294Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,236 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,710
$372,699
2025
$75,000
$297,699
$372,699
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,710
$372,699

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$367,000
Yes
First
Aug 2, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,587
$24,112
6%
94%
$2,201/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,201/mo
+$371/mo
8.3%

Learn About the Market: Opportunity in Texas

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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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