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$215,000

409 S Paris St, Ennis, TX, 75119

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.88 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringHardwood, Laminate

Exterior

Lot Size6,490 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN25.2001.186.004.02.103
Lot NumberS65
SubdivisionO T Ennis
Land UseResidential
Legal DescriptionLOT S65 - 4-5 BLK 186 O T ENNIS 0.149 AC
Census Tract061600
Assessed Land Value$55,000
Assessed Improvement Value$121,225
Assessment Year2025

About this property

This beautifully maintained cottage-style home is full of personality and space, just minutes from downtown Ennis. Inside, you'll find gorgeous hardwood floors, abundant natural light, and two spacious living areas—perfect for relaxing, entertaining, or even converting one into an additional bedroom if desired. The kitchen is full of charm, featuring shiplap accents, decorative stained beadboard ceilings, and built-in storage that makes daily living both functional and stylish. Step outside to enjoy morning coffee or quiet evenings on the welcoming covered front porch, or enjoy the privacy of a beautifully fenced backyard. With a newer roof, thoughtful details throughout, and a location close to local shops and restaurants, this home offers both comfort and convenience. Whether you're looking for a first home, a place to downsize without sacrificing space, or a charming retreat near the heart of Ennis—you won't want to miss this one.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$181,200Estimated Mortgage Balance
$40,913Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,547
$176,225
2025
$55,000
$121,225
$176,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,547
$176,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$181,200
No
First
Sep 2, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,087
$40,913
18%
81%
$1,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,087/mo
+$885/mo
10.8%

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.

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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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409 S Paris St | Property Details | No Agent List