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$335,000

4940 Oak Grove Road, Ennis, TX, 75119

$435,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.83 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size2.61 acres

Building Information

Year Built2005
Stories1
Roof Type114
Garage Spaces2

Land Information

APN99.0668.000.031.00.103
SubdivisionG M Mc Kinstry
Land UseResidential
Legal Description668 G M MC KINSTRY, 2.6090 ACRES
Census Tract061300
Assessed Land Value$126,000
Assessed Improvement Value$339,333
Assessment Year2025

About this property

Beautiful home on 2.6 acres. Large living room with brick fireplace and wood floors, galley kitchen with an island, gas oven and cooktop with a walk in pantry. 4 bedrooms, 2 and half baths, the master suite has a fireplace and a large jetted tub, separate shower and separate walk in closets. There is an unfinished bonus room upstairs. Concrete drive around the house to the 2 car garage. Backyard is partially fenced with a separate area for pets. Covered back patio.

Investor Tools

Property Icon
$512,000
Estimated Property Value
$0Estimated Mortgage Balance
$313,191Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$435,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,072 /month
Positive
Cash Flow Estimate:
$1,024 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$791/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,936
$465,333
2025
$126,000
$339,333
$465,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,936
$465,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Accessbank Texas
Conventional
$230,000
No
First
Jul 22, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,809
$313,191
61%
39%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,379/mo
+$593/mo
4.6%

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.

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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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4940 Oak Grove Road | Property Details | No Agent List