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$525,000

500 W Ennis Avenue, TX, 75119

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,814 Sq Ft
BusinessBusiness
price_per_sqft$137.65 / sqft
Year BuiltBuilt in 1906

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Wood

Exterior

Lot Size18,731 sqft

Building Information

Year Built1906
Roof Type105

Land Information

APN25.2001.203.001.00.903
Lot Number1,2
SubdivisionO T Ennis
Land UseResidential
Legal DescriptionLOT 1-2-3 & PT ALLEY BLK 203 O T ENNIS .43 AC
Census Tract061401
Assessed Land Value$232,562
Assessed Improvement Value$392,438
Assessment Year2025

About this property

This property is zoned multi use so you could live here and have a business. This would make a great bed and breakfast, title co, attorney office, event center, the possibilities are endless. Magnificent Colonial Style home on Ennis Ave. Grand entry leading to the open living areas and formal dining room. There are 8 ft pocket doors that can be closed for more privacy. 6 bedrooms, 6 full baths and 1 half bath. Gourmet kitchen with a double oven, gas cook top and island with ice maker. Large covered front porch with 2 balconies upstairs and a screened in porch downstairs. Side yard has decorative lighting great for entertaining. There is plenty of storage in the basement and walk in attic.

Investor Tools

Property Icon
$625,000
Estimated Property Value
$0Estimated Mortgage Balance
$258,967Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,708
$625,000
2025
$232,562
$392,438
$625,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,708
$625,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Commercial
$412,000
No
First
Aug 14, 2020
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,033
$258,967
41%
59%
$2,471/mo

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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500 W Ennis Avenue | Property Details | No Agent List