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$227,126

NAL Estimated Property Value

501 W Milam St, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.39 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Laminate

Exterior

Lot Size5,750 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN25.2001.199.010.00.103
Lot Number10
SubdivisionO T Ennis
Land UseResidential
Legal DescriptionLOT 10 BLK 199 O T ENNIS .132 AC
Census Tract061500
Assessed Land Value$60,500
Assessed Improvement Value$166,626
Assessment Year2025

About this property

Beautiful newly renovated home with stunning curb appeal located within walking distance to Timothy Gauna Park and all the amenities that Downtown Ennis has to offer! A charming Cedar lined front porch welcomes you inside into a modern open floorplan complete with crown molding & gorgeous custom finishes. The kitchen features granite counters, a breakfast bar, Shaker style soft closing cabinetry & new stainless-steel appliances including a gas stove! Plenty of recent updates including new paint inside and out, new flooring throughout, new exterior smart siding, updated bathrooms with granite counters & undermount sinks, new fence, recessed lighting, new windows, new electric panel, new ductwork, insulation and a new HVAC System (2023) along with a New Roof (2023) and too many more upgrades to list! This home sits on a corner lot with plenty of space for parking & storage and has a large backyard perfect for entertaining! No HOA, Move in ready, come tour this one today!

Investor Tools

Property Icon
$227,126
Estimated Property Value
$227,495Estimated 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
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,502
$227,126
2025
$60,500
$166,626
$227,126
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,502
$227,126

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Cu
Conventional
$241,153
No
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,495
N/A
0%
100%
$1,446/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,446/mo
+$526/mo
10.4%

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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501 W Milam St | Property Details | No Agent List