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$375,000

5019 Fm 1722, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.52 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Gas Oven, Gas Range, Microwave, Vented Exhaust Fan

Exterior

Lot Size6.54 acres

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN99.0696.000.014.99.103
SubdivisionT B Mays
Land UseResidential
Legal Description696 T B MAYS 6.5426 ACRES
Census Tract061300
Assessed Land Value$190,000
Assessed Improvement Value$159,430
Assessment Year2025

About this property

Cute farm house on over 6 acres minutes from downtown Ennis or Waxahachie - a perfect place to call home! Updated inside and out with spacious views of bluebonnet country and easy access to I-35 and Hwy 287. New concrete walkway leads you to the open front porch perfect for a rocker or two. Dining space adjacent to the kitchen opens to living area for conversational flow. The split bedroom plan provides privacy and functionality. Wood-look vinyl plank throughout. Don’t let the age fool you - this home has been lovingly maintained and recently updated. House recently leveled, all interior walls and trim freshly repainted, brand new electrical panel, new front and back steps and rails, updated exterior vinyl siding and trim, new vinyl panels on carport-patio cover, new primary bath fixtures, new waterline and sub panel for barn, roof new within last year. Large barn and 2 storage sheds not far from the fenced backyard area. No restrictions - make your country living dreams come true!

Investor Tools

Property Icon
$323,000
Estimated Property Value
$343,151Estimated Mortgage Balance
$0Estimated Equity
-6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,911
$315,116
2025
$190,000
$159,430
$349,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,911
$315,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$343,151
Yes
First
Dec 19, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,124
N/A
0%
102%
$2,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,058/mo
$-493/mo
5.8%

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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