




$375,000
506 W Baylor Street, Ennis, TX, 75119
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About this property
**Call & ask how you can lower your payments for the first year.** Excellent investment opportunity in the heart of Ennis! This income-producing duplex at 506 W Baylor Street features two well-maintained units with reliable long-term tenants already in place. Each unit offers its own private entrance, private backyard space, and dedicated garage parking, providing added privacy and convenience for tenants. The downstairs unit features 1 bedroom, 1 bathroom, a full kitchen, and in-unit laundry. The upstairs unit offers 2 bedrooms, a full kitchen, in-unit laundry, and an additional third-floor bonus space perfect for a third bedroom, office, or extra storage. Both tenants consistently pay on time and take exceptional care of the property, making this a truly turnkey investment opportunity. Current lease terms extend through June 2026 for the downstairs unit and May 2027 for the upstairs unit, creating immediate and stable rental income for the next owner. Conveniently located near downtown Ennis shopping, dining, and local amenities, this property is an excellent addition to any investment portfolio.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Ennis
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