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$310,000

536 Lakeshore Drive, Ennis, TX, 75119

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.13 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size14,505 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN25.7510.004.002.00.103
Lot Number2
SubdivisionPreston Hills
Land UseResidential
Legal DescriptionLOT 2 BLK 4 PRESTON HILLS .333 AC
Census Tract061402
Assessed Land Value$65,000
Assessed Improvement Value$153,584
Assessment Year2025

About this property

A rare opportunity to own a Lake home where your backyard becomes your getaway ideal for building a pier and enjoying fishing, paddleboarding, or simply unwinding by the water. Completely Remodeled Lakeside Retreat on Old City Lake! This beautifully updated 3 bedroom, 2 bath and 2 car garage home offers stunning water views and a bright, open-concept layout in a well-established Ennis neighborhood. Featuring luxury vinyl plank flooring throughout, fresh interior and exterior paint, new windows, a new HVAC system, and fully renovated kitchen and bathrooms, this home is truly move-in ready. Enjoy cooking in the gourmet kitchen overlooking the lake, complete with white cabinetry, granite countertops, stainless steel appliances, and a classic subway tile backsplash. The modern, expansive living area seamlessly connects to the kitchen and formal dining room, all with panoramic lake views. The spacious primary suite, located at the rear of the home for added privacy offers tranquil water views, a large walk-in closet, granite vanity, and a custom walk-in shower. Step outside to a large backyard with direct access to a private peninsula perfect for fishing, entertaining, or simply relaxing by the water. Located just minutes from the Goodwin Walking Trail and the 35.5-acre Rotary Park featuring a splash pad, event pavilions, a new playground, beach volleyball courts, and an outdoor National Fitness Court. This home is also conveniently close to downtown Ennis, where you’ll find shopping, dining, and year-round community events. Just 35 miles south of Dallas with easy access to I-45, it offers the perfect blend of small town charm and big city convenience. This thoughtfully remodeled lakeside home combines modern comfort with natural beauty. Waterfront setting with scenic views and room to create your own lakeside retreat perfect for boating and fishing activities. Schedule your showing today!

Investor Tools

$67,534Estimated Mortgage Balance
$239,466Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Emily Ji

Mersal Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,110
$218,584
2025
$65,000
$153,584
$218,584
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,110
$218,584

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dirk M Crawford
Seller Carryback / Seller Financing / Seller Take-Back
$79,000
No
First
Mar 26, 2019
Apr 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,534
$239,466
78%
22%
$474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$474/mo
+$1,498/mo
7.7%

City: Ennis

536 Lakeshore Drive | Property Details | No Agent List