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$399,000

805 Lakeway Dr, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.6 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Wine Cooler
FlooringCarpet, Ceramic Tile, Marble, Tile, Vinyl

Exterior

Lot Size10,934 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN25.5848.003.003.00.103
SubdivisionLakeview Ests
Land UseResidential
Legal DescriptionLAKEVIEW ESTS .251 AC
Census Tract061401
Assessed Land Value$79,200
Assessed Improvement Value$145,800
Assessment Year2025

About this property

Welcome to this tastefully updated 3-bedroom, 2 and half bathroom home with high ceilings. Be the one who benefits from a spacious well-built home in an upscale established area of Ennis, all this while enjoying modern amenities. Enter your home through an inviting covered porch and double mahogany doors to a high ceiling foyer. The kitchen has vaulted ceilings, gas stove, cabinets galore, pantry, eat in breakfast nook, coffee and wine bar, under counter LED lighting and quartz countertops. Off the kitchen you can entertain in your spacious backyard on a 20 x 23 concrete patio that is enclosed by a new privacy fence. There is a room off the foyer with a wood accent wall and beautiful chandelier that can be used as an office or dining room. Gather the family in your large living room with wood burning fireplace that overlooks your backyard - patio. The primary suite offers a spa-like retreat with a luxurious marble walk-in shower, soaking tub, and dual vanities. The additional bedrooms are generously sized with large closets. NEW…. HVAC, Roof, Window glass, kitchen and appliances, counter tops, master bath spa, privacy fence, flooring, paint inside and out, 50-gal water heater, landscaping and much more. The other 2 bedrooms are generous size with large closets and ceiling fans. All this sitting on a .25 ac corner lot.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$295,500Estimated Mortgage Balance
$91,822Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,784
$225,000
2025
$79,200
$145,800
$225,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,784
$225,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$295,500
No
First
Jul 11, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,178
$91,822
23%
76%
$1,772/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,772/mo
+$200/mo
6.2%

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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805 Lakeway Dr | Property Details | No Agent List