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$1,700,000

966 Sugar Ridge Road, Ennis, TX, 75119

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,920 Sq Ft
FarmFarm
price_per_sqft$582.19 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size89.55 acres

Building Information

Year Built2003
Stories1
Garage Spaces5

Land Information

APN99.0003.906.019.00.110
SubdivisionR-Pena
Land UseResidential
Legal Description3 19 R PENA Q-F 89.552 ACRES
Census Tract060105
Assessed Land Value$25,248
Assessed Improvement Value$645,344
Assessment Year2025

About this property

Incredible views on this 89 acre ranch with 2 beautiful homes and a separate apartment located on the Bluebonnet Trails of TX approximately 40 min from Dallas.The main house was built in 2003 and has 3 bed, 3 bath, 2 car garage.Open living to the kitchen and dining area.Huge back patio with an outdoor kitchen and a wonderful view of the hot tub with a 6 ft water fall into the large diving pool. The second home was built in 2008 and has 3 bed,2 bath with a mud room area that has a shower.The barn near the second home has a 1 bedroom apartment with a handicap accessible shower.There are 7 ponds, 2 barns, a hay barn,5 horse pens each about 5 acres.Invisible fencing around each home. No developers allowed.

Investor Tools

Property Icon
$1,492,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,492,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,777
$670,592
2025
$25,248
$645,344
$1,828,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,777
$670,592

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,492,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
2.1%

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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966 Sugar Ridge Road | Property Details | No Agent List