Homes for sale - 206 S Gaines Street, Ennis, TX 75119

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Marissa Fontanez

[email protected] +1(214) 789-9187

$125,500

Est. payment - /mo

4 Beds

3 Baths

2,924 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,924 sqft

Price per Sqft $42

Subdivision O T Ennis

MLS Listing ID 20938645

Style Traditional

Bedrooms 4

Full Baths 3

HOA Y/N None

Year Built 1940

Annual Tax Amount $5,803

Lot Size 0.396 Acres

Acres 0.396

Property Sub-Type Single Family Residence

Property Description

Investor Special – Major Rehab Opportunity, 2,995 Sq Ft
Attention seasoned investors and experienced rehabbers – this is the project you've been waiting for. This 2,995 sq ft home is a full-scale renovation opportunity with significant potential for those ready to take on a serious challenge.
The property is in major disrepair and requires comprehensive structural and systems work. The roof needs to be completely replaced, the foundation shows signs of instability and will need extensive repairs, and the city has turned off the water due to a significant leak, meaning a full plumbing replacement is required. Inside, there are multiple ceiling leaks and visible water damage. Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.
This property is suited for professionals with experience in foundation work, roofing, plumbing, and full-scale renovations.
Located in a neighborhood with strong comps and redevelopment activity, this home offers the right buyer the chance to bring a distressed property back to life and capture substantial value on the back end. No utilities active.

Location

State TX

County Ellis

Direction Take downtown Main St. to South Gaines St.

Rooms

Dining Room 1

Interior

Interior Features Kitchen Island, Vaulted Ceiling(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Wood

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher

Heat Source Central, Electric

Laundry Utility Room

Exterior

Exterior Feature Covered Patio/Porch

Garage Spaces 2.0

Fence Back Yard, Fenced

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Story Two

Foundation Bois DArc Post

Level or Stories Two

Structure Type Siding,Wood

Schools

Elementary Schools Bowie

High Schools Ennis

School District Ennis Isd

Others

Restrictions None

Ownership Dee and Julie McCrory

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Terri Chase • LPT Realty LLC

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

206 S Gaines Street Ennis, TX 75119