206 S Gaines Street, Ennis, Texas 75119

TX, Ennis
$125,500
  • 4 Beds
  • 3 Bath
  • 2,924
  • Residential Property Type
  • 1940 Year Built
  • Pending Status
Steven M
Steven M Realtyna
  • 112-345-768
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 20938645
  • Price: $125,500
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 2,924
  • Year Built: 1940
  • Lot Area: 0.40 Acre
  • Listing Status: Pending
  • Office Name: LPT Realty LLC
  • Agent Name: Terri Chase
  • Full Bathrooms: 3
  • Property Sub Type: Single Family Residence
  • Roof: Composition
Features
  • Swimming Pool None
  • Heating System Central,Electric
  • Cooling System Central Air,Electric
  • Fence Fenced,Back Yard
  • Fireplace Wood Burning
  • Patio Covered
  • Parking Driveway,On Street
  • Utilities Sewer Available,Water Available
  • Architectural Style Traditional,Detached
  • Fireplaces Total: 1
  • Flooring Wood,Ceramic Tile
  • Interior Features Vaulted Ceiling(s),Kitchen Island
  • Laundry Features Laundry in Utility Room
  • Sewer Public Sewer
Appliances
  • Dishwasher
Address Map
  • Country US
  • State TX
  • County Ellis
  • City Ennis
  • Zipcode 75119
  • Street: Gaines
  • Street Number: 206
  • Street Suffix: Street
  • Longitude: W97° 22' 10''
  • Latitude: N32° 19' 27.5''
  • Directions: Take downtown Main St. to South Gaines St.
  • Street Dir Prefix: S
Neighborhood
  • Elementary School: Bowie
  • Elementary School District: Ennis ISD
  • High School: Ennis
  • High School District: Ennis ISD
Additional Information
  • Construction Materials: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Garage: 2.0
  • Levels: Two
Financial
  • Tax Annual Amount: 5803.0
Listing Information
  • List Agent Mls Id: 0651296
  • List Office Mls Id: LPTR01
  • Listing Term: Cash, Conventional
  • Mls Status: Pending
  • Modification Timestamp: 2025-05-16T12:42:46Z
  • Originating System Name: NTR
  • Status Change Timestamp: 2025-05-16T07:42:12Z
MLS On The Fly

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