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402 S Gaines Street Ennis, TX 75119
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision O T Ennis
MLS Listing ID 20829222
Sold Date 06/02/25
Bedrooms 2
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1104
Year Built 1983
Annual Tax Amount $3,112
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
ATTENTION INVESTORS! Brick duplex is ready for a new owner. Unit A is vacant and recently renovated. Unit B is tenant occupied. Ennis is a thriving family community with local festival, parades, dances, etc. Home of the renowned Bluebonnet Festival, the Autumn Daze festival with its hay maze and pumpkin patch, Ennis is experiencing exponential growth so this is an excellent opportunity to purchase in a growing community. Each unit has a spacious bedroom with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month.
Location
State TX
County Ellis
Direction From Ennish High School go east on Lake Bardwell Drive; Left on Clay; Right on Waco to Gaines
Interior
Interior Features Granite Counters, Other
Heating Electric
Cooling Electric
Flooring Carpet, Tile
Appliance Electric Range
Heat Source Electric
Exterior
Exterior Feature Other
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Lot Description Other
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Bowie
High Schools Ennis
School District Ennis Isd
Others
Ownership VCP 30 Duplex Owner LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Janice Williams • Keller Williams Realty