$215,000
Accepting Backup Offers

2901 S Cardinal Street

Ennis, TX 75119
4 beds | 2 baths | 0.69 acres | #20764035
Type:Multi-Family
Structure:2 Family
Zone:Commercial

Description

FULL DUPLEX ON OVER HALF AN ACRE IN HOT GROWTH AREA! Each side of this duplex is 2 bedroom, 1 bathroom. 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 2 spacious bedrooms with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Current leases expire in March and April 2025. The tenants would be interested in staying, or someone could live in one side and rent out the other side. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month. Roof to be replaced with 30-year laminated black shingle roof prior to closing.

  • Property Details
      • Utility FeaturesCity Sewer, City Water
      • Property TypeMulti-Family
      • SubdivisionSummerwood I
      • School DistrictEnnis ISD
      • MLS #20764035
      • MLS #20764035
      • Acres0.6903
      • Cost215000
      • Property SubtypeDuplex
      • InteriorOther
      • Elementary SchoolBowie
      • CountyEllis
      • Year Built1983
      • FoundationSlab
      • Bedrooms4
      • Bathrooms2
      • Full Baths2

Location

Anthony L. BrownJPAR Real Estate
$
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Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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