1301 S Cardinal Street

Ennis, TX 75119
$215,000
4 beds | 2 baths | 0.73 acres | #20764009

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
      • Interior:Cable TV Available
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Irregular Lot
      • Acres:0.7251
      • Property type:Multi-Family
      • Year built:1983
      • Foundation:Slab
      • Utility features:City Sewer, City Water
      • Subdivision:Summerwood I
      • School district:Ennis ISD
      • Elementary School:Bowie
      • County:Ellis
      • MLS #:20764009
      • Cost:215000
      • Property subtype:Duplex
      • MLS #:20764009

Location

Brenda MancilBrenda Mancil REALTOR®
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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