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Sold 75119 Ennis

404 Old Gin Rd

Ennis, TX 75119

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Sold

$215,001 - $250,000

Sold on August 25, 2023

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1 Full Bath(s)

400 Sqft.

4.58 Lot Acres

Residential - Single Family

72 Day(s) on HAR.com

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $222K	AVM Value $231K	AVM Value $221K
Value Range $193K - $251K	Value Range $213K - $250K	Value Range $ 221,303
Confidence Score 87% Margin of Error*: 13%	Confidence Score NA	Confidence Score NA

$222K

$231K

$221K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

This property presents a unique opportunity for a potential buyer to own land with existing rental units and the potential for personal residential development. With three tiny homes on the property, one of which will convey with the sale, and one being a travel trailer, the property is already generating rental income. The other two tiny homes are tenant-owned and could potentially continue to be rented out, providing additional rental income. Furthermore, the property has three septic systems, two of which are aerobic systems, allowing for flexibility in building and development plans. The current setup of the property presents the option to leave the rental units in place and continue to generate rental income, or to move the tenants out and develop the property for personal residential use. Additionally, buyers should be aware of any local building codes or zoning regulations that may impact the development plans for the property.

MLS#

NTREIS-20316011

Sold Price Range

$215,001 - $250,000

Listing Status

Sold

Address

404 Old Gin Rd

City

Ennis

State

Zip Code

75119

County

Ellis County

Subdivision

R-Pena

Legal Description

3 19A INCS R PENA Q-J PT21;42 BRISTOL 4.58 AC

Property Type

Residential - Single Family

Bath

1 Full Bath(s)

Stories

Architecture Style

Other

Year Built

2012 / Appraisal District

Building Size

400 Sqft/Appraisal District

Lot Size

4.58 Lot Acres./PUBREC

Property map

Street
view

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directions

Kevin Goodman

eXp Realty, LLC

Call

Rooms

Living

20 x 20, 1st

Interior

Number Of Living Area

Floors

Other

Cooling

None

Heating

None

Appliances

None

Exterior

Roof

Metal

Foundation

Block

Private Pool

Exterior Type

Siding

Parking

On Site, Open, Other

Utility

Aerobic Septic, Phone Available, Private Water, Septic

Lot information

Lot Size

4.58 Lot Acres /PUBREC

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type

Single Detached

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

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DOWN PAYMENT

Amount

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Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.