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$390,000

1207 N Interstate Highway 45, Ennis, TX, 75119

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,052 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$370.72 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size3.77 acres

Building Information

Year Built1958
Stories1
Roof Type105

Land Information

APN25.1011.000.047.00.103
SubdivisionI D Sheppard
Land UseResidential
Legal Description1011 I D SHEPPARD 3.768 ACRES
Census Tract061600
Assessed Land Value$132,000
Assessed Improvement Value$91,140
Assessment Year2025

About this property

Prime investment and development opportunity on approximately 3.77 acres with excellent visibility and frontage along the southbound I-45 service road in Ennis. Convenient access to I-45 provides strong exposure and connectivity to the growing Ennis and DFW markets. The property offers potential for future development, subject to zoning and City approval. An existing residence adds immediate value and could potentially be leased to generate rental income while planning or development is underway. Whether you're looking for a development site, long-term land investment, or an income-producing property with future upside, this highly visible I-45 location offers a unique opportunity.

Investor Tools

$0Estimated Mortgage Balance
$298,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Travis Jenkins

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,735
$172,122
2025
$132,000
$91,140
$223,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,735
$172,122

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
6.3%

City: Ennis