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$280,000

703 W Milam St, Ennis, TX, 75119

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,557 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.83 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Gas Water Heater
FlooringTile

Exterior

Exterior FeaturesLighting
Lot Size18,504 sqft

Building Information

Year Built1928
Stories1
Roof Type105

Land Information

APN25.6000.001.002.00.103
Lot Number2A
SubdivisionLingo Ennis
Land UseResidential
Legal DescriptionLOT 2A LINGO ENNIS .4248 AC
Census Tract061500
Assessed Land Value$75,000
Assessed Improvement Value$187,068
Assessment Year2025

About this property

Extensively remodeled in 2023 and sitting on a spacious .313-acre lot, this 1,557 sq. ft. home is packed with updates! The renovation included HVAC, water heater, electrical, plumbing, windows, insulation, appliances, flooring, interior paint and foundation leveling. With the big-ticket improvements already completed, this home offers an opportunity to move in and enjoy without taking on a major renovation. The oversized lot provides plenty of room to spread out, entertain, garden or simply enjoy the extra outdoor space. Conveniently located near local parks, shopping and grocery stores, this one combines an updated interior, generous yard and convenient location—all in one package!

Investor Tools

$250,378Estimated Mortgage Balance
$41,622Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

Interested in this property?

Jake Willingham

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,687
$262,068
2025
$75,000
$187,068
$262,068
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,687
$262,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Conventional
$264,500
No
First
Oct 14, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,378
$41,622
14%
86%
$1,586/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,586/mo
$-21/mo
6.4%

City: Ennis

703 W Milam St | Property Details | No Agent List