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$895,000

7606 Fm 1181, Ennis, TX, 75119

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,344 Sq Ft
Year BuiltBuilt in 1940

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling

Exterior

Lot Size57.85 acres

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0002.000.006.00.103
SubdivisionA Garza
Land UseResidential
Legal Description2 A GARZA 57.85 ACRES
Census Tract061700
Assessed Land Value$1,075,432
Assessed Improvement Value$116,109
Assessment Year2026

About this property

57.85 acres in Ennis, Texas, with approximately 1,470 feet of frontage on FM 1181. Mostly level open pasture with scattered trees, ponds and creeks. No HOA. Ennis ISD. Approximately 35 minutes from Dallas via I-45, Ennis is the Official Bluebonnet City of Texas. Two frame houses and a manufactured home, plus sheds and a carport, remain on the property. All improvements are in poor condition and are expected to require demolition, No value is assigned to them and the property is priced as land. Sold as is. Acreage and frontage per deed of record. Buyer's please do your due diligence. Property currently occupied, do not disturb occupants, make appointment for showings. Claim your Piece of Texas!

Investor Tools

$0Estimated Mortgage Balance
$1,191,541Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,149 /month
Positive
Cash Flow Estimate:
$2,383 /month

Interested in this property?

BIll Moomaw

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,748/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,021
$1,191,541
2026
$1,075,432
$116,109
$1,191,541
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$15,021
$1,191,541

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,191,541
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
N/A
+$1,460/mo
1.5%

City: Ennis

7606 Fm 1181 | Property Details | No Agent List