206 S Gaines Street

Ennis, Texas 75119

  • 4 Bed(s)
  • 3 Bath(s)
  • 2,924 Sqft
  • 0.396
    Acre(Lot)
$125,500

Description

Investor special – major rehab opportunity, 2,995 sq ft
attention seasoned investors and experienced rehabbers – this is the project you've been waiting for. this 2,995 sq ft home is a full-scale renovation opportunity with significant potential for those ready to take on a serious challenge.
the property is in major disrepair and requires comprehensive structural and systems work. the roof needs to be completely replaced, the foundation shows signs of instability and will need extensive repairs, and the city has turned off the water due to a significant leak, meaning a full plumbing replacement is required. inside, there are multiple ceiling leaks and visible water damage. additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.
this property is suited for professionals with experience in foundation work, roofing, plumbing, and full-scale renovations.
located in a neighborhood with strong comps and redevelopment activity, this home offers the right buyer the chance to bring a distressed property back to life and capture substantial value on the back end. no utilities active.

  • Property Type

    Residential

  • Subdivision

    O T Ennis

  • County

    Ellis

  • Style

    Single Detached

  • AD ID

    49742560

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3
    • Half Baths: 0

    Interior Features

    • Kitchen Island,Vaulted Ceiling(s)

    Appliances

    • Dishwasher

    Utilities

    • City Sewer,City Water

    Cooling Features

    • Central Air,Electric

    Heating Source

    • Central,Electric

    Fireplace

    • Number of Fireplaces: 1
    • Fireplace Features: Wood Burning

  • Building Information

    • Built Year: 1940
    • Construction: Siding,Wood
    • Roof Type: Composition

    Exterior Features

    • Covered Patio/Porch

    Foundation

    • Bois DArc Post

    Laundry Features

    • Utility Room

    Fencing

    • Back Yard,Fenced

    Construction Materials

    • Siding,Wood

  • Lot Information

    • Lot Size (Acr): 0.3960
    • Lot Size Units: Acres
    • Lot Size Square Feet: 17249.7600
    • Lot Size Source: Assessor

    Property Information

    • SQ ft (Living Area): 2,924
    • Property Type: Residential
    • Property Sub Type: Single Family Residence
    • Architectural Style: Traditional
    • Subdivision: O T Ennis
    • City: Ennis
    • State: Texas
    • Directions: Take downtown Main St. to South Gaines St.
    • Property Status: Pending

  • Listing Price Information

    • Original List Price: $125,500
    • List Price Tot SqFt: $43

    Listing Information

    • Possession: 30-60 Days

  • Tax Information

    • Parcel Number: 158500
    • Tax Block: 201
    • Tax Legal Description: LOT 3-4-5 BLK 201 O T ENNIS 0.396 AC
    • Tax Lot: 3
    • Unexempt Taxes: $5,803

  • Parking Information

    • Has Garage
    • Garage Space: 2
    • Parking Features: Driveway,On Street

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Bowie
    • High School: Ennis
    • Junior High School: Ennis
    • School District: Ennis ISD

    Utility Information

    • Utilities: City Sewer,City Water
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BuyOwner last updated this listing 06/27/2025 @ 22:18

  • MLS: 455428021
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 4 bedrooms which is recently sold, it has 2,924 sqft, 0 sized lot, and 2 parking. are nearby neighborhoods.