206 S GAINES STREET, ENNIS, TX 75119
Homes for sale in Ennis.
Homes for sale in 75119.
206 S Gaines Street
Ennis, TX 75119
List Price$125,500
Listing #20938645
4
Bedrooms
3 full
Bathrooms
2,924
Square Feet
House
Type
About This Property
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 Additionally, the electrical system is outdated and does not meet current code--rewiring will be necessary.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 Features
Location Information
County
Ellis
Subdivision
O T Ennis
Interior Features
Rooms
Second Floor Bedroom, Second Floor Bedroom, First Floor Bedroom, First Floor Breakfast Room/Nook, First Floor Dining Room, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
Kitchen Island, Vaulted Ceiling(s)
Number of Fireplaces
1
Master Bedroom Description
17 x 15
Heating
Central, Electric
Full Baths
3
Cooling
Central Air, Electric
Dining Room Description
14 x 14
Floors
Ceramic Tile, Wood
Living Room Description
23 x 15
Laundry
Laundry in Utility Room
Kitchen Description
9 x 13
Appliances
Dishwasher
Exterior Features
Style
Traditional, Detached
Has Garage
Yes
Stories
2
Garage Spaces
2
Construction
Wood Siding
Fencing
Back Yard, Fenced
Foundation
Pillar/Post/Pier
Patio / Deck Description
Covered
Roof
Composition
Pool Description
None
Water / Sewer
Sewer Available, Water Available
Lot Size in Acres
0.396
Utilities
Sewer Available, Water Available
Lot Size in Sq. Ft.
17,249
Parking Description
Driveway, On Street
Is One Story
No
School
Elementary School District
Ennis ISD
High School
Ennis
Elementary School
Bowie
Additional Information
Property Type
SFR
Status
Pending
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
5803.0
Year Built
1940
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$585
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$452
Monthly Tax
$104
Monthly Insurance
$29
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Terri Chase, LPT Realty LLC
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NTREIS - North Texas data last updated at January 16, 2026, 2:06 PM CT
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