506 W BAYLOR STREET, ENNIS, TX 75119
Homes for sale in Ennis.
Homes for sale in 75119.
List Price$375,000
506 W Baylor Street
Ennis, TX 75119
Listing #21269662
About This Property
Excellent investment opportunity in the heart of Ennis! This income-producing duplex at 506 W Baylor Street features two well-maintained units with reliable long-term tenants already in place. Each unit offers its own private entrance, private backyard space, and dedicated garage parking, providing added privacy and convenience for tenants. The downstairs unit features 1 bedroom, 1 bathroom, a full kitchen, and in-unit laundry. The upstairs unit offers 2 bedrooms, a full kitchen, in-unit laundry, and an additional third-floor bonus space perfect for a third bedroom, office, or extra storage. Both tenants consistently pay on time and take exceptional care of the property, making this a truly turnkey investment opportunity. Current lease terms extend through June 2026 for the downstairs unit and May 2027 for the upstairs unit, creating immediate and stable rental income for the next owner. Conveniently located near downtown Ennis shopping, dining, and local amenities, this property is an excellent addition to any investment portfolio.
Property Features
Location Information
County
Ellis
Subdivision
O T Ennis
Interior Features
Interior
Eat-in Kitchen, High Speed Internet, Pantry, Cable TV, Natural Woodwork
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
2
Floors
Hardwood, Tile
Has Fireplace
No
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave
Number of Fireplaces
0
Total Number of Units
2
Heating
Central, Electric, Natural Gas
Exterior Features
Stories
2
Lot Description
Sprinkler System
Construction
Wood Siding
Lot Size in Acres
0.234
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
10,193
Roof
Composition
Buildings
1
Utilities
Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
2,080
Parking Description
Garage
Is One Story
No
Has Garage
Yes
Lot Description
Sprinkler System
Pool Description
None
Windows Description
Window Coverings
School
Elementary School District
Ennis ISD
High School
Ennis
Elementary School
Houston
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Duplex
Tax Annual Amount
7933.0
Year Built
1905
Similar Listings
Mortgage Calculator
$1,750
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,351
Monthly Tax
$312
Monthly Insurance
$87
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
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