506 W Baylor Street, Ennis, TX 75119
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506 W Baylor Street, Ennis, TX 75119
506 W Baylor Street, Ennis, TX 75119
506 W Baylor Street, Ennis, TX 75119
506 W Baylor Street, Ennis, TX 75119
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$ 375,000
Est. payment /mo
New

506 W Baylor Street Ennis, TX 75119

3 Beds

2 Baths

10,193 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision O T Ennis

MLS Listing ID 21269662

Bedrooms 3

Full Baths 2

HOA Y/N None

Total Fin. Sqft 2080

Year Built 1905

Annual Tax Amount $7,933

Lot Size 10,193 Sqft

Acres 0.234

Property Sub-Type Duplex

Property Description

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.

Location

State TX

County Ellis

Direction From E Ennis Ave, Turn right onto N Kaufman St, Turn left onto E Baylor St.

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Natural Woodwork, Pantry

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Hardwood, Tile

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave

Heat Source Central, Electric, Natural Gas

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage Yes

Building

Lot Description Sprinkler System

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Wood

Schools

Elementary Schools Houston

High Schools Ennis

School District Ennis Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21269662


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Lydia Metcalfe • Realty Of America, LLC
Nearby Locations
Leslie Guy

Leslie Guy

Agent | License ID: 805562

+1(903) 399-8193

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506 W Baylor Street