206 S Gaines St

Ennis, TX 75119
  • $125,500

    Price
  • 4

    Bed
  • 3

    Bath
  • 2,924

    SqFt

About the Listing LPTR01 - 0651296

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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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.

Listing Highlights for 206 S Gaines St

Status Pending
Days on Site 148
Property Type Residential
MLS ® 20938645
Year Built 1940
Total Square Footage 2,924
Lot/Acreage 0.4
County Ellis
Neighborhood O T Ennis
School District Ennis ISD
Elementary School Bowie
High School Ennis

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances: Dishwasher
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces: 1, Wood Burning
  • Floor: Ceramic Tile,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Kitchen Island,Vaulted Ceiling(s),Master on Main
  • Water:

Exterior Details

  • Lot Description: Less Than .5 Acre (not Zero)
  • Garage Capacity: 2 car
  • Roof: Composition
  • Others: Covered Patio/Porch
  • Sewer:
  • Parking Features: Driveway,On Street

Financial Details

  • Tax Amount: $5,803
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 158500
  • Tax Year: N/A

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Listing Location

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206 S Gaines St Ennis, TX 75119

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