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About the Listing AR3551 - 0759425
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.
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Central,Electric,Natural Gas
- Fireplaces: 0
- Floor: Hardwood,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Cable TV Available,Eat-in Kitchen,High Speed Internet Available,Natural Woodwork,Pantry
- Water:
Exterior Details
- Lot Description: Sprinkler System,Less Than .5 Acre (not Zero)
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof: Composition
- Others: Preowned
- Sewer:
- Parking Features: Garage
Financial Details
- Tax Amount: $7,933
- Taxes w/Assessments: N/A
- Tax/Property ID: 158478
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
506 W Baylor St Ennis, TX 75119
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