Ennis, TX 75119 500 W Milam Street
$188,000
- MLS# 20871871
- 03/15/2025
Presented By: Amelia Valdez with Amelia Valdez City Real Estate; 469-658-5506
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 4
Baths • 2
Year Built • 1940
Home Details
Income-Producing Property Near Historic Downtown Ennis
This exceptional income-producing property offers a prime location just minutes from historic downtown Ennis. The property features two units: Side B has been remodeled, while Side A is occupied by long-term tenants on a month-to-month lease, providing immediate rental income and flexibility for future plans.
Situated within walking distance to charming shops, popular restaurants, and scenic parks, this property is ideal for investors looking for a well-located asset with strong rental potential. Whether you're looking to continue its current use or explore new opportunities, this duplex is a fantastic investment in a growing and desirable area.
Presented By: Amelia Valdez with Amelia Valdez City Real Estate; 469-658-5506
Interior Features for 500 W Milam Street
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Basement Y/NNo
FlooringCarpet, Hardwood, Laminate, Linoleum
Interior FeaturesCable TV Available, Eat-in Kitchen
Lock Box TypeSee Remarks
Total Units2
Unit Count2
General for 500 W Milam Street
# of Buildings1
Accessory Unit Y/NNo
AppliancesElectric Range, Electric Water Heater
Capitalization Rate0.00
CityEnnis
Complex NameMILAM STREET
Construction MaterialsFrame, Siding
CoolingCentral Air, Electric, Window Unit(s)
CountyEllis
DirectionsWEST ON ENNIS AVE LEFT ON SOUTH PRESTON PROPERTY ON PRESTON AND MILAM.
Elementary SchoolHouston
Elementary School NameHouston
Full Baths2
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Electric
High SchoolEnnis
Insurance Expense
Junior High SchoolEnnis
LevelsOne
Listing TermsCash, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictEnnis ISD
Special NotesUtility Easement
Standard StatusActive
StatusActive
Subdivision NameO T Ennis
TenancyLease While on Market, Month to Month, Pet Restrictions
Unexempt Taxes5222
UtilitiesAlley, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1940
Year Built DetailsPreowned
Exterior for 500 W Milam Street
Attached Garage Y/NNo
Building Area Total1680.00
Foundation Pillar/Post/Pier
Garage Y/NNo
Lot FeaturesLevel
Lot Size.5 to < 1 Acre
Lot Size Acres0.1980
Lot Size Area0.1980
Lot Size SourceAssessor
Lot Size Square Feet8624.8800
Lot Size UnitsAcres
Number Of Parking Spaces6
Parking FeaturesAdditional Parking, No Garage, On Site
Additional Details
Price History
Schools
Elementary School
Houston Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner