Ennis, TX 75119 206 S Gaines Street
$125,500
Pending



1 more


Presented By: Terri Chase with LPT Realty LLC; 877-366-2213
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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.
Presented By: Terri Chase with LPT Realty LLC; 877-366-2213
Interior Features for 206 S Gaines Street
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Basement Y/NNo
Dining Areas1
Fireplace FeaturesWood Burning
Fireplaces Total1
FlooringCeramic Tile, Wood
Interior FeaturesKitchen Island, Vaulted Ceiling(s)
Laundry FeaturesUtility Room
Living Areas2
Lock Box TypeCombo
Other Rooms
Room Count8
General for 206 S Gaines Street
AppliancesDishwasher
Architctural StyleTraditional
Carport Spaces
CityEnnis
Construction MaterialsSiding, Wood
CoolingCentral Air, Electric
CountyEllis
DirectionsTake downtown Main St. to South Gaines St.
EasementsNone
Elementary SchoolBowie
Elementary School NameBowie
Full Baths3
HOA TypeNone
HeatingCentral, Electric
High SchoolEnnis
Junior High SchoolEnnis
LevelsTwo
Listing TermsCash, Conventional
Number of Garage Spaces2
Occupant TypeOwner
Pool Y/NNo
Possession30-60 Days
Property SubtypeSingle Family Residence
Property TypeResidential
RestrictionsNone
RoofComposition
School DistrictEnnis ISD
Standard StatusPending
StatusPending
Subdivision NameO T Ennis
Transaction TypeFor Sale
Unexempt Taxes5803
UtilitiesCity Sewer, City Water
Will SubdivideNo
Year Built1940
Exterior for 206 S Gaines Street
Attached Garage Y/NNo
Covered Spaces2
Exterior FeaturesCovered Patio/Porch
FencingBack Yard, Fenced
Foundation Bois DArc Post
Garage Y/NYes
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.3960
Lot Size Area0.3960
Lot Size SourceAssessor
Lot Size Square Feet17249.7600
Lot Size UnitsAcres
Parking FeaturesDriveway, On Street
Structural StyleSingle Detached
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Bowie Elementary School
Middle School
N/A

Suzanne Smith
Broker/Owner