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Listing provided courtesy of Realty Of America, LLC- MLS# 21269662MLS ProviderContact Information: Lydia Metcalfe - 4699950358,4699950358

506 W Baylor StreetEnnis, TX 75119

Multi-Family · 3 Beds · 2 Full Baths · 2,080 Sq. ft. | 0.23 Acres
$375,000 Pending

506 W Baylor Street Overview

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**Call & ask how you can lower your payments for the first year.** 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.

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506 W Baylor Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,080
  • Price/Sq.ft. $180
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Ennis ISD
  • Elementary School: Houston
  • Middle Or Junior School: Ennis
  • High School: Ennis

Income/Expenses

  • Gross Income: 3100.0
  • Net Operating Income: 500.0

Building Information

  • Year Built: 1905
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: ENNIS
  • Subdivision Name: O T Ennis

Tax Information

  • Tax Annual Amount: 7933.0

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 158478
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2080.0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Disposal,Microwave
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood,Tile
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Eat-in Kitchen,High Speed Internet,Pantry,Cable TV,Natural Woodwork
  • Levels: Two
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Garage
  • Parking Total: 2.0

Lot Information

  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.234
  • Lot Size Area: 0.234
  • Lot Size Square Feet: 10193.04
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Unit Information

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

506 W Baylor Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

506 W Baylor Street Market Data

Based on the last 30 days in this zip code

$415,944
Average List Price
$203
Average Price per Square Foot
29
Properties Sold
155
Average Days on Market
208
Properties for Sale
Calculations provided by Reliance Network


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