$275,000
$5K PRICE DROP

305 W Waco St Ennis, TX 75119

Estimated payment $1,867/month

Total Views 14,244
5 Beds
3 Baths
1,713 Sq Ft
$161 Price per Sq Ft

About This Home

Outstanding investment opportunity in the heart of Ennis! Property has had the exterior painted and HVAC units added to the E and B units. Two units occupied. Triplex features 3 income-generating units, delivering consistent cash flow. Ideally situated near downtown, parks, dining, and shopping, this property offers a prime location for steady rental income. Perfect for investors seeking reliable returns in a growing market.

Listing Agent

Estefanie Gutierrez

Amelia Valdez City Real Estate Brokerage Phone: 469-658-5506 License #0732404 Listed on: 11/15/2024

Co-Listing Agent

Amelia Valdez

Amelia Valdez City Real Estate Brokerage Phone: 469-658-5506 License #0579294

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1941

Lot Details

  • 5,750 Sq Ft Lot

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Travis Elementary School
  • Ennis High School

Utilities

  • Central Air
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / 102
  • Assessor Parcel Number 158209

Community Details

Overview

  • 3 Units
  • 1,713 Sq Ft Building
  • O T Ennis Subdivision

Building Details

  • Gross Income $38,400
  • Net Operating Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,828

Year Built

Built in 1941

Lot Details

0

Listing Details

  • OWNERNAME: see tax
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 469-658-5506
  • CapRate: 12.11
  • Co List Office Mls Id: AVCR01
  • Co List Office Phone: 469-658-5506
  • Co List Office Mls Id: AVCR01
  • Special Features: VirtualTour
  • Year Built: 1941

Interior Features

  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Laminate, Other

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Driveway, On Street
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Utilities: Sewer Available, Water Available, Cable Available

Schools

  • Elementary School: Travis
  • High School: Ennis
  • Junior High Dist: Ennis ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.132
  • Parcel Number: 158209
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5749.92

Building Info

  • Year Built: 1941
  • Units Total: 3

Multi Family

  • Insurance Expense: 1800.0
  • Annual Gross Income: 38400.0
  • Property Net Operating Income: 33300.0

Tax Info

  • TaxBlock: 102
  • Tax Lot: 8
  • Tax Annual Amount: 4828.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,101 $263,476 $55,000 $208,476
2024 $5,101 $236,892 $45,000 $191,892
2023 $5,101 $224,137 $45,000 $179,137
2022 $4,771 $199,359 $27,000 $172,359
2021 $2,653 $105,390 $15,000 $90,390
2020 $2,378 $92,390 $15,000 $77,390
2019 $1,845 $70,400 $0 $0
2018 $1,536 $58,200 $9,500 $48,700
2017 $1,544 $58,200 $7,500 $50,700
2016 $1,428 $53,850 $7,500 $46,350
2015 $1,426 $53,850 $7,500 $46,350
2014 $1,426 $53,850 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $275,000 0.0% $161 / Sq Ft
09/01/2025 09/01/25 Off Market -- -- --
06/07/2025 06/07/25 Price Changed $275,000 +15.1% $161 / Sq Ft
03/14/2025 03/14/25 Price Changed $239,000 -2.4% $140 / Sq Ft
02/12/2025 02/12/25 Price Changed $245,000 -12.5% $143 / Sq Ft
11/15/2024 11/15/24 For Sale $280,000 -- $163 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20772858

North Texas Real Estate Information Systems (NTREIS)

APN: 158209