206 S Gaines Street, Ennis, TX 75119
Local realty services provided by:CENTURY 21 Gold Coat Realtors
206 S Gaines Street,Ennis, TX 75119
$125,500
- 4 Beds
- 3 Baths
- 2,924 sq. ft.
- Single family
- Pending
Listed by: terri chase877-366-2213
Office: lpt realty llc.
MLS#:20938645
Source:GDAR
Price summary
- Price:$125,500
- Price per sq. ft.:$42.92
About this home
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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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.
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Home facts
- Year built:1940
- Listing ID #:20938645
- Added:215 day(s) ago
- Updated:December 17, 2025 at 09:36 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,924 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1940
- Building area:2,924 sq. ft.
- Lot area:0.4 Acres
Schools
- High school:Ennis
- Elementary school:Bowie
Finances and disclosures
- Price:$125,500
- Price per sq. ft.:$42.92
- Tax amount:$5,803
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