Ennis, TX 75119 2901 S Cardinal Street
$215,000
Pending
5 more
Presented By: Pam Smith with LPT Realty LLC; 877-366-2213
Home Details
FULL DUPLEX ON OVER HALF AN ACRE IN HOT GROWTH AREA! Each side of this duplex is 2 bedroom, 1 bathroom. Ennis is a thriving family community with local festival, parades, dances, etc. Home of the renowned Bluebonnet Festival, the Autumn Daze festival with its hay maze and pumpkin patch, Ennis is experiencing exponential growth so this is an excellent opportunity to purchase in a growing community. Each unit has 2 spacious bedrooms with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Current leases expire in March and April 2025. The tenants would be interested in staying, or someone could live in one side and rent out the other side. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month. Roof to be replaced with 30-year laminated black shingle roof prior to closing.
Presented By: Pam Smith with LPT Realty LLC; 877-366-2213
Interior Features for 2901 S Cardinal Street
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Unit Count2
Lock Box TypeNone
FlooringCarpet, Laminate
Interior FeaturesOther
Total Units2
General for 2901 S Cardinal Street
# of Buildings1
AppliancesOther
Capitalization Rate5.07
CityEnnis
Complex Namena
Construction MaterialsBrick
CoolingCentral Air
CountyEllis
DirectionsFrom Ferris take I-45 S to N Fwy Service Rd in Ennis. Take exit 253 from I-45 S to I-45 Business; Left in I-45 Business to cross over I-45; Right on N. Fwy Service Rd; Left on Christian Rd.; right on
Elementary SchoolBowie
Elementary School NameBowie
Full Baths2
Gross Annual Expenses5279.00
HOA TypeNone
HeatingCentral
High SchoolEnnis
Insurance Expense850
Junior High SchoolEnnis
LevelsOne
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictEnnis ISD
Standard StatusPending
StatusPending
Subdivision NameSummerwood I
Tenancy6 Months or Less
Unexempt Taxes4447
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1983
Year Built DetailsPreowned
Exterior for 2901 S Cardinal Street
Building Area Total1578.00
Foundation Slab
Lot Size.5 to < 1 Acre
Lot Size Acres0.6903
Lot Size Area30069.0000
Lot Size SourcePublic Records
Lot Size Square Feet30069.0000
Lot Size UnitsSquare Feet
Number Of Parking Spaces4
Parking FeaturesDriveway
Additional Details
Price History
Schools
Elementary School
Bowie Elementary School
Middle School
N/A
Mec Cheney
Realtor