404 Old Gin Road
Ennis, TX 75119
- – beds
- 1 bath
- 400 sqft
- ~5 acre lot
- $562 per sqft
- 2012 build
- – on site
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This property presents a unique opportunity for a potential buyer to own land with existing rental units and the potential for personal residential development. With three tiny homes on the property, one of which will convey with the sale, and one being a travel trailer, the property is already generating rental income. The other two tiny homes are tenant-owned and could potentially continue to be rented out, providing additional rental income. Furthermore, the property has three septic systems, two of which are aerobic systems, allowing for flexibility in building and development plans. The current setup of the property presents the option to leave the rental units in place and continue to generate rental income, or to move the tenants out and develop the property for personal residential use. Additionally, buyers should be aware of any local building codes or zoning regulations that may impact the development plans for the property.
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Last updated Apr 17, 2024
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MLS# 20316011 —
Walk Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/25/23
Aug 25, 2023
|
Sold | NTREIS | ||
|
8/1/23
Aug 1, 2023
|
Pending | NTREIS | $225,000 | |
|
7/11/23
Jul 11, 2023
|
Sold Subject To Contingencies | NTREIS | $225,000 |