**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.
Listed By
Agency Name: Realty Of America, LLC
Agency Contact: 4699950358
Agent Name: Lydia Metcalfe
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 943.96 per month $834.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $109.38 Homeowner's Insurance
506 W Baylor Street | MLS# 21269662
This multi-family property located at 506 W Baylor Street, Ennis, TX 75119 is currently listed for sale with an asking price of $375,000. W Baylor Street is located within the Ennis ISD school district. Search Ennis real estate on www.kellyrealtors.com today.