206 S Gaines Street, Ennis, TX 75119

Local realty services provided by:ERA Newlin & Company
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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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

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Home facts

  • Year built:1940
  • Listing ID #:20938645
  • Added:140 day(s) ago
  • Updated:October 03, 2025 at 07:11 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
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 3, 2025 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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