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402 S Gaines Street, 
Ennis, TX 75119

$192,500


2

Beds


2

Baths


1,104

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Pam Smith

Lpt Realty, LLC.

Last updated:

May 23, 2025, 08:30 AM

MLS#

20829222

Source:

GDAR

About This Home

402 S Gaines Street

ATTENTION INVESTORS! Brick duplex is ready for a new owner. Unit A is vacant and recently renovated. Unit B is tenant occupied. 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 a spacious bedroom with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month.

Home Facts

Multi-Family

2 Baths

2 Bedrooms

Built in 1983

Price Summary

192,500

$174 per Sq. Ft.

MLS #:

20829222

Last Updated:

May 23, 2025, 08:30 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,104 Sq. Ft.


Structure

Structure

Building Area:

1,104 Sq. Ft.

Year Built:

1983


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$192,500

Price per Sq. Ft:

$174 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 23, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Richland Chambers Realty.

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