235 Alton Ln · Ennis, TX 75119

$245,000

4 bd · 3.0 ba · 1,806 sqft · SingleFamily public records · 287 Days on market

Built 2021 1.00 ac lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.4/30.0
• ARV discount +7.5/15.0
• DSCR +4.0/10.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• Schools +3.4/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

Key facts

• Metal roof
• Spacious lot
• Granite countertops

Tags

• SPACIOUS LOT
• METAL ROOF
• COMMERCIAL-GRADE GUTTERS
• OPEN-CONCEPT FLOOR PLAN
• SLEEK WHITE CABINETRY
• GRANITE COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $4 ($43/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (11.8% below list).
• Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.3% vs local median 4.5% in Ennis — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#304 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools D-, amenities F, commute F.
• Ennis ISD (rural): math 41% / reading 39% proficiency, ranked #411 of 826 in TX (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.0%/yr); 363 active listings in the ZIP; solid renter incomes; 3,016 units permitted in Ellis County in 2024 (20 in 5+ unit buildings).
• This rent runs 34% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Ellis County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 287 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $54k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 53% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 287 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 6.31%
• Cash-on-cash: 0.06%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.95% rent growth · sell at horizon

5-year hold

• IRR: -16.2%
• Equity multiple: 0.42×
• Total profit: $-39,540
• Equity at exit: $36,530

10-year hold

• IRR: -8.0%
• Equity multiple: 0.50×
• Total profit: $-34,423
• Equity at exit: $21,183

Cash invested: $68,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75119

• Rents YoY: 3.0%
• Active inventory: 363
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,160 medium
• Mortgage (P&I): −$1,285
• Tax from tax record: −$316 /mo · $3,790/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$454
• Net cashflow: $4

Break-even live

Break-even rent $2,155

Max offer price $245,000

Occupancy floor 95%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Listing history 32 events

1. 2026-06-18
   days on market $245,000 Active 287 DOM
2. 2026-06-17
   days on market $245,000 Active 286 DOM
3. 2026-06-16
   days on market $245,000 Active 285 DOM
4. 2026-06-15
   days on market $245,000 Active 284 DOM
5. 2026-06-13
   pricedays on market $245,000 Active 282 DOM
6. 2026-06-09
   days on market $249,900 Active 278 DOM
7. 2026-06-08
   days on market $249,900 Active 277 DOM
8. 2026-06-07
   days on market $249,900 Active 276 DOM
9. 2026-06-04
   days on market $249,900 Active 273 DOM
10. 2026-06-03
    days on market $249,900 Active 272 DOM
11. 2026-06-02
    days on market $249,900 Active 271 DOM
12. 2026-06-01
    days on market $249,900 Active 270 DOM
13. 2026-05-31
    days on market $249,900 Active 269 DOM
14. 2026-05-08
    price $249,900 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

15. 2025-12-23
    price $250,000 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

16. 2025-12-11
    price $260,000 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

17. 2025-12-02
    price $270,000 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

18. 2025-11-19
    price $280,000 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

19. 2025-11-12
    status Active 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

20. 2025-09-30
    status Pending 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

21. 2025-09-22
    historical Active Option Contract 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

22. 2025-08-31
    price $285,000 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

23. 2025-08-06
    price $289,900 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

24. 2025-07-23
    listed $299,500 Active 1748-char remark

    Show marketing remark (1748 chars)

    This beautifully remodeled 4-bedroom, 3-bathroom home sits on a spacious 1-acre lot and offers the perfect blend of modern comfort and country charm. Completely remodeled from the studs up in 2022, no detail was overlooked—this home is like new inside and out! This property boasts all upgrades—from the metal roof to the commercial-grade gutters, windows, paint, flooring, lighting, cabinets, water heater, AC, the whole deal! If you're looking for a home that’s been carefully updated with modern touches, this is it! The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for family gatherings or hosting friends. The kitchen is a true highlight with sleek white cabinetry, granite countertops, and a spacious island that invites you to cook, dine, and entertain. Two of the four bedrooms are master suites, both offering their own attached full bath with beautiful, marble tiled walk-in showers—an ideal setup for multi-generational living or privacy for guests. The main master suite is thoughtfully positioned on the opposite side of the home from the other bedrooms, offering a peaceful retreat from the bustle of the household. Step outside and enjoy the large screened-in back porch, an inviting space for sipping your morning coffee or enjoying an evening breeze. The property also includes a water well and best of all, comes with no known restrictions, allowing you the flexibility to truly make this space your own. You will fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and entertainment! CASH PURCHASE OR VA LOAN only due to prior relocations. PRICED TO SELL!

25. 2023-12-14
    soldstatus
26. 2023-12-12
    soldstatus Closed 705-char remark

    Show marketing remark (705 chars)

    Welcome Home to your own slice of Texas paradise! This awesome 4 bed 3 bath home is fully remodeled with all the new things you want: New metal roof, new commercial grade gutters, all new windows, doors, paint, flooring, lighting, cabinets, water heater, AC, the works! This home also boasts 2 master bedrooms with beautifully remodeled en-suite baths. New well installed 2022 and new septic installed 6 months ago. Great 5G cell service too! Enjoy your Texas country sunrises and sunsets on the back patio and fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and downtown enjoyment. Virtual tour available to view!

27. 2023-09-20
    status Pending 705-char remark

    Show marketing remark (705 chars)

    Welcome Home to your own slice of Texas paradise! This awesome 4 bed 3 bath home is fully remodeled with all the new things you want: New metal roof, new commercial grade gutters, all new windows, doors, paint, flooring, lighting, cabinets, water heater, AC, the works! This home also boasts 2 master bedrooms with beautifully remodeled en-suite baths. New well installed 2022 and new septic installed 6 months ago. Great 5G cell service too! Enjoy your Texas country sunrises and sunsets on the back patio and fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and downtown enjoyment. Virtual tour available to view!

28. 2023-09-13
    historical Active Option Contract 705-char remark

    Show marketing remark (705 chars)

    Welcome Home to your own slice of Texas paradise! This awesome 4 bed 3 bath home is fully remodeled with all the new things you want: New metal roof, new commercial grade gutters, all new windows, doors, paint, flooring, lighting, cabinets, water heater, AC, the works! This home also boasts 2 master bedrooms with beautifully remodeled en-suite baths. New well installed 2022 and new septic installed 6 months ago. Great 5G cell service too! Enjoy your Texas country sunrises and sunsets on the back patio and fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and downtown enjoyment. Virtual tour available to view!

29. 2023-09-08
    listed $225,000 Active 705-char remark

    Show marketing remark (705 chars)

    Welcome Home to your own slice of Texas paradise! This awesome 4 bed 3 bath home is fully remodeled with all the new things you want: New metal roof, new commercial grade gutters, all new windows, doors, paint, flooring, lighting, cabinets, water heater, AC, the works! This home also boasts 2 master bedrooms with beautifully remodeled en-suite baths. New well installed 2022 and new septic installed 6 months ago. Great 5G cell service too! Enjoy your Texas country sunrises and sunsets on the back patio and fall in love with the quiet and peaceful life this property can bring you! Just 10 minutes from Highway 45 and all major shopping, dining, and downtown enjoyment. Virtual tour available to view!

30. 2001-01-05
    soldstatus
31. 1994-12-08
    soldstatus
32. 1986-11-17
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $3,790 · $316/mo
• Projected year-2 tax: $4,484 · $374/mo
• Expected delta: +$694/yr (+$58/mo · 18.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 53% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,919
• − Mortgage interest: −$13,724
• − Property taxes: −$3,790
• − Insurance: −$1,225
• − Repairs & maintenance: −$2,074
• − Management: −$2,074
• − Depreciation: −$7,127
• Taxable loss: −$4,094
• Est. tax savings @ 24.0%: +$983
• After-tax cash flow: $1,026/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Ennis ISD
• NCES district ID: 4818540
• Math proficiency: 41% ▼ -6.00%
• Reading proficiency: 39% ▼ -3.00%
• Median HH income: $46,105
• Composite: 34.14/100
• National rank: #5283
• State rank: #411 of 826 in TX

Livability — Ennis

• Score: 71/100
• State rank: #304
• US rank: #6893

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment B Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Ellis County · 199,237 people
• City population: 31,866
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 31,866
• Household income: $77,053
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 784.0

Population outlook (Ellis County) Hauer SSP2

• Today (2025): 194,556 people
• By 2030: 209,679 · +7.8%
• By 2040: 238,837 · +22.8%
• By 2050: 265,451 · +36.4%
• By 2075: 326,571 · +67.9%
• By 2100: 362,156 · +86.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 47% Hispanic / Latino 41% Two or more races 13% Black 9%
• Hispanic origin (detail): Mexican 37%
• Common ancestry: Slovak 1% Serbian 1% Italian 1%
• Foreign-born: 15% · Canada
• Languages at home: 69% English-only · Spanish 29% Other Indo-European 1%

Political lean MEDSL · Ellis

• 2024 margin: Solid R (+31.1) · D 34.0% · R 65.1%
• 2008→2024 swing: +11.2pp toward D · 2008: -42.2pp · 2024: -31.1pp
• All cycles: 2024: R+31.1 2020: R+34.1 2016: R+45.4 2012: R+47.5 2008: R+42.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -207.30%
• Current HPI: 253.0134
• Rent YoY: ▲ 2.95%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+11.1% since first listed

19 events — show timeline

• 2026-05-08 Price Changed $249,900 NTREIS
• 2025-12-23 Price Changed $250,000 NTREIS
• 2025-12-11 Price Changed $260,000 NTREIS
• 2025-12-02 Price Changed $270,000 NTREIS
• 2025-11-19 Price Changed $280,000 NTREIS
• 2025-11-12 Relisted — NTREIS
• 2025-09-30 Pending — NTREIS
• 2025-09-22 Contingent — NTREIS
• 2025-08-31 Price Changed $285,000 NTREIS
• 2025-08-06 Price Changed $289,900 NTREIS
• 2025-07-23 Listed $299,500 NTREIS
• 2023-12-14 Sold (Public Records) — Public Records
• 2023-12-12 Sold (MLS) — NTREIS
• 2023-09-20 Pending — NTREIS
• 2023-09-13 Contingent — NTREIS
• 2023-09-08 Listed $225,000 NTREIS
• 2001-01-05 Sold (Public Records) — Public Records
• 1994-12-08 Sold (Public Records) — Public Records
• 1986-11-17 Sold (Public Records) — Public Records

Property tax history

+21.5%/yr

Latest (2025): $3,790 · +3.5% YoY. Source: county tax records.