305 West Waco Street

Ennis, TX 75119

$280,000
Price
5
Beds
3
Baths
1,713 Sq. Ft.
$163 / Sq. Ft.
1,713
Sq. Ft.
$163
per Sq. Ft.

Description

Outstanding investment opportunity in the heart of Ennis! This fully tenant-occupied triplex features 3 income-generating units, delivering consistent cash flow. Ideally situated near downtown, parks, dining, and shopping, this property offers a prime location for steady rental income. Perfect for investors seeking reliable returns in a growing market.Outstanding investment opportunity in the heart of Ennis! This fully tenant-occupied triplex features 3 income-generating units, delivering consistent cash flow. Ideally situated near downtown, parks, dining, and shopping, this property offers a prime location for steady rental income. Perfect for investors seeking reliable returns in a growing market.
  1. Listed by Estefanie Gutierrez • TREC #0732404 • Amelia Valdez City Real Estate • 469-658-5506
  2. Listed by Amelia Valdez • TREC #0579294 • Amelia Valdez City Real Estate

Property Details for 305 West Waco Street

Subdivision Name
O T Ennis
Pool
No
Number Of Parking Spaces
6
LISTING UPDATED: 12/18/2024 11:43 AM

Property Details for 305 West Waco Street

StatusActive
MLS #20772858
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1941
Lot Size0.13 AC / 5,749 SF
CountyEllis County

Building Information for 305 West Waco Street

Stories2Residences3Year Built1941Building Size-Lot Size0.13 AC / 5,749 SF

Property Information for 305 West Waco Street

Summary
Location and General Information
  • Block: 102
  • Complex Name: 305 W Waco
  • Directions: please use gps.
  • Elementary School: Travis
  • Elementary School Name: Travis
  • High School: Ennis
  • High School Name: Ennis
  • Junior High School: Ennis
  • Year Built Details: Preowned
  • School District: Ennis ISD
  • Geocode Confidence: High
  • Latitude: 32.32
  • Longitude: -96.63
  • State: Texas
Parking
  • Parking Features: Driveway, On Street
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: LOT 8 BLK 102 O T ENNIS .132 AC
  • Association Type: None
  • Tax Lot: 8
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Laminate, Other
  • Heating: Other
  • Interior Features: Cable TV Available, High Speed Internet Available
  • Appliances: Other
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Siding
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 3
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.132
  • Lot Size Area: 0.132
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5749.92
  • Multi Parcel ID: No
  • Parcel Number: 158209
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 11.89%
  • Gross Annual Expenses: $5,100
  • Gross Annual Income: $38,400
  • Insurance Expense: $1,800
  • Net Operation Income: $33,300.00
Unit 1
  • Average Lease Amount: $1,450.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Average Lease Amount: $650.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Average Lease Amount: $1,100.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1

Property History for 305 West Waco Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 305 West Waco Street

Taxable ValueLand$45,000Additions$191,892Total$236,892
Tax Record2023$4,828 ($402 / month)
Home Facts
Baths3Total Finished SqFt1,713 SqFtAbove Grade Finished SqFt1,713 SqFtStories2Lot Size5,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1941Year Renovated2000CountyELLISAPN25.2001.102.008.00.103

Schools near 305 West Waco Street

This home is within Ennis Independent School District.
Rating
School
Type
Grades
Distance
Public - 1 to 3
Public - 4 to 5
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Bowie Elementary School
Public1 to 3

Jack Lummus Intermediate School
Public4 to 5

Ennis J High School
Public7 to 8

Ennis High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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305 West Waco Street is a multi-family home for sale in Ennis, TX 75119. This property was listed for sale on November 15, 2024 by Amelia Valdez City Real Estate, it's currently listed at $280,000. This listing's school district is Ennis Independent School District. Nearby schools include Bowie Elementary School, Jack Lummus Intermediate School and Ennis J High School. 305 West Waco Street is a 5-bed, 3-bath, 1,713 sqft multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Amelia Valdez City Real Estate, Estefanie Gutierrez; Amelia Valdez City Real Estate, Amelia Valdez

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