709 West Tyler Street

Ennis, TX 75119

$725,000
Price
10
Beds
5
Baths
4
1/2 Baths
5,040 Sq. Ft.
$144 / Sq. Ft.
5,040
Sq. Ft.
$144
per Sq. Ft.

Description

4 unit investment opportunity with vacant lot. All 4 units are currently tenant occupied. 713 and 715 have a mother in law suite attached. There is an empty lot adjacent to the apartment building that is included in the sale. Build to suit. Great cash flow opportunity with tons of potential. Walking distance to schools and close to historic downtown Ennis.4 unit investment opportunity with vacant lot. All 4 units are currently tenant occupied. 713 and 715 have a mother in law suite attached. There is an empty lot adjacent to the apartment building that is included in the sale. Build to suit. Great cash flow opportunity with tons of potential. Walking distance to schools and close to historic downtown Ennis.
  1. Listed by Shelly Adams • TREC #0662764 • Allie Beth Allman & Associates • 817-697-4900

Property Details for 709 West Tyler Street

Subdivision Name
West Lake Ennis-Rev
Pool
No
Number Of Parking Spaces
8
LISTING UPDATED: 11/07/2024 10:15 AM

Property Details for 709 West Tyler Street

StatusActive
MLS #20736380
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1973
Lot Size0.41 AC / 17,990 SF
CountyEllis County

Building Information for 709 West Tyler Street

Stories2Residences4Year Built1973Building Size-Lot Size0.41 AC / 17,990 SF

Property Information for 709 West Tyler Street

Summary
Location and General Information
  • Complex Name: Tyler St apartments
  • Directions: GPS
  • Elementary School: Austin
  • Elementary School Name: Austin
  • High School: Ennis
  • High School Name: Ennis
  • Junior High School: Ennis
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Ennis ISD
  • Geocode Confidence: High
  • Latitude: 32.33
  • Longitude: -96.64
  • State: Texas
Parking
  • Parking Features: On Site
Taxes and HOA Information
  • Tax Legal Description: 3-4-5 1 WEST LAKE ENNIS 0.413 ACRES
  • Association Type: None
  • Tax Lot: 3-5
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Laminate
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, Eat-in Kitchen, High Speed Internet Available
  • Appliances: Electric Cooktop, Electric Oven
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water, Electricity Connected
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Other
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.413
  • Lot Size Area: 0.413
  • Lot Size Units: Acres
  • Lot Size Square Feet: 17990.28
  • Multi Parcel ID: Yes
  • Parcel Number: 162552
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.85%
  • Gross Annual Expenses: $20,073
  • Gross Annual Income: $62,500
  • Insurance Expense: $4,400
  • Net Operation Income: $42,427.00
Unit 1
  • Average Lease Amount: $1,600.00
  • Living Area Length: 12.0
  • Living Area Width: 12.0
  • Master Bed Length: 11.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 4 Bedroom Or More
  • Unit Type Units Total: 1
Unit 2
  • Average Lease Amount: $1,500.00
  • Living Area Length: 12.0
  • Living Area Width: 12.0
  • Master Bed Length: 11.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Average Lease Amount: $1,200.00
  • Living Area Length: 12.0
  • Living Area Width: 12.0
  • Master Bed Length: 11.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Average Lease Amount: $1,000.00
  • Living Area Length: 12.0
  • Living Area Width: 12.0
  • Master Bed Length: 11.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 709 West Tyler 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 709 West Tyler Street

Taxable ValueLand$82,500Additions$849,008Total$931,508
Tax Record2023$15,673 ($1,306 / month)
Home Facts
Baths1Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtStories2Lot Size17,990 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973Year Renovated2005CountyELLISAPN25.9200.001.003.00.103

Schools near 709 West Tyler 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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Similar Sold Homes

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709 West Tyler Street is a multi-family home for sale in Ennis, TX 75119. This property was listed for sale on September 24, 2024 by Allie Beth Allman & Associates, it's currently listed at $725,000. It has been on the market for a total of 51 days and was last sold on August 10, 2023. 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. 709 West Tyler Street is a 10-bed, 7-bath, 5,040 sqft multi-family home built in 1973.

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 Allie Beth Allman & Associates, Shelly Adams

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