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206 S Gaines St

Ennis TX 75119

4
3
2
2924 sq. ft.
17249.76 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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 home offers the right buyer the chance to bring a distressed property back to life and capture substantial value on the back end. No utilities active.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2924 sq. ft. floor area
17249.76 sq. ft. lot size
Single-Family

Happy sellers in Ennis

92%
92% of sellers in Ennis reported that their sale price either exceeded or met their price expectations.

Ennis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Ennis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Ennis

In the last 12 months, 112 four-bedroom single-family properties similar to 206 S Gaines St, have been sold.

This represents a 5% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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