Pending

Listed by Terri Chase

Source: North Texas Real Estate Information Systems, Inc. #20938645

206 S Gaines St, Ennis, TX, 75119

$125,500

4
3
2
2924 sq. ft.
17249.76 sq. ft.

SingleFam

30+ days on the market

What's around 206 S Gaines St

About this property

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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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.

Looking for more information on 206 S Gaines St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$387,700
1305 Carnoustie Dr
Ennis TX 75119
4
3
2
Single-Family
Listing courtesy of Go Real Estate
For Sale
$269,900
1709 Mark Lane
Ellis County TX 75119
4
2
2
Single-Family
Listing courtesy of Legacy Realty Group
For Sale
$675,000
101 Orchard Acres Ct
Ennis TX 75119
4
4
2
Single-Family
Listing courtesy of Coldwell Banker Realty

Other properties for sale by LPT Realty LLC

For Sale
$275,000
2635 Linhaven Drive
Mesquite TX 75150
4
2
Single-Family
Listing courtesy of LPT Realty LLC
For Sale
$299,900
3013 Manuel Creek Dr
Little Elm TX 75068
3
2
2
Single-Family
Listing courtesy of LPT Realty LLC
For Sale
$300,000
1655 Hurricane Creek Road
Lawrenceburg TN 38464
2
1
4
Single-Family
Listing courtesy of LPT Realty LLC

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent