Ennis, TX 75119 500 W Milam Street
$198,000
Presented By: Amelia Valdez with Amelia Valdez City Real Estate; 469-658-5506
Beds • 4
Baths • 2
SQFT • 1,680
Home Details
Income-Producing Property Near Historic Downtown Ennis
This exceptional income-producing property offers a prime location just minutes from historic downtown Ennis. The property features two units: Side B has been remodeled, while Side A is occupied by long-term tenants on a month-to-month lease, providing immediate rental income and flexibility for future plans.
Situated within walking distance to charming shops, popular restaurants, and scenic parks, this property is ideal for investors looking for a well-located asset with strong rental potential. Whether you're looking to continue its current use or explore new opportunities, this duplex is a fantastic investment in a growing and desirable area.
Presented By: Amelia Valdez with Amelia Valdez City Real Estate; 469-658-5506
Interior Features for 500 W Milam Street
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Hardwood, Laminate, Linoleum
Heating Y/NYes
Interior AmenitiesEatInKitchen, CableTv
General for 500 W Milam Street
Additional Parcels Y/NNo
AppliancesElectricRange, ElectricWaterHeater
Attached Garage No
AttributionContact469-658-5506
Cap Rate0.0
Carport Y/NNo
CityEnnis
Construction MaterialsFrame
CoolingCentralAir, Electric, WindowUnits
CountyEllis
DirectionsWEST ON ENNIS AVE LEFT ON SOUTH PRESTON PROPERTY ON PRESTON AND MILAM.
DisclosuresEasements
Electric On Property Y/NNo
Elementary SchoolHouston
Elementary School DistrictEnnis ISD
Full Baths2
Garage Y/NNo
Gross Income0.0
HOANo
HeatingCentral, Electric
High SchoolEnnis
High School DistrictEnnis ISD
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 1 & E1/2-2 BLK 200 O T ENNIS 0.198 AC
LevelsOne
Lot Size Square Feet8624.88
Lot Size UnitsAcres
Middle/Junior School DistrictEnnis ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-17T15:13:32.783-00:00
Net Operating Income0.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameO T Ennis
Tax Annual Amount5222.0
Tax Lot2
UtilitiesSewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1940
Year Built DetailsPreowned
Exterior for 500 W Milam Street
Building Area Total1680.0
Crops Included Y/NNo
Foundation DetailsPillarPostPier
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.198
Lot Size Area0.198
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAdditionalParking, NoGarage, OnSite
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Houston Elementary School
High School
Ennis High School
Middle School
N/A
Mec Cheney
Realtor