$255,000
●
House -
Off Market
2306 Memphis Drive
Ennis, TX 75119
3 Beds
2 Baths,
1
Half Bath
2,639 Ft²
$289,807
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Come see this beautiful 3 bedroom, 2.5 bathroom home with a
stunning brick finish! This two-story Ennis home invites you into a
spacious open-plan living and dining area bathed in natural light.
The attached kitchen enjoys a breakfast bar, a kitchen island, and
a sliding glass door that leads directly to the backyard. Away from
the sizable living area is the relaxing, upstairs primary bedroom.
This bedroom is complete with an ensuite, full bathroom furnished
with plenty of closet space. Finally, a large fenced-in backyard
area is accessible from multiple parts of the home, perfect for
enjoying warm summer days outdoors with family. Located just
minutes from Bardwell Lake and I-45, this home is a must-see!
Unit Size
2,639 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$98
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #14652529)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Price Decreased |
$300,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Sep 26, 2024 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Sep 3, 2024 | Listed by Rendon Realty, LLC | $320,000 | |
| Listed by Rendon Realty, LLC | |||
| | |||
|
OPEN HOUSE NOV 2ND 12-2PM Discover this charming 3-bedroom, 2.5-bathroom home featuring an elegant brick exterior! The two-story layout of this Ennis residence welcomes you with a bright, open-plan living and dining area, filled with natural light. The well-appointed kitchen includes a white cabinets, a central island, and a sliding glass door that opens to the backyard. The upstairs primary bedroom offers a serene retreat, complete with an ensuite full bathroom and ample closet space. Enjoy outdoor living with a spacious, fenced-in backyard accessible from various parts of the home, perfect for summer gatherings. Seller has put a lot of love into the home, including updated HVAC system 2022, remodeled half bathroom, New Dishwasher and much more. Conveniently located just minutes from Bardwell Lake and I-45, The city of Ennis boosts the Big O Speedway, bluebonnet trails, a drive-in movie theater and more! Come tour this home today! Virtual Tour link available!
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Property Highlights
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Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ennis
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Listed by: Michelle Carr, Berkshire HathawayHS PenFed TX
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14652529
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14652529
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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