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114 Santa Fe

3.22 Acres of Commercial Land Offered at $1,200,000 in Ennis, TX 75119

Investment Highlights

  • Ennis continues to grow at a rate of about 5% yearly

Executive Summary

Take advantage of this opportunity to develop 21 duplexes (42 units) in the heart of Ennis, Texas. The offer includes a full set of engineering plans ready to submit for site construction permits

Property Facts

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 3.22 AC

1 Lot Available

Lot

Price $1,200,000
Price Per AC $372,671
Lot Size 3.22 AC

3.22 AC of Multi-Family Zoned land including a full set of engineering plans

Description

Consider this rare opportunity to develop 21 duplexes (42 units) in the heart of Ennis, Texas. The offer includes a full set of engineering plans ready to submit for site construction permits. Area rents suggest a fantastic investment opportunity. Ennis continues to grow at a rate of about 5% yearly, creating the demand for more housing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 161643
  • 161644
  • 203320
  • 161550
  • 203321
  • 161549
  • 161551
  • 161552
  • 161543
  • 161553
  • 161558
Land Assessment
$34,500
Improvements Assessment
$0
Total Assessment
$34,500

zoning

Zoning Code MF-1 (Mult iFamily)
MF-1 (Mult iFamily)
  • Listing ID: 33829617

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 114 Santa Fe, Ennis, TX 75119

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