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206 S Gaines Street
Ennis TX 75119 US

$125,500

Active Under Contract Listing ID 20938645
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4 bed
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3.00 Bath (3 Full)
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Lot: 0.40 Acres
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Single Family Residence

$125,500

Active Under Contract Listing ID 20938645
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206 S Gaines Street 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 Additionally, the electrical system is outdated and does not meet current code—rewiring will be necessary.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.

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Property Features

  • Facts
  • Lot Size: 0.40 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air, Electric
  • Exterior Finish: Covered Patio/Porch, Fence
  • Floor Covering: Tile, Tile - Ceramic, Wood
  • Roof Type: Composition
  • Heating Fuels: Central, Electric (Heating), Fireplace(s)
  • Additional Features
  • Fireplace
  • Patio

School Information

  • School
  • Bowie(Elementary)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 125500
  • unparsedaddress: 206 S Gaines Street
  • postalcity: Ennis
  • stateorprovince: TX
  • country: US
  • postalcode: 75119
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.396
  • lotsizeunits: Acres
  • lotsizearea: 0.396
  • livingarea: 2924
  • livingareaunits: Square Feet
  • latitude: 32.324306
  • longitude: -96.630554
  • listagentfullname: Terri Chase
  • listagentemail: terrichasehomes@gmail.com
  • listagentkey: 3yd-NTREIS-0651296
  • listagentmlsid: 0651296
  • listagentpreferredphone: 8773662213
  • listagentofficephone: 8773662213
  • listofficekey: 3yd-NTREIS-LPTR01
  • listagentstatelicense: 0651296
  • listofficemlsid: LPTR01
  • disclaimer: Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1940
  • listagenturl: http://WWW.TERRICHASE.LPTREALTY.COM
  • countyorparish: Ellis
  • parcelnumber: 158500
  • elementaryschool: Bowie
  • appliances: Dishwasher, Washer
  • cooling: Central Air, Electric
  • flooring: Tile, Tile - Ceramic, Wood
  • heating: Central, Electric (Heating), Fireplace(s)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway, On Street
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Kitchen Island, Vaulted Ceiling(s)
  • exteriorfeatures: Covered Patio/Porch, Fence
  • architecturalstyle: New Traditional
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • patioandporchfeatures: Patio, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.630554, 32.324306
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LPT Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"terrichasehomes@gmail.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"txbrokers@lptrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NTREIS/03cbe4a116f411ef85010242ac110003/20241016201206044.png", "ListBrokerageName":"LPT Realty LLC", "ListBrokeragePhone":"(877) 366-2213", "ListBrokeragePostalCode":"77049", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"13315 Wallisville Rd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"13315 Wallisville Road", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0638245", "ListOfficeCity":"Houston", "ListOfficeCountry":"US", "ListOfficeEmail":"txbrokers@lptrealty.com", "ListOfficePostalCode":"77049", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence, Traditional - Ennis, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/206-S-Gaines-St_Ennis_TX_75119_M70266-83521?f=listhub&s=NTREIS&m=20938645&c=rexren", "MLSModificationTimestamp":"2025-10-02T10:09:31Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/14/2025 2:35:54 AM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Terri Chase, LPT Realty, LLC, terrichasehomes@gmail.com

Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.