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.
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Price Unknown
500 W Milam St, Ennis, TX 75119
4beds
1,680sqft
Duplex, Multi Family
Built in 1940
8,624 Square Feet Lot
$172,300 Zestimate®
$--/sqft
$1,862 Estimated rent
Home value
$172,300
$164,000 - $181,000
$1,862/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Amelia Valdez 0579294 469-658-5506,
Amelia Valdez City Real Estate 469-658-5506
Bought with:
Jace Brewer
Amelia Valdez City Real Estate
Source: NTREIS,MLS#: 20871871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric, Window Unit(s)
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Eat-in Kitchen, Cable TV
- Flooring: Carpet, Hardwood, Laminate, Linoleum
- Has basement: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, No Garage, On Site
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,624 Square Feet
- Features: Level
Details
- Parcel number: 158516
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: O T Ennis
HOA
- Has HOA: No
Location
- Region: Ennis
Financial & listing details
- Tax assessed value: $282,972
- Annual tax amount: $5,222
- Date on market: 3/17/2025
- Cumulative days on market: 126 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | -- |
Source: NTREIS #20871871 Report a problem | ||
| 7/28/2025 | Pending sale | $188,000$112/sqft |
Source: NTREIS #20871871 Report a problem | ||
| 6/20/2025 | Price change | $188,000-5.1%$112/sqft |
Source: NTREIS #20871871 Report a problem | ||
| 3/17/2025 | Listed for sale | $198,000$118/sqft |
Source: NTREIS #20871871 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,140 +17.6% | $282,972 +16.7% |
| 2024 | $5,222 0% | $242,539 |
| 2023 | $5,224 +17.6% | $242,539 +30.7% |
| 2022 | $4,442 | $185,624 +9.4% |
| 2021 | -- | $169,740 +31.2% |
| 2020 | -- | $129,350 +9.5% |
| 2019 | $3,041 +105.8% | $118,180 +61.9% |
| 2018 | $1,478 | $73,000 +30.4% |
| 2017 | $1,478 +12.7% | $56,000 +13.2% |
| 2016 | $1,312 +0.4% | $49,450 +0.3% |
| 2015 | $1,306 | $49,320 |
| 2014 | $1,306 | $49,320 +20.1% |
| 2013 | -- | $41,060 -6.2% |
| 2012 | -- | $43,760 -7% |
| 2011 | -- | $47,030 -2.6% |
| 2010 | -- | $48,310 -0.4% |
| 2009 | -- | $48,500 -0.3% |
| 2008 | -- | $48,650 +6% |
| 2007 | -- | $45,900 +1.9% |
| 2006 | -- | $45,040 +0.1% |
| 2005 | -- | $45,000 +2.1% |
| 2004 | -- | $44,090 |
Find assessor info on the county website
Neighborhood: 75119
Nearby homes
- $207,500-- bd2 ba1.5k sqft504 W Milam St, Ennis, TX 75119Off Market
- $188,6001 bd1 ba722 sqft305 S Preston St, Ennis, TX 75119Off Market
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- $--1 bd1 ba722 sqft305 S Preston St APT B, Ennis, TX 75119Off Market
- $138,6003 bd-- ba802 sqft506 W Milam St, Ennis, TX 75119Off Market
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- $195,2004 bd3 ba2.8k sqft308 S Preston St, Ennis, TX 75119Off Market
Nearby schools
GreatSchools rating
- 6/10ALAMO MIDDLEGrades: 6Distance: 0.4 mi
- 3/10Ennis High SchoolGrades: 9-12Distance: 1.5 mi
- 3/10Jack Lummus Intermediate SchoolGrades: 4-5Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Houston
- High: Ennis
- District: Ennis ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$172,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$172,300
- Texas
- Ellis County
- Ennis
- 75119
- 500 W Milam St
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