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$375,000
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Property Description
**Call & ask how you can lower your payments for the first year.** Excellent investment opportunity in the heart of Ennis! This income-producing duplex at 506 W Baylor Street features two well-maintained units with reliable long-term tenants already in place. Each unit offers its own private entrance, private backyard space, and dedicated garage parking, providing added privacy and convenience for tenants. The downstairs unit features 1 bedroom, 1 bathroom, a full kitchen, and in-unit laundry. The upstairs unit offers 2 bedrooms, a full kitchen, in-unit laundry, and an additional third-floor bonus space perfect for a third bedroom, office, or extra storage. Both tenants consistently pay on time and take exceptional care of the property, making this a truly turnkey investment opportunity. Current lease terms extend through June 2026 for the downstairs unit and May 2027 for the upstairs unit, creating immediate and stable rental income for the next owner. Conveniently located near downtown Ennis shopping, dining, and local amenities, this property is an excellent addition to any investment portfolio.
Full Property Details
Full Property Details for 506 W Baylor St
General
- Price: $375,000
- Taxes: $7,933
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21269662
- Updated: 5/25/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Pantry, Cable TV, Natural Woodwork
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Garage
Location
- County: Ellis
- Subdivision: O T Ennis
- Driving Directions: From E Ennis Ave, Turn right onto N Kaufman St, Turn left onto E Baylor St.
School Information
- Elem School District: Ennis ISD
- Midd School District: Ennis ISD
- High School District: Ennis ISD
- Elementary School: Houston
- Middle School: Ennis
- High School: Ennis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Square Feet: 2,080
- Sq. Ft. Source: Public Records
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.234
- Lot Size (Sq. Ft.): 10,193.04
- Lot Features: Sprinkler System
Financial Considerations
- Tax Amount: $7,933
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT 3; PT 4 BLK 205 O T ENNIS .199 AC
- Property ID: 158478
- Block: 205
- Lot Number: 3
Listed by Realty Of America, LLC, Lydia Metcalfe
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Schools
Schools serving 506 W Baylor St
School District:Ennis Independent School District
| Name | Grades | Distance |
|---|---|---|
Jack Lummus Intermediate School 501 North Clay Street, Ennis, TX 75119 | 4-6 | 0.3 mi |
Bowie Elementary School, Ennis, TX 501 Jeter Drive, Ennis, TX 75119 | 1-3 | 0.9 mi |
David S Crockett Early Childhood C 1701 West Lampasas Street, Ennis, TX 75119 | PK-K | 1.2 mi |
Ennis J High School 3101 Ensign Road, Ennis, TX 75119 | 7-8 | 2.1 mi |
Ennis High School 2301 Ensign Road, Ennis, TX 75119 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 W Baylor St
Date
Details
Price
Change
Source
5/14/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 W Baylor St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,656
2%
$365,608
3%
2023
$7,492
—
$355,572
2%
2023
$7,492
63%
$347,803
27%
2022
$4,602
-25%
$274,620
13%
2021
$6,099
22%
$242,260
23%
2020
$5,012
2%
$196,980
5%
2018
$4,906
-6%
$187,200
-6%
2017
$5,228
29%
$198,100
29%
2016
$4,064
-17%
$153,220
-19%
2019
$4,894
84%
$190,180
87%
2015
$2,666
-9%
$101,650
-7%
2013
$2,915
—
$109,280
-1%
2013
$2,915
—
$110,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 W Baylor St
506 W Baylor Street, Ennis, TX 75119 (MLS# 21269662) is a Duplex property with 3 bedrooms and 2 full bathrooms. 506 W Baylor Street is currently listed for $375,000 and was received on May 14, 2026. Want to learn more about 506 W Baylor Street? Do you have questions about finding other Duplex real estate for sale in Ennis? You can browse all Ennis real estate or contact a Coldwell Banker agent to request more information.

