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$164,900
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Property Description
Come live next to Old City Lake and spend your afternoons and weekends fishing, boating, or enjoying the 4.3 acre Kiwanis Neighborhood Park with its nicely updated playground and walking trail connecting to the Ivan Goodwin Walking Trail. This property needs a complete makeover including some foundation work, but if you are up to the task, it could be a GREAT place to call home! There is a nice sized living room with built in shelving as you enter the home which flows directly into the dining area that is right off the kitchen. The galley style kitchen has significant cabinet space, a counter top stove, and a built in oven. There is a full guest bath down the hall to the left and the master bedroom at the end of the hall has an ensuite half bath for your convenience. PLEASE NOTE - the master bath could definitely be extended to a full bath by consolidating the square footage available in the hall closet that is adjacent to the master bath just outside the master bedroom. The home sits on almost a third of an acre so the fenced backyard is very large with room for entertaining or hanging out with your family playing games in the yard or simply relaxing with a cup of coffee on the back patio. There are also two storage buildings in the backyard which provide quite a bit of space for your lawn equipment, extra toys, or seasonal items. The garage door has been replaced with a standard entry door but the garage has not been finished out inside, so it would be quite simple to reinstall a garage door and use the garage for parking if desired. There is also a utility room built into the garage. It's worth taking a look at this price. Come see if you could make this house your home!
Full Property Details
Full Property Details for 507 Lake Shore Dr
General
- Price: $164,900
- Taxes: $4,740
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21100881
- Updated: 12/1/2025
- Added to Site: 78 day(s) ago
Interior
- Interior Features: Built-in Features, High Speed Internet, Paneling/Wainscoting, Cable TV
- Appliances: Electric Cooktop, Electric Oven, Gas Water Heater
- Flooring: Carpet, Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, Garage Faces Front, Garage, On Street
Location
- County: Ellis
- Subdivision: Preston Hills
- Driving Directions: From Hwy 287, exit Business 287. Turn Left on Jeter Drive. Right on Country Club Road. Left on North Preston Street. Left on Lake Shore Drive. Home is third home on the right.
School Information
- Elem School District: Ennis ISD
- Midd School District: Ennis ISD
- High School District: Ennis ISD
- Elementary School: Austin
- High School: Ennis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,418 Sq. Ft.
- Year Built: 1959
Additional Structures
- Other Structures: Outbuilding, Shed(s), Storage
Lot Features
- Lot Size (Acres): 0.305
- Lot Size (Sq. Ft.): 13,285.8
- Sidewalks: Yes
- Lot Features: Back Yard, Lawn, Landscaped, Subdivision, Few Trees
- Fencing (Description): Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,740
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOT 16 BLK 3 PRESTON HILLS .305 AC
- Property ID: 161431
- Block: 3
- Lot Number: 16
Listed by Go Flat Fee, Wayne Barnes
Get Pre-Approved Today
Schools
Schools serving 507 Lake Shore Dr
School District:Ennis Independent School District
| Name | Grades | Distance |
|---|---|---|
Austin Elementary School, Ennis, TX 1500 Austin Drive, Ennis, TX 75119 | 1-3 | 0.4 mi |
G W Carver Early Childhood Center 600 E Mlk Dr, Ennis, TX 75119 | PK-K | 1 mi |
Dorie Miller Int 2200 West Lampasas Street, Ennis, TX 75119 | 4-6 | 2.3 mi |
Ennis J High School 3101 Ensign Road, Ennis, TX 75119 | 7-8 | 3.2 mi |
Ennis High School 2301 Ensign Road, Ennis, TX 75119 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Lake Shore Dr
Date
Details
Price
Change
Source
12/01/2025
Price Reduced
$164,900
-5.72%
MLS
11/18/2025
Price Reduced
$174,900
-7.9%
MLS
10/31/2025
Listed
$189,900
—
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 507 Lake Shore Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,332
446%
$220,152
9%
2023
$793
—
$201,168
70%
2023
$793
313%
$118,550
-33%
2022
$192
-76%
$177,770
15%
2021
$793
—
$154,960
10%
2020
$793
-59%
$141,130
92%
2018
$1,929
7%
$73,610
8%
2017
$1,800
—
$68,220
—
2016
$1,805
5%
$68,050
3%
2015
$1,727
-17%
$65,850
-19%
2019
$2,084
13%
$80,971
23%
2013
$1,850
—
$65,880
-6%
2013
$1,850
—
$69,860
—
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 507 Lake Shore Dr
507 Lakeshore Drive, Ennis, TX 75119 (MLS# 21100881) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 507 Lakeshore Drive is currently listed for $164,900 and was received on October 31, 2025. Want to learn more about 507 Lakeshore Drive? Do you have questions about finding other Single Family real estate for sale in Ennis? You can browse all Ennis real estate or contact a Coldwell Banker agent to request more information.

