For Sale
$1,200,000

114 Santa Fe Ennis, TX 75119

Prime 3.226-acre Ennis development site. 42-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 3.226-acre parcel in Ennis, Texas, presents a rare development opportunity. Zoned MF-1, it's approved for multi-family residential use, with a maximum density of 18 units per acre. Complete engineering plans are included, encompassing both offsite water/sewer connections (Phase I) and site construction (Phase II), streamlining the permitting process. The plans support the development of 21 duplexes, totaling 42 units. Ennis's robust growth, approximately 5% annually, fuels strong rental demand, making this a compelling investment. The property's location offers convenient access to three Ennis ISD schools (Early Childhood Center, Elementary, Intermediate, and High School) all within a half-mile radius. Asking price is $1,200,000. This is a turnkey opportunity to capitalize on Ennis's thriving housing market. The property is located at 114 Santa Fe, Ennis, Ellis County, Texas, 75119.

Highlights

  • 21 duplex lots (42 units) available.
  • Engineering plans complete for water/sewer and site construction.
  • Zoned MF-1, allowing up to 18 units per acre.
  • Three Ennis ISD schools within a half-mile radius.

Property Details for 114 Santa Fe

Property type
Land
Lot Size (sq. ft)
140,525 SF

Location Insight

City
Ennis
County
Ellis
State
Texas
Latitude
32.31258
Longitude
-96.63258

FAQs

What type of property is this?
Land - Prime 3.226-acre Ennis development site. 42-unit potential.
Where is the land located?
The property is located at 114 Santa Fe Ennis, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 21 duplex lots (42 units) available.; Engineering plans complete for water/sewer and site construction.; Zoned MF-1, allowing up to 18 units per acre.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
114 Santa Fe
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message