160 Hopewell RdEnnis, TX 75119

  • Commercial real estate
  • 1,500 SF
For Sale
$160,000 View listing

Property Details for 160 Hopewell Rd

Year built
1970
Construction
WOOD
Lot size
4.30 AC
Property size (Sq ft)
1,500 SF
Property type
Commercial real estate
APN
99.0001.000.530.00.103
APU
99000100053000103

Description

This exceptional 4.3-acre property in Ennis, Texas, presents a unique investment opportunity. Located at 160 Hopewell Road, 75119, this distressed sale includes two buildings totaling 4,154 square feet, built in 1995. The property features a main church building and a separate parsonage, both single-story structures. The permitted zoning is commercial, offering a wide range of potential uses. The expansive lot size provides ample space for future development or expansion. This property is ideal for adaptive reuse, allowing for creative repurposing to meet a variety of community needs. The existing structures offer a solid foundation for a renovation project, providing the opportunity to revitalize this historic property and create a thriving new community asset. The asking price is $160,000, reflecting the distressed sale condition. This is a rare chance to acquire a significant property in Ellis County with substantial potential. The property's versatility and location make it an attractive investment for those seeking a unique project with high upside. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $292,827
    Hospitality
    $268,228
    Educational
    $223,163
    Medical
    $230,838
    Retail
    $347,142

Location Insight

City
Ennis
County
Ellis
State
Texas
Latitude
32.3108
Longitude
-96.4665
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$286,581
$226,619
$513,200
-
$286,581
$226,619
$513,200

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