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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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