Ennis is a growing town of just over 18,000 people, located southeast of Dallas. Ennis used to be the last stop on the railroad line and the town grew up as a railroad town in the early days of Texas. Ennis is proud of its Western heritage. In fact, Ennis still elects a Town Marshall every year, an outdated practice in the United States. Today, Ennis is considered the "Bluebonnet Capital of North Texas" and celebrates this distinction each year.
Ennis, TX is a great place for affordable rent-to-own homes! With a median household income of over $63,203 and a median rent of $972, the Ennis, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Ennis, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Ennis, TX is seeing rapid growth and Ennis, TX's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Ennis, TX is part of Ellis county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Ellis is 1.84% which is above the national average, which is 0.99%.
Ennis, TX has a walk score of
Ennis, TX has a bike score of
The state tax rate is 0% on top of the federal tax rate of 10 to 37%.