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$297,000

NAL Estimated Property Value

1061 Western Hills Dr, Ferris, TX, 75125

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,770 Sq Ft
price_per_sqft$172.32 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Concrete, Laminate

Exterior

Lot Size9,583 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN29.9234.903.033.00.105
Lot Number33
SubdivisionWestern Hills 3
Land UseResidential
Legal DescriptionLOT 33 BLK C WESTERN HILLS 3 .22 AC
Census Tract060104
Assessed Land Value$65,000
Assessed Improvement Value$232,000
Assessment Year2025

About this property

Discover the perfect blend of modern living and small-town charm in this stunning 3-bedroom, 2-bathroom home built in 2019, located in the welcoming community of Ferris, Texas. This beautifully designed residence offers an open floor plan living, dining, and kitchen perfect for entertaining or family gatherings. The office can be utilized for those working from home or as a fourth bedroom if needed. Ample space for outdoor activities, gardening, or even adding a pool, the possibilities are endless! The outdoor space is perfect for enjoying the upcoming breezy fall evenings, hosting barbecues, or relaxing with a good book. Close to Downtown Dallas for commuting and all Dallas has to offer. Just a short drive to Waxahachie for shopping and dining. Ferris offers a friendly, small-town atmosphere ideal for those seeking small town living while having easy access to city amenities and local conveniences. Close to local schools, making this the ideal home for families. Come look today!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$281,131Estimated Mortgage Balance
$15,869Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,018
$297,000
2025
$65,000
$232,000
$297,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,018
$297,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$289,750
No
First
Sep 17, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,131
$15,869
5%
95%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,738/mo
+$234/mo
8.0%

City: Ferris

1061 Western Hills Dr | Property Details | No Agent List