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$303,000

107 S WOOD, Ferris, TX, 75125

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.64 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size14,375 sqft

Building Information

Year Built1920
Stories2
Roof Type105
Garage Spaces2

Land Information

APN29.0824.000.022.00.105
Lot Number22
SubdivisionO T Ferris/Mason Phelps
Land UseResidential
Legal Description824 LOT 22 MASON PHELPS 0.33 ACRES
Census Tract060104
Assessed Land Value$65,000
Assessed Improvement Value$206,739
Assessment Year2025

About this property

!!MOTIVATED SELLER!! 4 Bedroom 4 Bath fully remodeled home with an oversized lot of 0.33. Home built in 1920 with all the modern updates quartez counter tops in kitchen and bathrooms with solid wood soft closing custom cabinets,new electrical, plumbing, roof, water heater, sheetrock, lamintate flooring,wood fencing, downstairs has 9 foot high ceilings with daylight LED lighting thoughtout home. Need plenty of room for family functions this home has it. 2 car garage with a 220 plug for all your workshop needs. Dont settle for a new build when you have it all here.Get your lender pre-approval letter or proof of funds ready and schedule an appointment today with seller price reduction this home will not last long.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$0Estimated Mortgage Balance
$74,026Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,031
$271,739
2025
$65,000
$206,739
$271,739
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,031
$271,739

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financing Corp
Conventional
$253,650
No
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,974
$74,026
24%
76%
$1,521/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,521/mo
+$1,051/mo
10.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Ferris

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