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$225,000

138 Tanners Farm Rd, Ferris, TX, 75125

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$105.73 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Linoleum

Building Information

Year Built1999
Stories1

Land Information

APN00.8547.006.016.98.105
Lot Number16
Land UseResidential
Legal DescriptionLOT 16 BLK 6 TANNERS FARM SEC II IMP ONLY
Census Tract060103
Assessed Improvement Value$90,485
Assessment Year2025

About this property

This spacious four-bedroom, two-bath mobile home sits on over half an acre, offering a spacious setting and a layout with plenty of potential. Inside, you’ll find an open living area, a practical kitchen space, and a split-bedroom arrangement that includes a private primary suite. The large lot provides room for outdoor projects, additions, or creating the setup you’ve been envisioning. A solid opportunity for buyers looking to make a place their own. The property has been used for light livestock, giving buyers the option to continue with small-scale animals or simply enjoy the extra outdoor space. With its generous lot and versatile floorplan, this home offers a great opportunity for someone looking to make a place their own.

Investor Tools

Property Icon
$90,485
Estimated Property Value
$99,299Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Heather Richhart

United Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,914
$90,485
2025
N/A
$90,485
$90,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,914
$90,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Unknown
$99,299
No
First
Nov 23, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,193
N/A
0%
106%
$596/mo

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.

Explore Texas Explore This Area
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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138 Tanners Farm Rd | Property Details | No Agent List