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$154,900

208 Redbud Street, Ferris, TX, 75125

$201,370 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.36 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesVented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Lot Size11,805 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN29.8390.001.006.00.105
Lot Number6
SubdivisionSouthern Hills
Land UseResidential
Legal DescriptionLOT 6 BLK 1 SOUTHERN HILLS .271 AC
Census Tract060104
Assessed Land Value$65,000
Assessed Improvement Value$160,944
Assessment Year2025

About this property

This cozy home has been very well cared for. There's been plenty of cosmetic upgrades such as flooring, cabinets, and countertops. With three bedrooms, and one and a half bath you'll find there's plenty of room for the entire family. You'll also find a HUGE back yard with a HUGE covered patio great for the kids' imagination to run wild, and great for those big family cookouts as well.

Investor Tools

Property Icon
$225,944
Estimated Property Value
$0Estimated Mortgage Balance
$106,534Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$201,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,377
$225,944
2025
$65,000
$160,944
$225,944
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,377
$225,944

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Members First Mortgage Llc
Conventional
$121,000
No
First
Aug 6, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,410
$106,534
47%
53%
$726/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$726/mo
+$1,246/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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208 Redbud Street | Property Details | No Agent List