$394,051
NAL Estimated Property Value261 Newton Rd, Ferris, TX, 75125
$431,529 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile
Exterior
Lot Size1 acre
Building Information
Year Built2001
Stories1
Roof Type105
Garage Spaces4
Land Information
APN99.0003.000.458.00.105
SubdivisionR Pena
Land UseResidential
Legal Description3 R PENA 1 ACRES
Census Tract060105
Assessed Land Value$125,000
Assessed Improvement Value$269,051
Assessment Year2025
About this property
New Roof!! Find your secluded luxury in Ellis county. On one acre and no restrictions, this home is a country lovers dream as it offers seclusion from the city life, but is still just a 20 minute commute to Dallas. The large 1200 sqft shop is a handyman's dream, tall enough for a lift and wide enough to park any project you desire. Use the second living area and bar to throw your house warming party. Centrally located to Waxahachie, Red Oak, and Ennis. Stainless steel appliances to convey.
Investor Tools
$394,051
Estimated Property Value
$368,078Estimated Mortgage Balance
$25,973Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$431,529
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,705
$394,051
2025
$125,000
$269,051
$394,051
No
Tax History
Year
Tax Paid
Assessed Value
2018
$3,705
$394,051
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$395,000
Yes
First
Sep 12, 2022
Oct 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,078
$25,973
6%
93%
$2,369/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,369/mo
$-397/mo
6.0%
