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$361,187

NAL Estimated Property Value

300 E 8th Street, Ferris, TX, 75125

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
price_per_sqft$135.71 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Other, Refrigerator
FlooringCeramic Tile, Laminate, Other

Exterior

Lot Size11,021 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces4

Land Information

APN29.0824.000.070.00.105
Lot Number71
SubdivisionO T Ferris/Mason Phelps
Land UseResidential
Legal Description824 LOT 71 MASON PHELPS 0.253 ACRES
Census Tract060104
Assessed Land Value$65,000
Assessed Improvement Value$296,187
Assessment Year2025

About this property

Gorgeous New Construction Custom Home!! Open Floor Plan With Huge Island In The Kitchen Overlooking The Living Room. Home Offers A Smart Box In The Closet Which Offers Custom Electricity Around The Entire Home. All Bathrooms Have A Custom Touch of its Own. Easy Access To Hwy 45. L Shape Driveway. Great Size Home With A Great Size Back Yard To Enjoy It With Your Family Or Even Add A Pool. Don't Miss This Great Opportunity And Schedule A Showing Today!

Investor Tools

Property Icon
$361,187
Estimated Property Value
$238,235Estimated Mortgage Balance
$122,952Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,167 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,037
$361,187
2025
$65,000
$296,187
$361,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,037
$361,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$266,000
No
First
Dec 8, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,235
$122,952
34%
66%
$1,595/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,595/mo
+$377/mo
6.6%

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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300 E 8th Street | Property Details | No Agent List