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$243,000

NAL Estimated Property Value

304 W 4th St, Ferris, TX, 75125

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.74 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size6,795 sqft

Building Information

Year Built1949
Stories1
Roof Type105

Land Information

APN29.2001.023.009.00.105
Lot Number9
SubdivisionO T Ferris-Rev
Land UseResidential
Legal DescriptionLOT 9 & W9 10 BLK 23 O T FERRIS-REV .156 AC
Census Tract060104
Assessed Land Value$55,000
Assessed Improvement Value$205,523
Assessment Year2025

About this property

Welcome to small town living with big charm at this beautifully updated 3 bedroom, 2 bath home in the heart of Ferris, Texas, just 20 miles south of Downtown Dallas for an easy commute while enjoying a slower pace of life. Built in 1949 and thoughtfully updated over the years, this adorable home blends timeless character with modern comfort across 1,595 square feet. From the moment you arrive, you will be drawn in by the gorgeous curb appeal, mature landscaping, and the spacious front porch, the perfect place to enjoy your morning coffee, visit with neighbors, decorate for the seasons, or unwind at the end of the day. Inside, warmth and character fill every space. The living room is truly something special featuring exposed original shiplap wood walls and ceiling along with a beautiful decorative fireplace that creates a cozy focal point and beautifully blends historic charm with modern style. Large bedrooms offer plenty of room to relax and make your own, while updates throughout provide comfort and convenience. Step outside to your own backyard retreat where mature trees create beautiful shade and a peaceful setting for entertaining, gathering with friends, or simply enjoying quiet evenings outdoors. Life in Ferris offers something special with a true sense of community. Proudly known as the home of the Ferris Yellowjackets, this close knit town celebrates traditions including the annual homecoming parade, Trade Days, and community events that make it easy to feel at home. When you are ready to explore, historic Ennis and Downtown Waxahachie are just a short drive away for shopping, dining, and local events while still being close to everything Dallas has to offer. This is more than a home. It is a place to slow down, settle in, and enjoy the lifestyle you have been looking for. Call today to book your showing! Note the living room photo has been virtually staged the fireplace is decorative only.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$135,500Estimated Mortgage Balance
$107,798Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,114
$240,200
2025
$55,000
$205,523
$260,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,114
$240,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$157,102
Yes
First
Aug 15, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,500
$129,500
48%
56%
$942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$942/mo
+$1,030/mo
9.7%

City: Ferris

304 W 4th St | Property Details | No Agent List