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$259,000

311 E 9th St, Ferris, TX, 75125

$262,432 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Tile

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,841 sqft

Building Information

Year Built2002
Stories1
Roof Type105

Land Information

APN29.3160.000.007.00.105
Lot Number7
SubdivisionCunningham
Land UseResidential
Legal DescriptionLOT 7 CUNNINGHAM 0.18 AC
Census Tract060104
Assessed Land Value$55,000
Assessed Improvement Value$193,299
Assessment Year2025

About this property

Move-in ready this beautiful home with a nice drive-by appeal enhanced with a brick and iron front fence welcomes you with a covered front porch. Walk into a spacious living room, an updated kitchen and a separate dining room. Both baths have also been updated. The master bedroom is secluded in the back of the house with its private master bath. You will appreciate the lots of closet space this house offers. Walk outside to the large back yard with a high privacy fence and enjoy a huge gazebo perfect for outdoor living and extra entertaining space. Your family and friends gatherings will be making memories here. Landscaped with some trees and roses that refresh the air during the spring and summer days. The roof was recently replaced on June of 2026 and it was enhanced with a ridgevent for energy savings by keeping the attic cooler. The outside AC was replaced in 2024 and the hot water heater replaced in 2023. Come live in this charming small town atmosphere yet only 20 minutes from multicultural downtown Dallas. You will be happy here.

Investor Tools

$150,954Estimated Mortgage Balance
$105,653Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$262,432
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

Interested in this property?

Damaris Broce

Mersaes Real Estate, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,564
$248,299
2025
$55,000
$193,299
$248,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,564
$248,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$168,884
Yes
First
Dec 22, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,954
$106,046
41%
59%
$1,013/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,013/mo
+$959/mo
9.2%

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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311 E 9th St | Property Details | No Agent List