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$262,000

NAL Estimated Property Value

316 E 8th Street, Ferris, TX, 75125

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,121 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.89 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater
FlooringLaminate

Exterior

Lot Size11,500 sqft

Building Information

Year Built1915
Stories1

Land Information

APN29.6580.001.001.00.105 01
Lot Number1,2
SubdivisionMutz
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 1-2 BLK 1 MUTZ .264 AC - UDI: 50.000000%
Census Tract060104
Assessed Land Value$32,500
Assessed Improvement Value$71,965
Assessment Year2025

About this property

This in-town spacious 2BD, 2BA small family starter home has just completed a fresh remodel from top to bottom, inside and out! New everything!...new electric, plumbing, fans, lights, switches and plugs. All new vinyl plank floors throughout (carpet in the 2 bedrooms), new tub insert, new shower insert and new bathroom fixtures, new kitchen and bath cabinets, new appliances, new AC Heat System and laundry space too. All with fresh new paint inside and out with a fabulous new multi-decade metal roof. The colors are warm and neutral and the room sizes are just right...this house is ready to be made your NEW HOME!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$118,562Estimated Mortgage Balance
$143,438Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$98,575
2025
$32,500
$71,965
$104,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$98,575

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$137,464
Yes
First
Jun 19, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,562
$143,438
54%
45%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$825/mo
+$740/mo
7.2%

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