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$315,000

655 Ewing Road, Ferris, TX, 75125

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7.32 acres

Land Information

APN00.3206.000.028.00.105
SubdivisionDallas Farms
Land UseResidential
Legal Description28 DALLAS FARMS 7.32 ACRES
Census Tract060106
Assessed Land Value$124,440
Assessment Year2023

About this property

Approx. 7.52 acres (Lot 28) recently surveyed from the parent tract at 655 Ewing Rd, Ferris, TX. Features a mix of open pasture and wooded areas with approx. 254’ of road frontage. Located outside city limits & ETJ with no zoning. Utilities available including existing water meter tap and electric nearby. Completed survey available. Existing driveway shown; a recorded access agreement will be executed at closing, providing permanent ingress egress (standard for acreage splits and reviewed with title). Located in Flood Zone X (not in 100-year floodplain). Suitable for homesite, manufactured home, barndo, or agricultural use. Additional opportunity: Adjacent 12.020 acres at 821 Ewing Rd (MLS# 21260471) available separately or together for approx. 19.32 total acres. Buyer to verify all information, utilities, septic, and intended use.

Investor Tools

$0Estimated Mortgage Balance
$260,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Jim Bownds

Coldwell Banker Realty Plano

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,799
$124,440
2023
$124,440
N/A
$124,440
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,799
$124,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$260,000
100%
0%
$0/mo

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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