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$233,750

837 Serena Dr, Ferris, TX, 75125

$300,370 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.55 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size5,489 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN29.8314.905.027.00.105
Lot Number27
SubdivisionShaw Creek Ranch Ph 2
Land UseResidential
Legal DescriptionLOT 27 BLK E SHAW CREEK RANCH PH 2 0.126 AC
Census Tract060103
Assessed Land Value$55,000
Assessed Improvement Value$234,769
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home in the heart of Ferris! This well-laid-out home offers great natural light and a spacious backyard for outdoor enjoyment. Featuring an open layout and tall ceilings the home emulates spacious, warm, and inviting. Being sold in its current condition, it’s the perfect opportunity to bring your own vision and make it “home.” The community features a walking trail, playground, and sidewalks. The location is near schools, parks, and major commuting routes. Come see this adorable home! (An offer has been accepted, pending an executed contract, not currently available to receive any offers)

Investor Tools

Property Icon
$289,769
Estimated Property Value
$200,107Estimated Mortgage Balance
$91,995Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$300,369
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,737
$289,769
2025
$55,000
$234,769
$289,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,737
$289,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Unknown
$200,107
No
First
Sep 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,774
$91,995
31%
68%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,200/mo
+$772/mo
8.2%

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.

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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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837 Serena Dr | Property Details | No Agent List