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536 Fm 983, Ferris, TX, 75125

$300,000

Home List Price

$3,563*

Closing Credit

6 Bedrooms
3 Full Baths
2,891 SqFt
$104/SqFt
House

Location

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536 Fm 983, Ferris$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1996
MLS #20744461
Lot Size3.90 Acres
StatusActive

About 536 Fm 983

Attention investors! This massive 3.897-acre, 6-bedroom, 3-bath property, surrounded by a lot of new development, is a CASH ONLY, handyman special requiring a full renovation, ideally located in Ferris with quick access to incredible amenities, local schools, and nearby conveniences, all with a short commute to Dallas—perfect for transforming into a valuable investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1996
  • Living Area: 2,891 SqFt

Listing Office:

  • Office Name: Monument Realty
  • Office Phone: (214) 609-7867
  • Listing Agent: Nancy Garcia

Interior Features

Interior Information:

  • Basement: No
  • Interior: Decorative/Designer Lighting Fixtures

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 536 Fm 983
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 3.90 Acres

School Info

Assigned Schools Information:

  • Ferris High School, Public District Grades 9-12
  • Ferris Junior High School, Public District Grades 7-8
  • Lucy Mae McDonald Elementary School, Public District Grades 1-3
  • Ferris Intermediate School, Public District Grades 4-6

Other

Directions Information:

  • Directions: From I-45, exit 5th Street and go west. Turn left on Wood St. Turn right on 6th Street. Turn left on FM 983.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $4,192
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ferris, TX.

Med. List Price

$318.9K

Med. Price/SqFt

$185

Avg. Days On Market

79

# of Sold Homes

11

536 Fm 983 vs Ferris

33 DAYS ON ROCKET

-46 Days

$300,000

-$18.9K Less

$104/SqFt

-$81 Less

KEY TAKEAWAY

This property is $18.9K less than the Median List Price and $81/SqFt less than other homes in Ferris, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20744461

Listing Office:

  • Office Name: Monument Realty
  • Office Phone: (214) 609-7867
  • Listing Agent: Nancy Garcia

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,192$265,750
2020$4,191$247,430
2019$4,980$304,440
2018$4,980$259,690
2017$3,682$203,360

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1921867
4
/10
  • Lucy Mae McDonald Elementary School

  • 500 Fm 983

  • 0.20 miles

  • Public District Grades 1-3

school-card-donut-1921868
3
/10
  • Ferris Intermediate School

  • 601 Fm 664

  • 0.57 miles

  • Public District Grades 4-6

Middle School

school-card-donut-1921869
4
/10
  • Ferris Junior High School

  • 1002 E 8th St

  • 1.54 miles

  • Public District Grades 7-8

High School

school-card-donut-1921870
4
/10
  • Ferris High School

  • 1002 E 8th St

  • 1.54 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,823. Residents of Ferris, TX typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 536 Fm 983

What is the listing price of this property?

The listing price of 536 Fm 983 property is $300,000.

What type of property is this?

The property 536 Fm 983 is a house located in Ferris, Texas, 75125.

Is this property for sale now?

Active Listing: 536 Fm 983 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 536 Fm 983 are:
Lucy Mae McDonald Elementary School: GreatSchools Rating 4/10
Ferris Intermediate School: GreatSchools Rating 3/10
Ferris Junior High School: GreatSchools Rating 4/10
Ferris High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,192 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 536 Fm 983 has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 536 Fm 983 is 2,891 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 536 Fm 983 is 1996.

Rocket HomesTexasEllis CountyFerris75125536 Fm 983

This home is located at 536 Fm 983 in Ferris, TX and zip code 75125. This 2,891 square foot home, which was built in 1996, sits on a 3.90 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $300,000.

In October 2024 median list price was $318,950 and the average listing age was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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