223 E 2nd St Ferris, TX 75125
Estimated payment $1,164/month
About This Lot
THREE HOMES AND 4 LOTS IN PACKAGE DEAL!! This is a lot package totaling approximately 39,045 sqft with total asking price of $189,900 for all. Development opportunity! Calling all builders. Opportunity to tear down current structures or take on a full rehab. Plenty of renovations and new builds in this area, and close to I-45 to make an easy commute to Dallas. 3 lots currently have homes on them, and one is a vacant and contiguous with lot 223. Seller will finance!! with minimum 75k DP, over 12-18 months, rate 8%. Call agent 2 for all questions. End buyers only. All 3 lot mls numbers are 20844606, 20848318, 20848325, and parcel ID 188751. Also all listed in residential. Bring your ideas and offers!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,043
Year Built
- Built in 1950
Lot Details
- 0.35 Acre Lot
- Chain Link Fence
- Many Trees
Schools
- Ingram Elementary School
- Ferris High School
Community Details
- O T Ferris Mason Phelps Subdivision
Listing and Financial Details
- Assessor Parcel Number 188867
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $2,043 | $99,910 | $30,000 | $69,910 |
| 2022 | $2,136 | $91,987 | $24,000 | $67,987 |
| 2021 | $1,857 | $74,560 | $21,000 | $53,560 |
| 2020 | $1,702 | $69,810 | $20,000 | $49,810 |
| 2019 | $770 | $29,570 | $0 | $0 |
| 2018 | $390 | $14,990 | $5,000 | $9,990 |
| 2017 | $358 | $14,420 | $5,000 | $9,420 |
| 2016 | $314 | $12,640 | $5,000 | $7,640 |
| 2015 | -- | $13,360 | $5,000 | $8,360 |
| 2014 | -- | $13,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $179,900 | -5.3% | -- |
| 04/25/2025 04/25/25 | Price Changed | $189,900 | -5.0% | -- |
| 04/11/2025 04/11/25 | Price Changed | $199,900 | -13.1% | -- |
| 02/19/2025 02/19/25 | For Sale | $229,999 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20848325
APN: 188867
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