NOT LISTED FOR SALE

260 E India Rd Ferris, TX 75125

Estimated Value: $272,969 - $496,000

6.2 Acres
$62,014 Price per Acre
270,072 Sq Ft Lot

Last Sold February 17, 2022

Current estimated payment $2,414/month

95 Days on Market

Highlights

  • 1 Stock Tank or Pond
  • Brush Vegetation
  • Level Lot
  • Pasture

About This Lot

As of February 2022

**BACK ON THE MARKET DUE TO BUYER FINANCING APPROVAL FALLING THROUGH**Gorgeous 6.2 acre property with a pond and 2500+ sq. ft geometric home built into the ground, fun remodel opportunity or chance to build your next home. This piece of land is less than 30 minutes to both Downtown Dallas and Ennis, providing a slower paced lifestyle with close access to the city. Small pond. Potential HORSE property.

**All showings require advance notice and are scheduled online through showingtime. Thank you for understanding.**

Last Agent to Sell the Property

Jennifer Rice

Compass RE Texas, LLC License #0639233 Listed on: 10/29/2021

Compass RE Texas, LLC

Last Buyer's Agent

Daniel Trigo

Keller Williams Prosper Celina License #0717822

Keller Williams Prosper Celina

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1985

Lot Details

  • 6.2 Acre Lot
  • Lot Dimensions are 300 x 900
  • Barbed Wire
  • Brush Vegetation
  • Level Lot
  • Cleared Lot
  • Few Trees
  • Zoning described as Agricultural,Residential

Schools

  • Ingram Elementary School
  • Ferris Middle School
  • Ferris High School

Farming

  • 1 Stock Tank or Pond
  • Pasture

Utilities

  • Propane
  • Sewer Not Available

Community Details

  • Mohundro Farm Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 152898
  • $3,896 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$3,871

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Easement(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Barbed Wire
  • Soil Type: Unknown
  • Number Of Tanks And Ponds: 1
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, Electricity Available, Propane, See Remarks, Sewer Not Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Streets Installed

Schools

  • School District: Ferris ISD
  • Elementary School: Ingram
  • High School: Ferris
  • School District: Ferris ISD
  • Elementary School: Ingram
  • Junior High School: Ferris
  • High School: Ferris

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Brush, Cleared, Few Trees, Level, Pasture, Tank/ Pond, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 6.2000
  • Lot Size: 300 X 900
  • Parcel Number: 152898
  • Lot Size Acres: 6.2000
  • Lot Size Sq Ft: 270072.0000
  • Subdivided: No
  • Zoning Description: Agricultural,Residential
  • Possible Use: Agricultural, Other, Single Family, Sheep/Goats
  • Present Use: Single Family
  • LandLeaseYN: No

Building Info

  • Year Built: 1985

Tax Info

  • Unexempt Taxes: 3896
  • Tax Lot: 31

MLS Schools

  • MiddleOrJuniorSchool: Ferris
  • Elementary School Name: Ingram
  • High School Name: Ferris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Mar 1, 2022
Sold by
Lakedale Investments Llc
Bought by
Jordan Venture Co Llc
Seller's Agent
Jennifer Rice
Compass RE Texas, LLC
Buyer's Agent
Daniel Trigo
Keller Williams Prosper Celina
List Price
$265,000
Current Estimated Value
$384,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$235,000
Outstanding Balance
$220,687
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$158,771

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 17, 2022
Sold by
Lakedale Investments Llc
Bought by
Jordan Venture Co Llc
Seller's Agent
Jennifer Rice
Compass RE Texas, LLC
Buyer's Agent
Daniel Trigo
Keller Williams Prosper Celina
List Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$220,687
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$158,771
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jordan Venture Co Llc -- None Listed On Document
Jordan Venture Co Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Venture Co Llc $235,000
Closed Jordan Venture Co Llc $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold -- -- --
02/01/2022 02/01/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $250,000 -5.7% $74 / Sq Ft
10/29/2021 10/29/21 For Sale $265,000 -- $78 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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
2024 $3,871 $268,000 $190,000 $78,000
2023 $3,871 $267,900 $190,000 $77,900
2022 $4,365 $279,989 $160,000 $119,989
2021 $3,780 $230,000 $105,000 $125,000
2020 $5,150 $280,240 $82,500 $197,740
2019 $4,454 $232,220 $0 $0
2018 $4,111 $214,350 $43,500 $170,850
2017 $3,211 $178,540 $43,500 $135,040
2016 $2,911 $161,860 $43,500 $118,360
2015 $2,814 $176,810 $43,500 $133,310
2014 $2,814 $171,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14700284

North Texas Real Estate Information Systems (NTREIS)

APN: 152898