NOT LISTED FOR SALE

516 Micah Ln Ferris, TX 75125

Estimated Value: $307,000 - $314,000

4 Beds
2 Baths
1,803 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 27, 2021

Current estimated payment $2,239/month

Highlights

  • New Construction
  • 1-Story Property
  • 2-Car Garage with two garage doors
  • Home Security System
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of January 2022

Brand new single-story home at Shaw Creek Ranch in Ferris.
4 bedrooms and 2 full baths. Refrigerator is available.
This home comes energy-efficient features.
The landlord requests that the applicants monthly income should be 3 times of rent.
Credit score >650, No eviction or file bankruptcy history.
Pets will be approved case by case. Pet deposit it $350 per pet, and pet fee is $25 per pet per month.

Last Agent to Rent the Property

Longbin Li

31 Realty, LLC License #0643382 Listed on: 01/01/2022

Last Renter's Agent

Kim Bogney

Keller Williams Prosper Celina License #0713119

Keller Williams Prosper Celina

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,621 Sq Ft Lot
  • Wood Fence

Parking

  • 2-Car Garage with two garage doors

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,803 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Municipal Utilities District

Community Details

  • Shaw Crk Ranch Ph 2 Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,950
  • Tenant pays for all utilities, electricity, gas, grounds care, insurance, sewer, water
  • $50 Application Fee
  • Legal Lot and Block 32 / C
  • Assessor Parcel Number 277195

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Breed Restrictions
  • Deposit Amount: 1950
  • Pet Deposit: 300
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., Written Application (+)
  • Lease Type: 1 Year Plus, Yearly
  • Monthly Pet Fee: 25
  • Tenant Pays: All Utilities, Electricity, Gas, Grounds Care, Insurance, Sewer, Water
  • App Fee Payable To: LONGBIN LI
  • Application Fee: 50
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Divide, No Livestock, No Mobile Home, No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Security: Security System
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Non Refundable Pet Fee Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Ratio Current Price By Building: 1.08153
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Square Footage: 1803.00
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Fencing: Fenced, Wood
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Vehicles: 3
  • Parking Features: 2-Car Double Doors, Garage
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None
  • Number Of Days Guests Allowed: 14

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1520
  • Parcel Number: 277195
  • Lot Size Acres: 0.1520
  • Lot Size Sq Ft: 6621.1200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: C
  • Tax Lot: 32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Dec 13, 2021
Sold by
Lgi Homes Texas Llc
Bought by
Wu Di
Seller's Agent
Longbin Li
31 Realty, LLC
Buyer's Agent
Kim Bogney
Keller Williams Prosper Celina
Current Estimated Value
$310,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.05%
Original Mortgage
$247,920
Outstanding Balance
$228,021
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$82,479
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wu Di -- Etx
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Di $247,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Rented $1,950 0.0% --
01/01/2022 01/01/22 For Rent $1,950 0.0% --
12/27/2021 12/27/21 Sold -- -- -- View Prior Sale
10/15/2021 10/15/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $309,900 -- $172 / 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
2025 $7,379 $329,071 $55,000 $274,071
2024 $7,379 $316,086 $30,000 $286,086
2023 $7,379 $336,788 $30,000 $306,788
2022 $7,168 $308,711 $24,000 $284,711
2021 $366 $14,700 $14,700 $0
2020 $20 $840 $840 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2022

    Longbin Li

    31 Realty, LLC

    (214) 683-1676

    41 Total Sales

    Longbin Li
    Section Image
  • Kim Bogney

    Tenant's Agent in 2022

    Kim Bogney

    Keller Williams Prosper Celina

    (469) 667-6951

    29 Total Sales

    Kim Bogney
    Section Image
  • Dale Dale Hill

    Seller's Agent in 2021

    Dale Dale Hill

    LGI Homes

    (281) 362-8998

    6,027 Total Sales

    Dale Dale Hill
    Section Image

  • W

    Buyer's Agent in 2021

    Weili Sun

    Novus Real Estate

    (972) 824-5012

    10 Total Sales

    Weili Sun
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14732555

North Texas Real Estate Information Systems (NTREIS)

APN: 277195

Texas Ellis County Ferris 75125

516 Micah Ln, Ferris, TX

Not Listed for Sale

Detached

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