NOT LISTED FOR SALE

536 Fm 983 Ferris, TX 75125

Estimated Value: $664,681 - $675,000

6 Beds
3 Baths
2,891 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 08, 2025

Current estimated payment $4,171/month

39 Days on Market

Highlights

  • Horses Allowed On Property
  • Traditional Architecture
  • 1-Story Property

About This Home

As of January 2025

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.

Last Agent to Sell the Property

Nancy Garcia

Monument Realty Brokerage Phone: 214-609-7867 License #0721799 Listed on: 10/03/2024

Monument Realty

Last Buyer's Agent

Fernando Espinoza

License #0561493

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 3.9

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Siding

Interior Spaces

  • 2,891 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • 3.9 Acre Lot
  • Horses Allowed On Property

Community Details

  • Mason Phelps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 188918
  • $6,874 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

3.9 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 214-609-7867
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Square Footage: 2891.00
  • Interior Amenities: Decorative Lighting
  • Appliances: Other
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Construction Materials: Brick, Siding

Garage/Parking

  • Parking Features: Driveway
  • GarageYN: No

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 3.8970
  • Parcel Number: 188918
  • Lot Size Acres: 3.8970
  • Lot Size Sq Ft: 169753.3200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1996

Tax Info

  • Unexempt Taxes: 6874

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Jan 15, 2025
Sold by
Salcedo Nancy Martinez Bustos
Bought by
Hernandez Antonio
Seller's Agent
Nancy Garcia
Monument Realty
Buyer's Agent
Fernando Espinoza
List Price
$350,000
Views
102
Current Estimated Value
$669,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.17%

Purchase Details

Listed on
Oct 3, 2024
Closed on
Jan 7, 2025
Sold by
Bustos-Saucedo Nancy Martinez
Bought by
Dominguez Claudia Ruiz and Velazquez Jose Trinidad
Seller's Agent
Nancy Garcia
Monument Realty
Buyer's Agent
Fernando Espinoza
List Price
$350,000
Views
102

Purchase Details

Closed on
Oct 12, 2005
Sold by
Serrano Adan M
Bought by
Martinez Santos and Martinez Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,375
Interest Rate
8.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hernandez Antonio -- Lawyers Title
Dominguez Claudia Ruiz -- Lawyers Title
Martinez Santos -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Santos $74,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold -- -- --
11/12/2024 11/12/24 Pending -- -- --
10/28/2024 10/28/24 Price Changed $300,000 -14.3% $104 / Sq Ft
10/03/2024 10/03/24 For Sale $350,000 -- $121 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $7,102 $425,000 $200,000 $225,000
2024 $7,102 $491,754 $170,000 $321,754
2023 $7,102 $475,500 $170,000 $305,500
2022 $5,518 $353,929 $140,000 $213,929
2021 $4,368 $265,750 $80,000 $185,750
2020 $4,547 $247,430 $72,000 $175,430
2019 $5,839 $304,440 $0 $0
2018 $4,980 $259,690 $27,500 $232,190
2017 $3,658 $203,360 $27,500 $175,860
2016 $3,193 $177,540 $41,410 $136,130
2015 $3,308 $189,730 $41,410 $148,320
2014 $3,308 $187,050 $0 $0
Source: Public Records

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20744461

North Texas Real Estate Information Systems (NTREIS)

APN: 188918

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