Last list price
536 Fm 983 Ferris, TX 75125
6
Beds
3
Baths
2,891
Sq Ft
3.9
Acres
Highlights
- Horses Allowed On Property
- Traditional Architecture
- 1-Story Property
About This Home
As of January 2025Attention 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
Monument Realty Brokerage Phone: 214-609-7867 License #0721799 Listed on: 10/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,102
Year Built
- Built in 1996
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
Ownership History
Date
Name
Owned For
Owner Type
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
Keller Williams Fort Worth
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.19%
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
Similar Homes in Ferris, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lawyers Title | |
| Vendors Lien | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $74,375 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2025 06/21/25 | Price Changed | $675,000 | -2.9% | $233 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $695,000 | +131.7% | $240 / 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 Compared to Growth
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 | $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
Agents Affiliated with this Home
-
Fernando Espinoza
Seller's Agent in 2025
Fernando Espinoza
Keller Williams Fort Worth
(682) 200-9580
263 Total Sales
-
Nancy Garcia
Seller's Agent in 2025
Nancy Garcia
Monument Realty
(214) 609-7867
290 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20744461
APN: 188918
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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