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Listing provided courtesy of eXp Realty LLC- MLS# 21314657MLS ProviderContact Information: Anbriana Roberson - 214-859-7888

505 W 1st StreetFerris, TX 75125

Single Family · 4 Beds · 2 Full Baths · 1,200 Sq. ft. | 0.36 Acres
$100,000 Active

505 W 1st Street Overview

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Pictures COMING SOON **Investment Opportunity – 505 W 1st St, Ferris, TX 75125** CASH ONLY! Positioned in the growing community of Ferris, just minutes south of the Dallas metro area, this property presents an excellent opportunity for investors seeking long-term appreciation and rental potential. Conveniently located near major transportation routes, schools, shopping, and local amenities, the home offers strong appeal to both tenants and future homeowners. The property features a spacious lot with room for improvements, making it ideal as a buy-and-hold rental, fix-and-flip, or value-add investment. As Ellis County continues to experience residential and commercial growth, properties in Ferris are attracting increasing attention from investors looking to capitalize on expanding demand outside the Dallas market. **Investment Highlights:** * Desirable location in the rapidly growing Ellis County market. * Convenient access to I-45 and the Dallas-Fort Worth metroplex. * Strong potential for rental income and long-term equity growth. * Spacious lot with opportunities for renovation or enhancement. * Suitable for investors seeking a flip, rental, or portfolio addition. Whether you're expanding your rental portfolio or searching for your next renovation project, this property offers a compelling opportunity in one of North Texas' emerging markets.

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505 W 1st Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,200
  • Price/Sq.ft. $83
  • Lot 0.36 Acres

Details

General

Association/HOA

  • Association: No

School Information

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

Building Information

  • Year Built: 1972

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: FERRIS
  • Subdivision Name: Orr

General Information

  • Listing Terms: Cash
  • Parcel Number: 163155
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

General Information

  • Appliances: Electric Oven
  • Basement: No
  • Fireplace Features: Blower Fan,Electric
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Built-in Features,Pantry
  • Levels: One
  • Living Area: 1200.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Garage

Lot Information

  • Lot Size Acres: 0.362
  • Lot Size Area: 15769.0
  • Lot Size Square Feet: 15769.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Detached
  • Attached Garage: No
  • Property Attached: No
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2.0
  • Pool Features: None
  • Utilities: Water Available

Room Information

Room: Living Room

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0
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505 W 1st Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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