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    505 W 1st St, Ferris, TX 75125

    4beds
    1,200sqft
    Single Family Residence
    Built in 1972
    0.36 Acres Lot
    $87,900 Zestimate®
    $--/sqft
    $1,867 Estimated rent

    Home value

    $87,900

    $84,000 - $92,000

    $1,867/mo

    Zestimate® history
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    What's special

    Spacious lot
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anbriana Roberson 0699424 214-859-7888,

    eXp Realty LLC 888-519-7431

    Bought with:

    Margarita Hayden, 0703413

    Bian Realty

    Source: NTREIS,MLS#: 21314657

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 1 x 1
    Living room
    • Level: First
    • Dimensions: 1 x 1
    Appliances
    • Included: Electric Oven
    Features
    • Built-in Features, Pantry
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Blower Fan, Electric
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.36 Acres
    Details
    • Parcel number: 163155

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Detached
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1972

    Utilities & green energy

    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Subdivision: Orr
    HOA
    • Has HOA: No
    Location
    • Region: Ferris

    Financial & listing details

    • Tax assessed value: $167,077
    • Annual tax amount: $474
    • Date on market: 6/29/2026
    • Cumulative days on market: 7 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    7/27/2026Sold--
    Source: NTREIS #21314657 Report a problem
    7/7/2026Pending sale$100,000$83/sqft
    Source: eXp Realty #21314657 Report a problem
    6/29/2026Listed for sale$100,000-39.4%$83/sqft
    Source: NTREIS #21314657 Report a problem
    1/14/2026Listing removed$165,000$138/sqft
    Source: NTREIS #21138506 Report a problem
    1/5/2026Price change$165,000-8.3%$138/sqft
    Source: NTREIS #21138506 Report a problem
    12/29/2025Listed for sale$180,000$150/sqft
    Source: NTREIS #21138506 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$474 +0.6%$88,784 +10%
    2024$471 +8%$80,713 +10%
    2023$436 -6%$73,375 +10%
    2022$464 $66,705 +10%
    2021-- $60,641 +10%
    2020-- $55,128 -29.3%
    2019$428 +2.9%$77,930 +71%
    2018$416 $45,560 +0.4%
    2017$416 +7.6%$45,370 +16.5%
    2016$387 -7.7%$38,940 -0.8%
    2015$419 $39,240 -0.5%
    2014$419 $39,440 +1.2%
    2013-- $38,970 -0.1%
    2012-- $39,000 -3.3%
    2011-- $40,320 -0.8%
    2010-- $40,650 -2.3%
    2009-- $41,600 -5.2%
    2008-- $43,860 +3.8%
    2007-- $42,270 +5.9%
    2006-- $39,930 -3.5%
    2005-- $41,370 -2.5%
    2004-- $42,410
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 75125

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ingram
    • Middle: Ferris
    • High: Ferris
    • District: Ferris ISD

    Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $87,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $87,900