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$469,999

1061 S Main Street, Ferris, TX, 75125

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths3 Bath
Baths2,500 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$188 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Oven, Microwave
FlooringCarpet, Hardwood, Linoleum

Exterior

Exterior FeaturesLighting

Building Information

Year Built2018
Stories1

Land Information

APN99.0824.000.309.98.105
Land UseResidential
Legal Description824 MASON PHELPS- IMP ONLY
Census Tract060104
Assessed Improvement Value$84,376
Assessment Year2026

About this property

2 DWELLINGS, 1 SITE UNIQUE OPPORTUNITY - 2 ACRES A rare opportunity to combine residential living, income-producing potential, and the tranquility of country living all within convenient reach of Downtown Dallas. Situated on an expansive 2-acre tract with mature trees, this distinctive property features two separate dwellings, offering exceptional versatility for homeowners, investors, or buyers seeking a multigenerational living arrangement. The mobile residence is new construction thoughtfully modernized, providing contemporary comfort and move-in-ready convenience. The second dwelling is partially completed, presenting an attractive opportunity for customization, future rental income, or additional living accommodations. Enjoy the privacy and open space of a country estate, complete with 3 porches, livestock-permissible land, and a separate two-story storage building featuring its own front deck. Strategically positioned near Interstate-45, the property offers convenient connectivity to Downtown Dallas. Live in one residence and explore the income potential of the other. Whether envisioned as a private homestead, multigenerational compound, or residential investment, this unique offering delivers an uncommon combination of lifestyle appeal, land ownership, and long-term potential. Any information used to advertise this listing is speculative in nature we make no guarantee or warranty regarding the information contained. Br0ker, agnt & seller expressly disclaim any warranty with respect to the accuracy of the submission items. Buyer & buyer’s agnt acknowledges they are relying on their own investigation & should perform a detailed independent analysis of the property to determine if it meets your satisfaction & accuracy of MLS data fields. Robinson Capital Real Estate, LLC will not be held liable for any MLS system errors and or discrepancies. Robinson Capital Real Estate, LLC 2025.

Investor Tools

$0Estimated Mortgage Balance
$238,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,096
$84,376
2026
N/A
$84,376
$84,376
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,096
$84,376

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$238,000
100%
0%
$0/mo

City: Ferris

1061 S Main Street | Property Details | No Agent List