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$90,000

214 E 7th St, Ferris, TX, 75125

$117,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.66 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesElectric Range

Exterior

Lot Size7,492 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces2

Land Information

APN29.3640.029.013.00.105
SubdivisionEast Side
Land UseResidential
Legal Description13 29A EAST SIDE 0.172 ACRES
Census Tract060104
Assessed Land Value$60,000
Assessed Improvement Value$95,223
Assessment Year2026

About this property

Calling all investors, contractors, and buyers looking for a renovation project with potential! This property is in need of major repairs and renovations and offers an opportunity for someone ready to bring new life to an existing home. The previous owner divided the property into two separate living areas, leasing out one portion of the home. As a result of these modifications, the property currently functions as a 1 bedroom ` bath with additional area offering potential for reconfiguration or restoration. With the right vision and improvements, this property could be transformed to better utilize its existing space. PROPERTY IS BEING SOLD AS-IS. BUYER TO VERIFY ROOM CONFIGURATIONS PERMITTED USES AND FEASIBILITY OF ANY PROPOSED RENOVATIONS.

Investor Tools

$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$117,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

Interested in this property?

Wendi Beverly Flanagan

AT Home Southern Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$408
$155,223
2026
$60,000
$95,223
$155,223
No

Tax History

Year
Tax Paid
Assessed Value
2025
$408
$155,223

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
N/A
+$1,680/mo
9.5%

City: Ferris

214 E 7th St | Property Details | No Agent List