505 W 1st Street Ferris, TX 75125
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Subdivision Orr
MLS Listing ID 21314657
Bedrooms 4
Full Baths 2
HOA Y/N None
Year Built 1972
Lot Size 0.362 Acres
Acres 0.362
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Ellis
Direction Please use GPS
Rooms
Dining Room 1
Interior
Interior Features Built-in Features, Pantry
Fireplaces Number 1
Fireplaces Type Blower Fan, Electric
Appliance Electric Oven
Exterior
Garage Spaces 2.0
Utilities Available City Water
Total Parking Spaces 2
Garage Yes
Building
Story One
Level or Stories One
Schools
Elementary Schools Ingram
High Schools Ferris
School District Ferris Isd
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21314657
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