This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
$100,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
Property Description
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.
Full Property Details
Full Property Details for 505 W 1st St
General
- Price: $100,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21314657
- Updated: 6/29/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Electric
- Appliances: Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage
Location
- County: Ellis
- Subdivision: Orr
- Driving Directions: Please use GPS
School Information
- Elem School District: Ferris ISD
- Midd School District: Ferris ISD
- High School District: Ferris ISD
- Elementary School: Ingram
- Middle School: Ferris
- High School: Ferris
Utilities
- Water: Public
- Utility Description: Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 1,200 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.362
- Lot Size (Sq. Ft.): 15,769
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash
Disclosures and Reports
- Property ID: 163155
Listed by eXp Realty LLC, Anbriana Roberson
Get Pre-Approved Today
Schools
Schools serving 505 W 1st St
School District:Ferris Independent School District
| Name | Grades | Distance |
|---|---|---|
Lee Longino Elementary School 601 W F M 664, Ferris, TX 75125 | 4-6 | 0.4 mi |
Lucy Mae Mcdonald Elementary School 500 Farm to Market 983, Ferris, TX 75125 | 1-3 | 0.6 mi |
Hazel Ingram Elementary School 600 South Central Street, Ferris, TX 75125 | PK-K | 0.7 mi |
Ferris J High School 1002 East 8th Street, Ferris, TX 75125 | 7-8 | 1.3 mi |
Ferris High School 1025 East 8th Street, Ferris, TX 75125 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 W 1st St
Date
Details
Price
Change
Source
6/29/2026
Listed
$100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 W 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$471
8%
$88,784
10%
2023
$436
—
$80,713
10%
2023
$436
269%
$73,375
-48%
2022
$118
-75%
$142,249
29%
2021
$466
—
$109,950
5%
2020
$464
-61%
$104,330
129%
2018
$1,187
11%
$45,560
6%
2017
$1,070
11%
$42,834
10%
2016
$968
-1%
$38,940
-1%
2015
$975
-20%
$39,240
-22%
2019
$1,222
28%
$50,116
27%
2013
$951
—
$39,440
1%
2013
$951
—
$38,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 W 1st St
505 W 1st Street, Ferris, TX 75125 (MLS# 21314657) is a Single Family property with 4 bedrooms and 2 full bathrooms. 505 W 1st Street is currently listed for $100,000 and was received on June 29, 2026. Want to learn more about 505 W 1st Street? Do you have questions about finding other Single Family real estate for sale in Ferris? You can browse all Ferris real estate or contact a Coldwell Banker agent to request more information.

