Date
Details
Price
Change
Source
3/26/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$1,100,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Homestead dreams start here... where wide open space meets a home that just feels right the moment you walk in. Set on 20 beautiful acres with a pond and room to truly spread out, this 3 bedroom, 2.5 bath home offers the kind of lifestyle that's getting harder to find. With 2,290 square feet, the layout strikes that perfect balance between open, connected spaces and areas to unwind. The kitchen, dining, and main living area flow together seamlessly, filled with natural light from oversized windows that bring the outdoors in. A striking floor to ceiling stone fireplace anchors the living room, while the kitchen features a gas range and a statement stone island that ties it all together. Cook like a pro on the 36 inch commercial range! Need a little extra space? A large separate family room gives you flexibility for movie nights, a game room, office setup, or whatever fits your lifestyle best. The primary suite is tucked away for privacy and features a spacious ensuite bath with a soaking tub perfectly positioned by a window, plus a separate shower for everyday ease. Step outside and this is where the property really shines. With 20 acres to work with, the possibilities are wide open. Whether you're dreaming of a garden, animals, workshop, or simply enjoying the peace and quiet, there's space here to make it happen. The pond adds to the setting, creating a backdrop that feels both private and inviting. You get that true rural feel while still being conveniently located with easy access to I-45 and nearby town amenities. If you've been looking for land, character, and the freedom to create your own version of home, this one checks all the boxes.
Full Property Details
Full Property Details for 508 FM 983
General
- Price: $1,100,000
- Taxes: $9,740
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21217366
- Updated: 3/26/2026
- Added to Site: Today
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Stone
- Appliances: Dishwasher, Disposal, Gas Range, Microwave
- Flooring: Ceramic Tile, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Other
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Garage Spaces: 2
- Parking Features: Driveway, Garage, Garage Faces Side
Location
- County: Ellis
- Subdivision: Mason-Phelps
- Driving Directions: From Ferris, head West on Ovilla Rd, then South on FM 983, turn right into driveway after passing the school.
School Information
- Elem School District: Ferris ISD
- Midd School District: Ferris ISD
- High School District: Ferris ISD
- Elementary School: McDonald
- High School: Ferris
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Septic Tank
- Cable Available: Yes
- Utility Description: Septic Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Rock, Stone
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,290 Sq. Ft.
- Year Built: 2016
Lot Features
- Lot Size (Acres): 21.86
- Lot Size (Sq. Ft.): 952,221.6
- Lot Size Source: Assessor
- Lot Features: Back Yard, Cleared, Lawn, Few Trees
- Trees/Vegetation: Grassed
- Fencing (Description): Partial, Pipe
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $9,740
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: 824 LOT 94 MASON PHELPS 21.86 ACRES
- Exclusions: Three outbuildings and containers.
- Property ID: 188802
- Lot Number: 94
Listed by Keller Williams Realty, Jeremy Norman and Keller Williams Realty, Alexandra Rodriguez
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 508 FM 983 —
Jeremy Norman
Keller Williams Realty
Alexandra Rodriguez
Keller Williams Realty
817-798-1760
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 508 FM 983
School District:Ferris Independent School District
| Name | Grades | Distance |
|---|---|---|
Lucy Mae Mcdonald Elementary School 500 Farm to Market 983, Ferris, TX 75125 | 1-3 | 0.3 mi |
Hazel Ingram Elementary School 600 South Central Street, Ferris, TX 75125 | PK-K | 0.6 mi |
Lee Longino Elementary School 601 W F M 664, Ferris, TX 75125 | 4-6 | 0.6 mi |
Ferris J High School 1002 East 8th Street, Ferris, TX 75125 | 7-8 | 1.4 mi |
Ferris High School 1025 East 8th Street, Ferris, TX 75125 | 9-12 | 1.6 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 508 FM 983
Tax History
Tax History for 508 FM 983
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,801
-33%
$463,886
6%
2023
$7,125
—
$439,093
20%
2023
$7,125
55%
$367,255
-52%
2022
$4,609
-12%
$770,609
58%
2021
$5,230
-11%
$487,750
—
2018
$5,847
2%
$489,250
108%
2019
$5,735
-2%
$235,290
5%
2018
$5,848
5%
$224,510
—
2017
$5,591
4679%
$223,850
4663%
2016
$117
9%
$4,700
9%
2015
$107
174%
$4,310
60%
2013
$39
—
$2,700
20%
2013
$39
—
$2,250
—
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 508 FM 983
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
508 Fm 983, Ferris, TX 75125 (MLS# 21217366) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 508 Fm 983 is currently listed for $1,100,000 and was received on March 26, 2026. Want to learn more about 508 Fm 983? 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.