715 E 5th Street
Ferris, TX 75125
Listing courtesy of Lisa Austin, Ebby Halliday Realtors
About this home
3,000+ SQ FT • GUEST APARTMENT • 4-CAR GARAGE • Incredible Value at $385,000! If you've been searching for space, flexibility and character without paying a premium for someone else's cosmetic updates, this one deserves a closer look. The current owners have already invested in many of the costly behind-the-scenes improvements, giving you the opportunity to personalize the home over time instead of tackling major infrastructure projects. With over 3,000 square feet between the main home and separate guest apartment, this unique property is ideal for multigenerational living, extended family, guests, a private home office, creative studio or hobby space. The oversized 4-car garage with attached office offers exceptional flexibility for projects, storage or working from home. Inside, you'll find original hardwood floors, tall ceilings, spacious living areas and beautiful vintage details that showcase craftsmanship and character that's increasingly difficult to find. Major seller improvements completed in 2026 include: foundation leveling with a transferable 5-year warranty, drainage improvements, new siding, repaired roof flashing, rebuilt front steps, updated portico, AC leak repair, sheetrock repairs and numerous exterior improvements. Previous major investments include a new roof (2019), all three HVAC systems (2017-2018), replacement of the outbound sewer line (2021), plus additional important improvements completed over the years. Many of the costly structural and mechanical projects have already been addressed, offering added peace of mind. Conveniently located just south of downtown Ferris with easy access to I-45, this property offers space, versatility and long-term value that are increasingly difficult to find at this price. Compare the square footage, guest apartment, 4-car garage and seller improvements—you may be surprised how much home $385,000 can buy.
Schools
- Elementary
- Ingram
- Middle
- Ferris
- High
- Ferris
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21141071
- Property Type
- Residential
- Status
- Active
- County
- Ellis
- Subdivision
- O T Ferris Mason Phelps
- Lot Size
- 26,136 sqft
- Garage
- 4-car
- HOA Dues
- None
- Annual Taxes
- $6,986
- Days on Market
- 176 days
- Listed
- Jan 1, 2026
- Price per Sqft
- $174
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,049
- Property taxes
- $582
- Homeowner's insurance (est.)
- $112
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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