tomo logo

$300,000

Beds
3
Baths
2.0
sq ft
2,058

1413 Ferris Ave, Waxahachie, TX 75165

1413 Ferris Ave

Waxahachie, TX 75165

  • 46 days on market
    • Price drop $10,000↓
Charming 1950s Home in Waxahachie - Potential Assumable 5.5% Loan! Welcome to 1413 Ferris Avenue, a delightful single-family home in historic Waxahachie. This 1,626 sq ft residence, built in 1950, sits on a spacious 10,062 sq ft lot. Rare opportunity: potential assumable loan at approx. 5.5%! Enjoy a large, inviting kitchen with ample counters, flowing into a warm living area with hardwood floors—perfect for gatherings. 3 bedrooms, 2 baths, including a master suite with attached bath. The 3rd bedroom features a private entrance and connects to a versatile office and flex space. Relax on the covered back patio overlooking a large, shaded, fully fenced backyard. Features a 2-car carport and central AC. Conveniently located near schools, parks, and shopping. Classic charm meets modern convenience in this well-maintained home. Ideal for families or investors. Don't miss this opportunity for comfort and potential financial savings in a friendly community.

Details

Property type

Single Family Residence

Est. home value

$281,621

Lot size

0.231 acres

Price per sq ft

$146

Year built

1950

Annual property taxes

$5,790

Price History

03/06/2025
NTREIS

NTREIS #20821199

Price change
$300,000
-3.23%
01/24/2025
NTREIS

NTREIS #20821199

Listed
$310,000
08/15/2022
NTREIS

NTREIS #20097476

Removed

Schools & Community

Elementary school: 

Northside

Middle school: 

Unknown

High school: 

Waxahachie

School district: 

Waxahachie ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$67,602
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$208,398
Cash to seller
$67,602

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

August 2022

Original loan amount

$215,710

Est. remaining balance

$208,398

Interest rate

5.7%

Loan type

FHA, 30 year

Seller

Melody Zook

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/11/2025 at 11:25 PM

Listing updated: 03/08/2025 at 3:52 PM

Listed by: Sonny Martinez, Phone #: (214) 556-7073

MLS: NTREIS #20821199

NTREIS logo

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