508 Fm 983

Ferris, TX
$ 995,000 Beds 3 Baths 2.5 Sq 2,290 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 995,000
  • City
  • Ferris
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • ELLIS
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 21.86 Acres
  • Zip
  • 75125
  • Sqr Footage
  • 2,290
  • Year Built
  • 2016
  • Taxes
  • $ 9740
  • Style
  • Traditional
  • MLS#
  • 21217366
Listed By: Keller Williams Realty
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric,Fireplace(s)
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Asphalt,Gravel/Rock,Septic
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Disposal,Gas Range,Microwave
Number of Garage Spaces 2
School District Ferris ISD
Exclusions Three outbuildings and containers.
Year Built 2016
Architectural Style Traditional
Levels One
Unexempt Taxes 9740
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Mason-Phelps
Transaction Type For Sale
Occupant Type Owner
County Ellis
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Rock/Stone,Siding
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions From Ferris,head West on Ovilla Rd,then South on FM 983,turn right into driveway after passing the school.
City Ferris
Elementary School Name McDonald
High School Ferris
Elementary School McDonald
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21217366
Standard Status Active
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available,Kitchen Island,Open Floorplan,Pantry
Flooring Ceramic Tile,Linoleum
Fireplace Features Living Room,Stone
Fireplaces Total 1
Dining Areas 1
Living Areas 2
Room Count 8
Half Baths 1
Lock Box Type Other
Total Bedrooms 3
Total Baths 3
Laundry Features Electric Dryer Hookup,Utility Room,Dryer Hookup,Washer Hookup

Exterior Features

Exterior Features Other
Lot Features Cleared,Few Trees,Lrg. Backyard Grass
Vegetation Grassed
Fencing Partial,Pipe
Soil Type Unknown
Garage Length 24
Garage Width 24
Lot Size Source Assessor
Parking Features Driveway,Garage,Garage Faces Side
Lot Size 10 to < 50 Acres
Foundation Slab
Lot Size Area 21.8600
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 952221.6000
Lot Size Acres 21.8600
Patio And Porch Features Front Porch,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Celina, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School McDonald Elementary School
Middle School Unknown Middle School
High School

Price History

3/26/2026 Listed $1,100,000
8/5/2026 10% - $995,000

Property vs Zip Code Average in 75125

Price
AVG $120K
$1,000K
Taxes
AVG $2,794
$9,740
Year Built
AVG 2013
2016
Visits
AVG 6
220
Data Provided by Inside Real Estate®

508 Fm 983 Ferris, TX is a Single Family Home for sale at $995000 with 2290 sqft and a lot size of 21.86 Acres Acre(s). 508 Fm 983 Ferris has 3 bedrooms, 2 baths and was built in 2016. The property's zip code is 75125 which is in Ferris, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.