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508 Fm 983

Ferris, TX 75125
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3 Bedroom(s)
2 Full & 1 Half Bath(s)
2,290 Sqft
21.86 Lot Acres
Residential - Single Family

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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.

MLS#
NTREIS-21217366
List Price
$1,100,000 ($480/Sqft.)
Listing Status
For Sale
Address
508 Fm 983
City
Ferris
State
TX
Zip Code
75125
County
Ellis County
Subdivision
Mason-Phelps
Legal Description
824 LOT 94 MASON PHELPS 21.86 ACRES
Property Type
Residential - Single Family
Bedroom
3 Bedroom(s)
Bath
2 Full & 1 Half Bath(s)
Garages
2 / Appraisal District
Stories
1
Building Size
2,290 Sqft/Appraisal District
Architecture Style
Traditional
Year Built
2016 /Appraisal District
Lot Size
21.86 Lot Acres/ASSESSOR
LP / Acre
$50,320 / Acre

Rooms

Living
17 x 21, 1st
Dining
12 x 12, 1st
Kitchen
11 x 23, 1st
Primary Bedroom
19 x 17, 1st
Bedroom
14 x 11, 1st
Bedroom
14 x 11, 1st

Interior

Number Of Living Area
2
Fireplace
1/Living Room,Stone
Floors
Ceramic Tile, Linoleum
Cooling
Central Air, Electric
Heating
Central, Electric, Fireplace(s)
Appliances
Dishwasher, Disposal, Gas Range, Microwave
Security System
Smoke Detector(s)
Interior
Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Rock/Stone, Siding
Lot Description
Cleared, Few Trees, Lrg. Backyard Grass
Garage Size
24 X 24
Parking
Driveway, Garage, Garage Faces Side
Parking Space
Garage 2 / Carport 0 / Total Covered 0
Fencing
Partial,Pipe
Porch
Front Porch,Patio
Utility
Asphalt,Gravel/Rock,Septic
Exterior
Other

Extra details you may need to know

Dwelling Type
Single Detached

Lot Information

Lot Size
21.86 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 24, 2026 at 06:46 PM
Listing last updated Mar 26, 2026 at 10:18 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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