Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    33+ Acre Retreat Land Title is generated by Realmo AI

    669 Wester Road, Ferris, TX 75125

    View on Map
    Claim this Listing
    For Sale
    $1,110,000

    Unimproved Land - Ferris, TX

    Type:Unimproved Land
    Lot size:
    32.89 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    70
    Last Refresh:
    May 24 at 1:06 pm

    Property Features for 669 Wester Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    179311
    Lot size
    32.89 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Maiya Bangurah

    Listing agent Maiya Bangurah License #0782492

    Listing office Lanee Scott Realtors, LLC 202 S. Santa Fe Trl., Duncanville, TX

    Listing date Mar 16, 2026

    MLS# 21083121 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Expansive 33+ acre property offers privacy and space.
    • Conveniently located with easy access to I‑45.
    • Short drive to Dallas.
    • Endless possibilities for development: build a home, pool, or barndominium.
    • Beautiful views of surrounding farmland.
    • Rare opportunity.

    Overview

    This expansive 32.885-acre property in Ferris, Texas, offers possibilities for building a dream home with a pool or designing a custom barndominium. The land provides views of the surrounding farmland and convenient access to I-45, with a short drive to Dallas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferris
    County
    Ellis
    State
    Texas
    Longitude
    -96.6967202
    Latitude
    32.497937

    Nearby Similar for Sale

    • $650,000

      2 Acres in Ferris, TX

      2-acre property in Ferris, TX, ideal for development.
      660 Bear Creek Drive, Ferris, TX 75125
      View Details
    • $5,453,500

      83.9 Acres Development Opportunity, Ferris

      Prime 83.9-acre tract suitable for mixed-use development in Ferris, TX.
      00 Fm 780, Ferris, TX 75125
      View Details
    • $16,933,150

      260-Acre Mixed-Use Development Opportunity

      260 acres near Dallas suitable for residential, commercial, industrial development.
      0 Fm 780, Ferris, TX 75125
      View Details
    • $740,000

      Ferris, TX Unimproved Land

      Versatile land perfect for retreat, farm, or future development.
      1065 Bluff Springs Road, Ferris, TX 75125
      View Details
    • $3,762,585

      160 Acres of Unimproved Land

      160+- acres of land in Ellis County, Texas for sale.
      0 Newton Road, Ferris, TX 75125
      View Details
    • $190,000

      Land Available in Ferris, TX

      Unimproved land with utilities on site in Ferris, Texas.
      138 Diane Street, Ferris, TX 75125
      View Details
    • $125,000

      Residential Land in Ferris, TX

      Unimproved lot suitable for building one or two houses.
      726 W 1st Street, Ferris, TX 75125
      View Details
    • $350,000
      13,740 SF

      Industrial Property Near I-45

      1.97-acre light industrial property near I-45, south of Dallas.
      207 N Avenue A, Ferris, TX
      View Details
    • $375,000
      2,500 SF

      Texas Bluebell Venue For Sale

      Formerly courthouse, now venue in flourishing downtown Ferris.
      215 W 6th Street, Ferris, TX 75125
      View Details
    • $650,000

      Prime Ferris Development Opportunity

      Two-acre property in Ferris, Texas, ideal for visionary investors.
      660 Bear Creek Drive, Ferris, TX 75125
      View Details
    • $50,000

      Land in Growing Ferris, TX

      Charming lot in Ferris, TX, ideal for custom home.
      S40 - 20 3 Orr 0.069 Acre Ash Street, Ferris, TX 75125
      View Details
    • $1,100,000

      Unrestricted Land Near Highway 45

      Prime development land with no zoning restrictions, near major corporations.
      1305 Vetch Road, Ferris, TX 75125
      View Details

    FAQs

    What type of property is this?
    Land - 33+ acre property with easy access to I-45.
    Where is this land located?
    The property is located at 669 Wester Road Ferris, TX.
    What is the asking price?
    The asking price for this property is $1,110,000.
    What are key features of this property?
    This property features: Expansive 33+ acre property offers privacy and space.; Conveniently located with easy access to I‑45.; Short drive to Dallas.
    (469) 868-6124
    We can help!
    Listing Contact
    Maiya Bangurah
    Real Estate License ID: 0782492
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    669 Wester Road, Ferris, TX 75125
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!