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$200,950

103 S East Ave, Kermit, TX, 79745

$261,235 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,520 Sq Ft
OfficeOffice
price_per_sqft$113.49 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,780 sqft

Land Information

APN1546
Land UseCommercial
Legal Description1946 B-3 NE/4 SEC 27 A TRACT 150' X 145.2'
Census Tract950300
Assessed Land Value$1,000
Assessed Improvement Value$199,950
Assessment Year2025

About this property

Very nice custom built office space that has been the eye clinic for the past 40+ years. Minor remodeling could turn this property into a very nice, high end office for your company. Good size paved lot has adequate parking for staff and customers. Excellent location and easy access in and out. This property is outside the city limits, so no city taxes. City water and sewer are connected so some city ordinances may apply. Verify anticipated use with city for compliance.

Investor Tools

Property Icon
$200,950
Estimated Property Value
$0Estimated Mortgage Balance
$200,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$261,235
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,487
$200,950
2025
$1,000
$199,950
$200,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,487
$200,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,950
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kermit

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103 S East Ave | Property Details | No Agent List