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Days243Days on Market
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$150,000

115 E Winkler St, Kermit, TX, 79745

$195,000 ARVInfo
On MarketInfo
CommercialInfo
Baths6,528 Sq Ft
RetailRetail
price_per_sqft$22.98 / sqft
Year BuiltBuilt in 1960

About this property

If you are looking for a downtown location with easy access to downtown business and the courthouse, this is the location for you. Previously a furniture store, there are lots of possibilities for the large, open retail space. This property is priced to sell at $23/SF. There may be zoning restrictions, so be sure to visit with the City of Kermit for possible uses.

Investor Tools

Property Icon
$136,932
Estimated Property Value
$0Estimated Mortgage Balance
$136,932Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

Duff Michel

Michel Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,835
$136,932
2025
$3,000
$154,490
$157,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,835
$136,932

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$136,932
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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115 E Winkler St | Property Details | No Agent List