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$143,000

NAL Estimated Property Value

115 N Locust Ave, Kermit, TX, 79745

$151,072 ARVInfo
Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,320 Sq Ft
price_per_sqft$109.77 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 1Bathrooms 1
AppliancesGas Water Heater, Dryer Electric, None
FlooringVinyl, Tile

Land Information

APN7021
Land UseResidential
Legal Description24-26 64 KERMIT FIRST 115 N LOCUST
Census Tract950200
Assessed Land Value$900
Assessed Improvement Value$72,440
Assessment Year2025

About this property

This charming 4-bedroom, 1-bath home offers tons of potential for the right buyer. Featuring a durable metal roof, carport, spacious bedrooms, and a masonry fence, the property blends character with practicality. Out back, you'll find a versatile storage building that could easily be transformed into a hobby room, workshop, or extra storage space. Its charm and solid features make it a great opportunity to add your personal touch!

Investor Tools

Property Icon
$143,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$151,072
Rent-to-Value Ratio: 0.72%
Rent Estimate
$869 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$86/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$320
$59,279
2025
$900
$72,440
$73,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$320
$59,279

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$143,000
100%
0%
$0/mo

City: Kermit

115 N Locust Ave | Property Details | No Agent List