$143,000
NAL Estimated Property Value115 N Locust Ave, Kermit, TX, 79745
$151,072 ARV
Off Market
Property Lead Type:
High Equity
Highlights
Interior
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
$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
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
