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$123,000

218 N Oak St, Trent, TX, 79561

$155,498 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,494 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.28 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringTile

Exterior

Lot Size11,879 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APNS6000006900
SubdivisionOriginal Town Trent
Land UseResidential
Legal DescriptionORIGINAL TOWN TRENT, BLOCK 16, LOT ALL 4& FRAC OF LTS 2-3
Census Tract013602
Assessed Land Value$2,138
Assessed Improvement Value$104,133
Assessment Year2025

About this property

218 N Oak Street in Trent, Texas might just be the bargain of the year, folks! This 1949 brick home offers solid construction and boundless potential! The practical 3-bedroom, 2-bath residence features a spacious open-concept layout, seamlessly blending living, dining, and kitchen areas—ideal for both daily life and entertaining. Gleaming wood-plank tile flooring flows throughout, delivering style and low-maintenance living. All major systems have been diligently maintained, and updated. A new septic system with new lateral lines was put in in 2015. A brand-new impact-resistant roof was installed in February, 2025. In addition to the central HVAC system, the home is also set up with a working swamp cooler system to help reduce summer electric bills. The home comes equipped with electric range, dishwasher, double door fridge, a deep freeze, washer and dryer! The large lot offers ample room for gardening, recreation, or future expansions, and will appeal to all your sustainable living impulses. It currently is set up with a chicken coop, dog run, rainwater catchment system, a shed, small shop, and two RV hookups. Nestled at the end of a tranquil street, this property has super easy access to I-20 and is only 19 minutes from Abilene. It is also only 13 minutes from Sweetwater, and ideally located right in the middle of all the new development that is booming in and coming to West Texas! This home is ready for your personal vision. Whether you are looking to add a solid investment to your rental portfolio or establish your homestead at an unbeatable price, don't hesitate and miss this opportunity--schedule your private showing today!

Investor Tools

Property Icon
$123,000
Estimated Property Value
$114,000Estimated Mortgage Balance
$10,161Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$155,498
Rent-to-Value Ratio: 0.72%
Rent Estimate
$773 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$694
$97,792
2025
$2,138
$104,133
$106,271
No

Tax History

Year
Tax Paid
Assessed Value
2025
$694
$97,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank & Trust Co
Conventional
$114,000
No
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,839
$10,161
8%
92%
$684/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$684/mo
+$676/mo
13.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Trent

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218 N Oak St | Property Details | No Agent List