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$300,000

307 N Ave H, Kermit, TX, 79745

$369,821 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.43 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Electric Cooktop, Microwave, Dishwasher, Dryer, Oven
FlooringCarpet, Laminate

Building Information

Garage Spaces2

Land Information

APN6773
Land UseResidential
Legal Description2 9 CROSS PLACE 307 N AVE H
Census Tract950200
Assessed Land Value$4,500
Assessed Improvement Value$251,190
Assessment Year2025

About this property

Great family home with lots of shade in front and back. Huge oak and pecan trees keep the house and yards cool. Spacious layout with two living areas and a large sequestered master bedroom for the family to spread out. There is lots of storage throughout and a very nice storm cellar in the backyard. Close to the elementary school in an established neighborhood. Don't miss out on this one.

Investor Tools

Property Icon
$302,000
Estimated Property Value
$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$369,820
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

Interested in this property?

Duff Michel

Michel Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,939
$238,596
2025
$4,500
$251,190
$255,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,939
$238,596

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,000
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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307 N Ave H | Property Details | No Agent List