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$228,000

NAL Estimated Property Value

407 N Ave B, Kermit, TX, 79745

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,430 Sq Ft
price_per_sqft$160.77 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Dryer Electric, Gas Range, Microwave, Refrigerator
FlooringCarpet, Tile

Land Information

APN7735
Land UseResidential
Legal DescriptionS35'-21 18 KERMIT HEIGHTS N30'-22 407 N AVE B
Census Tract950200
Assessed Land Value$3,120
Assessed Improvement Value$125,060
Assessment Year2025

About this property

Adorable 4 bedroom, 1.5 bathroom brick home in Kermit ready for new owners! Lovely green front yard thanks to a new sprinkler system and sod. Beautiful relaxing backyard with extended concrete patio, mature trees and large fenced in area to enjoy. Many updates already done including updated bathrooms and a new HVAC system! All kitchen appliances stay. Call your favorite realtor for a tour today!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$6,673Estimated Mortgage Balance
$221,327Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$616
$73,377
2025
$3,120
$125,060
$128,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$616
$73,377

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$6,772
No
First
Jun 13, 2025
Jun 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,673
$221,327
97%
3%
$41/mo

City: Kermit

407 N Ave B | Property Details | No Agent List