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$228,560

NAL Estimated Property Value

616 N Ave B, Kermit, TX, 79745

$297,128 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,300 Sq Ft
price_per_sqft$65.17 / sqft

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesOther Water Heater, Gas Range
FlooringTile

Land Information

APN7612
Land UseResidential
Legal Description4 7 KERMIT HEIGHTS 616 N AVE B
Census Tract950200
Assessed Land Value$3,120
Assessed Improvement Value$225,440
Assessment Year2025

About this property

Charming 3-bedroom, 1-bath starter home or investment property! Enjoy low-maintenance living with a durable metal roof and tile floors throughout. Features include a spacious 2-car garage, additional carport, and plenty of potential to make it your own. Great opportunity for first-time buyers or investors!

Investor Tools

Property Icon
$228,560
Estimated Property Value
$11,867Estimated Mortgage Balance
$216,693Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$194,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,371 /month
Positive
Cash Flow Estimate:
$457 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,732
$228,560
2025
$3,120
$225,440
$228,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,732
$228,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Linda Kay Tidwell
N/A
$22,500
N/A
First
Oct 13, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,867
$216,693
94%
5%
$135/mo

City: Kermit

616 N Ave B | Property Details | No Agent List