$130,000
$50K PRICE DROP

220 S Oak St Kermit, TX 79745

Estimated payment $813/month

Total Views 6,661
6 Beds
-- Bath
2,000 Sq Ft
$65 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Window Unit Cooling System
  • Garage

About This Home

Looking for a multi unit rental or place for a large or extended family, this would fit the bill. This property needs some new blood and will produce good income or house the large family and allow some privacy. The small apartments use window AC and space heaters. The house has central heat and window AC. Note: Square footages are estimates for all units and need to be verified. PRICE REDUCED.

Listing Agent

JACK DUFF MICHEL

Michel Real Estate Brokerage Phone: 4325866681 License #0338424 Listed on: 05/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75 x 155

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Asbestos Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6 Bedrooms
  • 2,000 Sq Ft Home
  • 1-Story Property
  • Free-Standing Electric Range

Parking

  • Garage
  • On-Street Parking

Schools

  • Kermit Elementary And Middle School
  • Kermit High School

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • No Home Owners Association
  • Kermit Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 75 x 155
  • Lot Size Sq Ft: 11761.2
  • Road Surface Type: Paved
  • Subdivision Name: Kermit Original
  • Directions: From courthouse go west one block to Oak Street, turn left (south) and go two blocks, property is on the right on the corner.
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Free-Standing Electric Range, Refrigerator
  • Total Bedrooms: 6
  • Living Area: 2000

Exterior Features

  • Home Warranty: No
  • Construction Type: Frame, Stucco, Asbestos, Block
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition

Garage/Parking

  • Open Parking: No
  • Parking Features: Garage, On Street

Utilities

  • Security: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central Gas, Other - See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • HOA Rent Includes: Electricity, Gas, Water, Trash Collection
  • Association: No

Schools

  • Elementary School: Kermit
  • Junior High Dist: KISD
  • High School: Kermit
  • Middle Or Junior School: Kermit

Lot Info

  • Parcel #: 8536

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 1600

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,997 $96,672 $0 $0
2024 $1,664 $80,560 $3,600 $76,960
2023 $1,612 $80,560 $3,600 $76,960
2022 $1,891 $95,950 $3,600 $92,350
2021 $2,551 $109,310 $3,600 $105,710
2020 $2,083 $91,090 $3,000 $88,090
2019 $2,866 $91,090 $3,000 $88,090
2018 $2,357 $83,080 $3,000 $80,080
2017 $1,744 $69,750 $3,000 $66,750
2016 -- $63,870 $3,000 $60,870
2015 -- $63,870 $3,000 $60,870
2014 -- $43,550 $3,000 $40,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2025 10/18/25 Price Changed $130,000 0.0% $65 / Sq Ft
10/18/2025 10/18/25 For Sale $130,000 -18.8% $65 / Sq Ft
12/01/2024 12/01/24 Off Market -- -- --
11/15/2024 11/15/24 Price Changed $160,000 -5.9% $80 / Sq Ft
09/03/2024 09/03/24 Price Changed $170,000 -5.6% $85 / Sq Ft
05/15/2024 05/15/24 For Sale $180,000 -- $90 / Sq Ft
Source: Odessa Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $120,000 Stc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Source: Public Records

Source: Odessa Board of REALTORS®

MLS Number: 150744

APN: 4220-0031-0001000