$89,900 · WINK, TX 79789
Works for flippers

Available

$89,900Asking price

2 bd · 1 ba · 936 sq ft · built 2010

WINK, TX 79789

No contract on file

via InvestorLift Classic

Listed Nov 3

Works for flippers

The Numbers

Sells for (ARV)From the listing: $115,000
Asking price: −$89,900
RepairsMiddle of the seller’s $2,500 – $5,000. Ours: $12,000 – $24,500: −$3,750
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$9,051
Profit10.7% of ARV · flippers want 10%+: $12,299
Works

Works for a flipper up to $90,000.

PATHFINDER ENT LLC

Mason Vafa

No reviews yet

Comps

ARV $115,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $167,000.

The sales behind this value are shown to members.

ARV $115,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PATHFINDER ENT LLC

Mason Vafa

No reviews yet

Seller Description

A 2010-built rental in Wink for $89,900. Few houses under $170,000 ever come up in this town.

Numbers Rent: $1,200 - $1,300 per month.

Ask: $89,900, cash or hard money (assignment of contract)
ARV: $115,000 after a $5-8k refresh
Est. repairs: about $5,000 (deep clean, paint touch-up, yard, HVAC service)
2 bed / 1 bath, 936 sf, built 2010, pier and beam
Lot: two platted lots, 10,372 sf (0.24 ac), 200 x 104
Taxes: about $5/yr today; plan on $700-800/yr after reassessment

The house: Hardie-type lap siding, composition shingle roof, tankless water heater. Central HVAC plus a Lennox mini-split in the living room and a window unit in one bedroom. Laminate wood-look floors, dark-wood cabinets with granite-look counters, tiled tub surround. Finishes are original to 2010 with normal wear. No roof or foundation issues. No garage, no fence, dirt lot.

The market: Wink is a Permian Basin town of about 1,000, 8 miles from Kermit and 50 from Odessa. Oilfield workers drive the rental demand. Across from the Wink-Loving ISD stadium. Zip 79789 median list is $188k.

Comps:
620 N Wildcat, same street, 3/1, 1,012 sf, built 2000 with garage and carport, sold $128,000 in June 2025 after 24 days.
Recent Wink 3/2s closed from $219,000 (419 N Cross) to $310,000 (207 N Oaklawn), Apr-Oct 2026.
We underwrite this one at $115,000 after a refresh.

Know before you offer: Winkler CAD still carries the parcel as land only ($10,000); the 2010 house has never been assessed. Budget $700-800/yr after reassessment (620 N Wildcat pays about $717/yr). Title company is confirming both lots (3 and 4, block 17) convey. Seller added the mini-split and a bedroom window unit; have the central unit serviced.

Asking $1,000 earnest money, closing November 30, title company to be determined (buyer may choose). Showings available on request. Owner-occupied, please do not disturb. Assignment of contract by Pathfinder Ent LLC.