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202 Goodnight St, Panama, OK, 74951

1beds
1baths
5,288sqft
$49,000
$9price/sqft
$709/moest. monthly cost
$28,360/yrincome needed

About This Home

This brick building offers over 5,000 square feet per the owner, of space and sits on 8 city lots, creating endless possibilities for investors, entrepreneurs, or buyers with a vision. The structure is in need of substantial renovation, making it an ideal candidate for a commercial redevelopment project, a unique residential conversion, or a complete transformation into something entirely new. Water and electric are already on site, providing a head start for your plans. The additional lots offer flexibility for parking, future development, expansion, or other uses. Whether you're looking for your next investment project, a place to establish a business, or a property with enough space to create a one-of-a-kind home, this property is ready for someone to bring it back to life and unlock its full potential.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
Panama Elementary SchoolGrades PK-60.7 mi
2/10
Panama Middle SchoolGrades 7-80.4 mi
6/10
Panama High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Crawlspace
  • Roof: Metal
  • Construction materials: Brick,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: No Hot Water

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None
  • Window features: Other
  • Flooring: Concrete

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 5,288
  • Total interior livable area: 5,288 sqft

Property

Accessibility

  • Accessibility features: Accessible Entrance

Details

  • Parcel number: N00100034000000100

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: None
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 2,613 sqft
  • Features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tornado
Heat Wave
Lightning
Strong Wind
Wildfire
Winter Weather
Cold Wave
Hail

FEMA Declared Disasters in Le Flore County and Oklahoma

Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $247$2,964
Home Insurance $45$540
Property Taxes $24$288
Electricity $393$4,720
Total$709$8,508

Income You'd Need if You Spent...

35% on housing$24,308/yr
40% on housing$21,270/yr
45% on housing$18,906/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$9This listing

vs Other Active Listings

Avg $/sqft

ZIP 74951
Le Flore County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 74951
Le Flore County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-29Listed for sale$49,000

For Sale by Agent

AgentTrina R. Ward
BrokerageRE/MAX Champion Land

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