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$121,000

NAL Estimated Property Value

1000 E 7th St, Odessa, TX, 79761

$157,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,376 Sq Ft
price_per_sqft$101.67 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Water Heater, Dryer Electric, Microwave
FlooringTile, Hardwood

Exterior

Exterior FeaturesOther - See Remarks
Lot Size7,000 sqft

Building Information

Year Built1946

Land Information

APN31800.00010.00000
Lot Number1
SubdivisionThain Heights
Land UseResidential
Legal DescriptionTHAIN HEIGHTS BLOCK 1 LOT 1
Census Tract001500
Assessed Land Value$4,270
Assessed Improvement Value$98,824
Assessment Year2025

About this property

Prime Location. Minutes from Downtown! Zoned Light Commercial, currently used as Residential. This is a true open canvas—ready for you to design your home or unique business space. Solar panels are fully paid off & included at no extra cost, producing an average of 13 MWh of electricity per year—a big step toward energy independence. You'll also get a powerful 22KW Generac backup generator. Close to shopping, grocery stores, and hospitals. Don't miss out on this opportunity!

Investor Tools

Property Icon
$121,000
Estimated Property Value
$81,485Estimated Mortgage Balance
$39,640Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$181,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$870
$103,094
2025
$4,270
$98,824
$103,094
No

Tax History

Year
Tax Paid
Assessed Value
2024
$870
$103,094

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Complex Community Fcu
Non-Purchase Money Mortgage / Home Equity
$83,200
No
First
Feb 21, 2025
Mar 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,485
$57,515
41%
67%
$499/mo

City: Odessa

1000 E 7th St | Property Details | No Agent List