$125,000
NAL Estimated Property Value1010 N Washington Ave, Odessa, TX, 79761
$162,500 ARV
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater, None
FlooringVinyl, Tile
Exterior
Lot Size17,041 sqft
Building Information
Year Built1961
Garage Spaces4
Land Information
APN13900.01540.00000
Lot Number12-14
SubdivisionHerbert Wight
Land UseResidential
Legal DescriptionHERBERT WIGHT BLOCK 39A LOTS 12-14
Census Tract003100
Assessed Land Value$32,546
Assessed Improvement Value$46,196
Assessment Year2025
About this property
Charming 2 bedroom, 1 bathroom property sitting on approximately .89 of an acre with a large shop and plenty of room to grow. This property offers endless potential for residential use, storage, workspace, or investment opportunities. With a spacious lot and valuable shop space, there's plenty of flexibility to make it your own. Conveniently located in Downtown Odessa with easy access to amenities.
Investor Tools
$125,000
Estimated Property Value
$21,450Estimated Mortgage Balance
$103,676Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,340
$78,742
2025
$32,546
$46,196
$78,742
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,340
$78,742
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$41,383
No
First
Jul 31, 2007
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,450
$108,550
83%
17%
$0/mo
