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$249,000

NAL Estimated Property Value

1117 Placer Ave, Odessa, TX, 79763

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.79 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size5,998 sqft

Building Information

Year Built1960

Land Information

APN27400.03750.00000
Lot Number25
SubdivisionRochester Heights
Land UseResidential
Legal DescriptionROCHESTER HEIGHTS BLOCK 23 LOT 25
Census Tract001100
Assessed Land Value$16,260
Assessed Improvement Value$187,510
Assessment Year2025

About this property

Adoreable Remodeled Exterior & Interior 4 Bedroom 2 Bath Home w/2 Outbuildings. Beautiful Open Kitchen Concept w/Granite Top Breakfast Bar. 4th Bedroom Currently Used as a Dining Area. Bedroom w/2 Closets would be Perfect for a Teenager since One Closet has Room for a Vanity. Large Laundry Room w/ Lots of Storage Space. Nice Cement Walking Paths in the Backyard to the Outbuildings & Side Patio. Pleasant Backyard w/Cinderblock Fence. One of the Outbuildings is Used as a Cute Little Cottage.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$226,334Estimated Mortgage Balance
$23,013Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,205
$203,770
2025
$16,260
$187,510
$203,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,205
$203,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$230,743
Yes
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,334
$20,666
8%
91%
$1,384/mo

City: Odessa

1117 Placer Ave | Property Details | No Agent List