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$265,000

1125 Wagon Way, Odessa, TX, 79765

Off MarketInfo
Beds3 Beds
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.84 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Garage AvailableGarage Available

Exterior

Lot Size5,227 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN26558.00053.00000
Lot Number44
SubdivisionRatliff Ridge
Land UseResidential
Legal DescriptionRATLIFF RIDGE BLOCK 1 LOT 44
Census Tract002501
Assessed Land Value$13,329
Assessed Improvement Value$236,453
Assessment Year2025

About this property

Bright & welcoming 3 bed, 2 bath home nestled on a spacious corner lot! High ceilings, granite throughout, ample counter space and cabinets! Enjoy the convenience of nearby amenities, schools, and quick & easy access to main roads! The low-maintenance yard provides a great space for outdoor activities, and the corner lot offers extra privacy and added curb appeal! Excellent opportunity for first-time homebuyers or anyone looking to settle into a clean, move-in ready home!

Investor Tools

Property Icon
$265,000
Estimated Property Value
$252,345Estimated Mortgage Balance
$7,575Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,868
$249,782
2025
$13,329
$236,453
$249,782
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,868
$249,782

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$252,345
Yes
First
Apr 8, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,819
$5,181
1%
97%
$1,574/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Odessa

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1125 Wagon Way | Property Details | No Agent List