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$250,531

NAL Estimated Property Value

1221 W University Blvd, Odessa, TX, 79764

$325,690 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,086 Sq Ft
price_per_sqft$129.47 / sqft
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size14,479 sqft

Building Information

Year Built1958

Land Information

APN35700.00792.00000
Lot Number14-15
SubdivisionWestview
Land UseCommercial
Legal DescriptionWESTVIEW BLOCK 4 LOT 14 & W 42.75 OF LOT 15
Census Tract001300
Assessed Land Value$30,842
Assessed Improvement Value$219,689
Assessment Year2025

About this property

A RARE FIND!! High traffic location! Gorgeous office bldg w/ 4000+ sq ft consisting of beautiful reception/waiting area, 12 private offices, 4 restrooms, conference room, kitchen & kitchenette, filing room & storage room. Asphalt park lot w/ ample parking! Many possibilities for uses:Dr office, daycare, accounting, attorneys... Has 2 electric meters- could easily be split for 2 sep tenants or use 1/2 & lease the other 1/2! Updates galore! 2 AMAZING executive offices- each w/ private restrooms.

Investor Tools

Property Icon
$250,531
Estimated Property Value
$363,109Estimated Mortgage Balance
$250,531Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$325,690
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,029
$250,531
2025
$30,842
$219,689
$250,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,029
$250,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial State Bank (Andrews Tx)
N/A
$170,000
N/A
First
Mar 2, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,109
N/A
0%
145%
$2,519/mo

City: Odessa