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$72,848

NAL Estimated Property Value

123 E 4th St, Odessa, TX, 79761

$94,702 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,600 Sq Ft
OfficeOffice
price_per_sqft$2.19 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1,734 sqft

Building Information

Year Built1960

Land Information

APN22000.02040.03000
Lot Number1-3
SubdivisionOriginal Town
Land UseCommercial
Legal DescriptionORIGINAL TOWN BLOCK 34 E 31.5 OF LOTS 1-2 & E 31.5 OF S 5 OF LOT 3
Census Tract003100
Assessed Land Value$5,906
Assessed Improvement Value$66,942
Assessment Year2025

About this property

Are you looking for a professional space to elevate your practice? This former law office offers an ideal environment for legal professionals, consultants, or any business seeking a prestigious address. Established neighborhood with a mix of businesses. Close proximity to courts. Flexible lease terms available. Call your Realtor to see this property today.

Investor Tools

Property Icon
$72,848
Estimated Property Value
$119,129Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$94,702
Rent-to-Value Ratio: 0.72%
Rent Estimate
$437 /month
Positive
Cash Flow Estimate:
$146 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,468
$72,848
2025
$5,906
$66,942
$72,848
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,468
$72,848

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Bank
Commercial
$125,000
No
First
Sep 12, 2023
Sep 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,129
N/A
0%
164%
$750/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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123 E 4th St | Property Details | No Agent List