Last 24 Hours
$2,450
12662 W 61st St, Odessa, TX, 79764
On Market
3 Beds
2 Bath
1,830 Sq Ft
Single Family Residence
$1.34 / sqft
Built in 1962Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesElectric Water Heater, Electric Range, Refrigerator
FlooringLaminate
Exterior
Lot Size2.47 acres
Building Information
Year Built1962
Land Information
APN26400.00410.00000
Lot Number6
SubdivisionRanchette
Land UseResidential
Legal DescriptionRANCHETTE BLOCK 4 LOT 6
Census Tract002702
Assessed Land Value$86,074
Assessed Improvement Value$129,761
Assessment Year2025
About this property
Home for rent on 2.47 acres this Home offers 3 bedrooms, 2 bath, 2 living areas, Interior benefits include cobble stone brick flooring in 2nd living room, bright and welcoming kitchen with an inspirational mural and lots of windows for natural light. Large screened in front patio to enjoy sunsets & rainy days. Exterior offers dome style green houses, stables & RV hooks ups.This property is perfect for those who love country living.
Investor Tools
$90,908Estimated Mortgage Balance
$287,666Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,260
$215,835
2025
$86,074
$129,761
$215,835
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,260
$215,835
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Credit Line (Revolving) / Heloc
$93,400
No
First
Nov 22, 2024
Dec 2064
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,908
$199,092
68%
24%
$560/mo
12.4%