$435,000
1306 E 7th St, Odessa, TX, 79761
On Market
Commercial
Highlights
Interior
Exterior
Lot Size8,751 sqft
Building Information
Year Built2001
Land Information
APN27750.01000.00000
Lot NumberB-2
SubdivisionRoyalty Heights
Land UseCommercial
Legal DescriptionROYALTY HEIGHTS BLOCK 4 LOT B-2
Census Tract001600
Assessed Land Value$7,438
Assessed Improvement Value$88,890
Assessment Year2025
About this property
Full service restaurant with high traffic Visibility and Exposure!You can create your own dream here!Up for sale and accessible to down town is this income producing restaurant within distance to the local hospitals, medical district, and a wealth of surrounding industry leading businesses. This sale does include the( lot .20) between said property and Church's chicken. Owner will also consider a leasing opportunity.
Investor Tools
$0Estimated Mortgage Balance
$96,328Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,030
$96,328
2025
$7,438
$88,890
$96,328
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,030
$96,328
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,328
100%
0%
$0/mo
