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$207,000

NAL Estimated Property Value

1315 N Kelly Ave, Odessa, TX, 79763

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,375 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.38 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size7,000 sqft

Building Information

Year Built1955

Land Information

APN23100.00760.00000
Lot Number7
SubdivisionPark Place Addn
Land UseResidential
Legal DescriptionPARK PLACE ADDN BLOCK 5 LOT 7
Census Tract001300
Assessed Land Value$6,930
Assessed Improvement Value$99,360
Assessment Year2025

About this property

Fully renovated & move in ready! This updated home features 3 spacious bedrooms, 2 bathrooms, and 2 living areas--ideal for everyday living and entertaining. The kitchen has been refreshed with a brand new stove and dishwasher. Conveniently located near local restaurants and shopping. Situated on a generous lot with mature trees, the yard offers plenty of space and shade for outdoor fun and quiet relaxation.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$78,854Estimated Mortgage Balance
$128,339Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,242 /month
Positive
Cash Flow Estimate:
$414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$898
$106,290
2025
$6,930
$99,360
$106,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$898
$106,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$95,545
No
First
Oct 17, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,854
$130,146
62%
38%
$573/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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1315 N Kelly Ave | Property Details | No Agent List