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$215,000

NAL Estimated Property Value

1332 Westbrook Ave, Odessa, TX, 79761

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,371 Sq Ft
price_per_sqft$145.88 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Water Heater, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,244 sqft

Building Information

Year Built1959

Land Information

APN27700.01840.00000
Lot Number4-5
SubdivisionRose Terrace
Land UseResidential
Legal DescriptionROSE TERRACE BLOCK 10 LOT 4 LESS W 2 & W 5 OF LOT 5
Census Tract001700
Assessed Land Value$27,748
Assessed Improvement Value$112,381
Assessment Year2025

About this property

Cute 2 bed 1.5 baths in a great location! Has a 2nd living area that could be converted to a 3rd bedroom. This home has so much to offer a first time home buyer or someone needing to down size. Some updates are new windows, newer AC condenser, fresh paint, new carpet, new water lines. Check it out today!

Investor Tools

Property Icon
$215,000
Estimated Property Value
$5,814Estimated Mortgage Balance
$209,195Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$831
$140,129
2025
$27,748
$112,381
$140,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$831
$140,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Housing Corporati
Stand Alone Second / Subordinate Position
$5,891
No
First
Jul 18, 2025
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,814
$205,186
97%
3%
$36/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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1332 Westbrook Ave | Property Details | No Agent List