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$159,900

1402 E 42nd St, Odessa, TX, 79762

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,155 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.44 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesNone
FlooringTile

Exterior

Exterior FeaturesStorage
Lot Size7,200 sqft

Building Information

Year Built1955

Land Information

APN14200.02530.00000
Lot Number8
SubdivisionHillside
Land UseResidential
Legal DescriptionHILLSIDE BLOCK 12 LOT 8
Census Tract000400
Assessed Land Value$14,472
Assessed Improvement Value$132,322
Assessment Year2025

About this property

Nice brick 3-bedroom, 2-bath home with easy care tile flooring throughout, attached carport, fenced backyard and 2 storage buildings. Ready for all buyers! Some photos have been virtually staged. This is a Fannie Mae Homepath property.

Investor Tools

$146,410Estimated Mortgage Balance
$43,842Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,292
$146,794
2025
$14,472
$132,322
$146,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,292
$146,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$155,200
No
First
Jun 5, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,410
$51,590
26%
77%
$931/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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1402 E 42nd St | Property Details | No Agent List