$393,000
NAL Estimated Property Value1420 Derrick Ave, Odessa, TX, 79765
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,006 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APN26558.02428.00000
Lot Number28
SubdivisionRatliff Ridge
Land UseResidential
Legal DescriptionRATLIFF RIDGE BLOCK 19 LOT 28
Census Tract002501
Assessed Land Value$20,416
Assessed Improvement Value$338,223
Assessment Year2025
About this property
Please allow at least one hour notice before showing. Homeowner must remove the dog and the children. Call or text Stacey for appt (432) 296 - 1599
Investor Tools
$393,000
Estimated Property Value
$197,841Estimated Mortgage Balance
$195,497Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,995
$358,639
2025
$20,416
$338,223
$358,639
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,995
$358,639
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$209,000
No
First
May 22, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,841
$201,159
50%
50%
$1,254/mo
