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$382,000

NAL Estimated Property Value

1422 Derrick Ave, Odessa, TX, 79765

$416,814 ARVInfo
Recently SoldInfo
7/27/26
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
price_per_sqft$151.83 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
AppliancesGas Water Heater, Dryer Electric, Electric Cooktop, Self Cleaning Oven, 2+ Ovens, Microwave, Dishwasher, Disposal
FlooringCarpet, Tile

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size8,128 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN26558.02427.00000
Lot Number27
SubdivisionRatliff Ridge
Land UseResidential
Legal DescriptionRATLIFF RIDGE BLOCK 19 LOT 27
Census Tract002501
Assessed Land Value$20,727
Assessed Improvement Value$347,602
Assessment Year2025

About this property

Beautifully Bright 4 Bedroom 3 Bath home featuring 2628 sqft of open light filled space. Modern kitchen w/white cabinets. Granite countertops throughout. The laundry room opens up into the Primary Bedroom closet for easy access. Cozy fireplace. Jack-n-Jill bathroom between 2 of the bedrooms. Nice sized rooms. The beautiful backyard has a delicious peach, pear, and an apricot tree & a fire pit to roast marshmallows in. You DO NOT want to miss out on this great home! Make your appointment today!

Investor Tools

Property Icon
$382,000
Estimated Property Value
$273,043Estimated Mortgage Balance
$108,957Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$416,813
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,155
$368,329
2025
$20,727
$347,602
$368,329
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,155
$368,329

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$299,000
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,043
$108,957
28%
71%
$1,793/mo

City: Odessa

1422 Derrick Ave | Property Details | No Agent List