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$321,000

NAL Estimated Property Value

1423 Derrick Ave, Odessa, TX, 79765

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,050 Sq Ft
price_per_sqft$150.73 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Electric Range, Self Cleaning Oven, Microwave, Dishwasher, Disposal, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size6,251 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN26558.02349.06100
Lot Number61
SubdivisionRatliff Ridge
Land UseResidential
Legal DescriptionRATLIFF RIDGE BLOCK 17 LOT 61
Census Tract002501
Assessed Land Value$15,940
Assessed Improvement Value$277,004
Assessment Year2025

About this property

Stunning 3 bed, 2 bath, 2,050 sq ft home in Ratliff Ridge. The Martha Plan offers a modern kitchen with granite, stainless appliances, and large island. Open living with natural light, fireplace, and laundry-to-master closet access. Sequestered primary suite with soaking tub, walk-in shower, and 4K tile upgrade in baths. Lush backyard with covered patio. Fridge and water softener convey.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$602,822Estimated Mortgage Balance
$321,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,871
$292,944
2025
$15,940
$277,004
$292,944
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,871
$292,944

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Fha
$306,348
Yes
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$602,822
N/A
0%
188%
$3,674/mo

City: Odessa

1423 Derrick Ave | Property Details | No Agent List