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Days118Days on Market
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$170,000

1500 W 16th Street, Odessa, TX, 79763

On MarketInfo
Baths0 Bath
Baths1,610 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size7,000 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN13660.00080.00000
Lot Number8
SubdivisionHayden Addn
Land UseResidential
Legal DescriptionHAYDEN ADDN BLOCK 1 LOT 8
Census Tract001000
Assessed Land Value$13,370
Assessed Improvement Value$232,442
Assessment Year2025

About this property

Unleash your vision on this sprawling 13.33-acre tract in the heart of Ector County. Properties of this size are increasingly rare in the 79763 ZIP code, offering an incredible opportunity for developers, investors, or those seeking a private ranch-style estate. With over 580,000 sq. ft. of level, usable land, this property is ideally suited for a residential subdivision, multiple home sites, or a custom compound with plenty of room for shops, livestock, and more. Located with easy access to West Odessa’s industrial hubs and just a short drive to the amenities of central Odessa. No city taxes and minimal restrictions provide the freedom you’ve been looking for. Secure your piece of the Permian Basin today!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,418Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

Interested in this property?

Garrett Howell

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,888
$245,812
2025
$13,370
$232,442
$245,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,888
$245,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$112,750
No
First
May 24, 2013
Jun 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,582
$229,418
74%
26%
$676/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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1500 W 16th Street | Property Details | No Agent List