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$276,000

NAL Estimated Property Value

1501 Verde Ave, Odessa, TX, 79761

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,713 Sq Ft
price_per_sqft$157.33 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Dryer Electric, Gas Cooktop, Self Cleaning Oven, 2+ Ovens, Microwave, Dishwasher, Disposal, Plumbed For Ice Maker, Other - See Remarks
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size10,319 sqft

Building Information

Year Built1958
Garage Spaces2

Land Information

APN07000.06108.00000
Lot Number10
SubdivisionCrescent Park
Land UseResidential
Legal DescriptionCRESCENT PARK BLOCK 93 LOT 10
Census Tract001700
Assessed Land Value$39,526
Assessed Improvement Value$159,351
Assessment Year2025

About this property

Spacious 2 Bedroom 2 Bath 2 Car Garage Brick Home with Recently Remodeled Inground Pool. Great Location. Close to Shopping & Schools. Established Neighborhood with lots of Mature Trees. Corner Lot with Cinderblock Fence. Other Updates include Flooring, Painting, Light Fixtures, Gas Cooktop, Dishwasher, Kitchen Sink/Faucet/Countertops, Kitchen Backsplash (will be completed before closing) & Fence around Inground Pool. Seller is Offering $5,000 towards Buyer's Closing Costs & Existing Survey.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$273,698Estimated Mortgage Balance
$2,702Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,097
$198,877
2025
$39,526
$159,351
$198,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,097
$198,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Housing Corporeti
Purchase Money Mortgage
$4,988
No
First
Dec 21, 2020
Dec 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,698
N/A
0%
99%
$1,649/mo

City: Odessa