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$149,000

NAL Estimated Property Value

1510 N Alleghaney Ave, Odessa, TX, 79761

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths984 Sq Ft
price_per_sqft$142.28 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Water Heater, Gas Range, Free Standing Gas, Self Cleaning Oven, Microwave
FlooringVinyl, Laminate, Hardwood

Exterior

Lot Size11,360 sqft

Building Information

Year Built1946
Garage Spaces1

Land Information

APN06200.01820.00000
Lot Number12-13
SubdivisionCollege Addn
Land UseResidential
Legal DescriptionCOLLEGE ADDN BLOCK 95 LOTS 12-13
Census Tract001300
Assessed Land Value$14,541
Assessed Improvement Value$96,094
Assessment Year2025

About this property

Charming 2-bedroom, 1-bath home in a well-kept neighborhood—sold as-is with tons of potential! This cozy home features new windows, hardwood floors, updated appliances, and a new roof. The front carport could easily be converted into a garage, and the powered shed/workshop out back includes an additional carport—perfect for storage, hobbies, or extra parking. The fenced yard offers space to relax or play. Full of character and ready for your personal touch!

Investor Tools

Property Icon
$149,000
Estimated Property Value
$78,076Estimated Mortgage Balance
$71,087Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$701
$110,635
2025
$14,541
$96,094
$110,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$701
$110,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$88,607
No
First
Mar 23, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,076
$67,924
46%
52%
$532/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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1510 N Alleghaney Ave | Property Details | No Agent List