Last 24 Hours
$589,000
1525 N Ave D, Odessa, TX, 79763
On Market
Commercial
3 Beds
3 Bath
2,100 Sq Ft
Warehouse
$280.48 / sqft
Built in 1981Highlights
Interior
Bedrooms 3
Bathrooms Full 3Bathrooms Half 1Exterior
Lot Size1.03 acres
Building Information
Year Built1981
Land Information
APN13700.00890.00000
Lot Number8
SubdivisionHenderson
Land UseResidential
Legal DescriptionHENDERSON BLOCK 5 LOT 8
Census Tract002803
Assessed Land Value$31,050
Assessed Improvement Value$443,765
Assessment Year2025
About this property
Rare live/work opportunity on 1 Acre just outside Odessa City limits with NO Restrictions. Property features a massive 100 X 40 SHOP with 3 oversized bay doors. Finished office/ man cave, open living or game room, wet bar, & Full Bath. Ideal for running a Business! Three Phase Power is available across the street. Bonus 2 Story Log Cabin. 2 bedrooms, 2 bath with a loft & HUGE Game Room plus Basement. Could be used as Residence or employee housing! 8ft Metal Privacy Fence surrounds the property.
Investor Tools
$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,199
$474,815
2025
$31,050
$443,765
$474,815
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,199
$474,815
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo
12.4%