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$225,000

1603 E Everglade Ave, Odessa, TX, 79762

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.94 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available

Exterior

Lot Size8,882 sqft

Building Information

Year Built1957
Garage Spaces2

Land Information

APN36600.03552.00000
Lot Number76-77
SubdivisionWindsor Heights
Land UseResidential
Legal DescriptionWINDSOR HEIGHTS BLOCK 25 LOT 77 & W 1 OF LOT 76
Census Tract000400
Assessed Land Value$35,520
Assessed Improvement Value$172,736
Assessment Year2025

About this property

Give Mr Joe a call or your REALTOR to view this 4 Bedroom 2 Bath Home close to Permian. This home could be a 3 with an office or used as a 4 bedroom home. The enclosed patio does not have heat and air.. French paint and new wood laminate flooring. This home is close to the Elementary, Junior High and High School.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$182,139Estimated Mortgage Balance
$5,854Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,390
$208,256
2025
$35,520
$172,736
$208,256
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,390
$208,256

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fbc Mortgage Llc
Fha
$182,139
Yes
First
Dec 27, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,484
$63,516
28%
71%
$1,093/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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1603 E Everglade Ave | Property Details | No Agent List