$320,000
NAL Estimated Property Value1612 Palo Duro Dr, Odessa, TX, 79762
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size6,033 sqft
Building Information
Year Built2020
Garage Spaces2
Land Information
APN08235.00453.00000
Lot Number4
SubdivisionDesert Ridge 2nd Filing
Land UseResidential
Legal DescriptionDESERT RIDGE 2ND FILING BLOCK 14 LOT 4 PHASE 3
Census Tract002502
Assessed Land Value$28,476
Assessed Improvement Value$268,103
Assessment Year2025
About this property
Looking for a fresh start in a great space? This amazing new lease is perfect for everyday living—affordable, comfortable, and move-in ready! This place offers a bright and airy modern feel, convenient neighborhood close to everything you need—shops, schools, and park. You will absolutely love living here! Call today to schedule your showing!
Investor Tools
$320,000
Estimated Property Value
$227,583Estimated Mortgage Balance
$92,872Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,962
$296,579
2025
$28,476
$268,103
$296,579
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,962
$296,579
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$254,106
No
First
Nov 23, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,583
$83,417
26%
71%
$1,524/mo
