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$343,000

1624 Palo Duro Dr, Odessa, TX, 79762

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.01 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available

Exterior

Lot Size6,634 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN08235.00464.01800
Lot Number18
SubdivisionDesert Ridge 2nd Filing
Land UseResidential
Legal DescriptionDESERT RIDGE 2ND FILING BLOCK 14 LOT 18 PHASE 5
Census Tract002502
Assessed Land Value$31,313
Assessed Improvement Value$276,778
Assessment Year2025

About this property

Beautiful backyard landscaping You are sure to fall in love this this well maintained home that has 4 bedrooms and 2 baths. Sellers are leaving refrigerator and playset in the back yard. Nice curb appeal with low maintained front yard. This home has an open concept with cool color tones and granite. Put this on your must see list. Call A Realtor today!

Investor Tools

Property Icon
$343,000
Estimated Property Value
$274,367Estimated Mortgage Balance
$87,791Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,106
$308,091
2025
$31,313
$276,778
$308,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,106
$308,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$274,367
Yes
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,667
$86,333
25%
75%
$1,645/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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1624 Palo Duro Dr | Property Details | No Agent List