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Days103Days on Market
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$70,000

$75,000

1897 S Shawnee, Odessa, TX, 79763

On MarketInfo
Price DropInfo
Baths0 Bath
Baths948 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,192 sqft

Building Information

Year Built2014

Land Information

APN10470.00270.00000
Lot Number5
SubdivisionFour Winds
Land UseResidential
Legal DescriptionFOUR WINDS BLOCK 2 LOT 5
Census Tract002801
Assessed Land Value$13,985
Assessed Improvement Value$24,468
Assessment Year2025

About this property

<0.50-acre tract in West Odessa offering flexibility and convenience! This property has no restrictions, giving you the freedom to live, work, or invest the way you want. Utilities are already in place with electric, septic, and RV hookups, making it ideal for additional RV parking, guests, or rental potential. The property includes a 2-bedroom, 1-bath home that will stay, providing a great starting point for future improvements. With room to expand, park equipment, or add additional structures.

Investor Tools

Property Icon
$79,000
Estimated Property Value
$0Estimated Mortgage Balance
$79,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$474 /month
Positive
Cash Flow Estimate:
$158 /month

Interested in this property?

Lilliana Sotelo

Heritage Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$537
$38,453
2025
$13,985
$24,468
$38,453
No

Tax History

Year
Tax Paid
Assessed Value
2024
$537
$38,453

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$79,000
100%
0%
$0/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.

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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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1897 S Shawnee | Property Details | No Agent List