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$33,331

201 W Murphy St, Odessa, TX, 79761

$43,330 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,080 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1947

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4,160 sqft

Building Information

Year Built1947

Land Information

APN29200.00580.00000
Lot Number6-7
SubdivisionSmith Pearson
Land UseCommercial
Legal DescriptionSMITH PEARSON BLOCK 6 LOTS 6-7
Census Tract001900
Assessed Land Value$5,325
Assessed Improvement Value$28,006
Assessment Year2025

About this property

Affordable commercial corner lot with SHOP in an established business area! This small, level parcel is zoned for commercial use & is currently used as a mechanic work area. Garage/shop is in unknown conditions. This property benefits from visibility, corner access, & proximity to ongoing commercial activity. Ideal for an owner-operator, small service-based business, storage use, or as a low-cost investment for future development!

Investor Tools

Property Icon
$33,331
Estimated Property Value
$0Estimated Mortgage Balance
$33,331Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$43,330
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$72/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$702
$33,331
2025
$5,325
$28,006
$33,331
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2024
$702
$33,331

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$33,331
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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201 W Murphy St | Property Details | No Agent List