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$395,000

NAL Estimated Property Value

2509 Bobwhite Dr, Odessa, TX, 79761

$513,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,943 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.58 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available

Exterior

Lot Size7,902 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN32660.07068.01000
Lot Number21
SubdivisionUniversity Gardens
Land UseResidential
Legal DescriptionUNIVERSITY GARDENS BLOCK 36 LOT 21
Census Tract002300
Assessed Land Value$30,257
Assessed Improvement Value$317,399
Assessment Year2025

About this property

Spacious 3-bedroom, 2.5-bath home with huge walk-in closets and a bonus room, tucked away on a quiet cul-de-sac in the East Odessa University Gardens subdivision. Features include a 2-car garage, parking pad for a boat or trailer, plenty of natural light, crown molding throughout & plantation shutters. Additional recent updating including interior painting, windows, granite countertops in kitchen & so much more!

Investor Tools

Property Icon
$395,000
Estimated Property Value
$205,912Estimated Mortgage Balance
$189,088Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$513,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,444
$347,656
2025
$30,257
$317,399
$347,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,444
$347,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$231,300
No
First
Aug 26, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,912
$189,088
47%
52%
$1,387/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2509 Bobwhite Dr | Property Details | No Agent List