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Days30Days on Market
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$150,000

2723 E 31st St, Odessa, TX, 79762

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,734 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.51 / sqft
Year BuiltBuilt in 1950

About this property

This 3-bedroom, 2-bath home offers 1,734 sq. ft. of living space with a spacious layout and generously sized bedrooms. Whether you're a first-time homebuyer ready to add your personal touch or an investor looking for your next opportunity, this home has plenty of potential. Conveniently located near schools, shopping, and dining.

Investor Tools

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$219,000
Estimated Property Value
$133,500Estimated Mortgage Balance
$97,320Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

Interested in this property?

Andrea Delacruz

Heritage Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

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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2723 E 31st St | Property Details | No Agent List