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$1,500,000

2911 Beefstew, Odessa, TX, 79766

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,230 Sq Ft
WarehouseWarehouse
price_per_sqft$354.61 / sqft
Year BuiltBuilt in 2018

About this property

Versatile commercial property featuring a fabricated metal building with multiple income-producing opportunities. The property includes four apartment units currently rented at $900 per month each, a warehouse with machinery and office space, and three additional shop areas. Equipped with three-phase electricity to support a variety of business operations. Two water wells service the property — one designated for the apartments and one for the commercial facilities. RV spaces are also available

Investor Tools

$0Estimated Mortgage Balance
$1,485,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$596
$34,019
2025
N/A
$34,019
$34,019
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$596
$34,019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,485,000
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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2911 Beefstew | Property Details | No Agent List