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$486,000

NAL Estimated Property Value

2913 Deering Dr, Odessa, TX, 79762

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,077 Sq Ft
price_per_sqft$160.87 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesGas Water Heater, Dryer Electric, Electric Cooktop, Self Cleaning Oven, Indoor Grill/Vent, Dishwasher, Disposal, Trash Compactor
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size39,814 sqft

Building Information

Year Built1976
Garage Spaces4

Land Information

APN06700.01283.00000
Lot Number1
SubdivisionCountry Club
Land UseResidential
Legal DescriptionCOUNTRY CLUB BLOCK 10 LOT 1
Census Tract002900
Assessed Land Value$118,643
Assessed Improvement Value$347,313
Assessment Year2025

About this property

Loads of space & potential. Sitting on .914 acre. discover serious functionality in this property. With over 3,000 sq ft of living space, this property features 2 living/2 dining, & a 4-car garage perfect for, entertaining, or anyone craving room to spread out. However, the real showstopper? A massive 2,000sq ft insulated shop with 3 bay doors, ideal for projects, storage, car collection, or a home-based business. A bit of vintage charm, but packed with possibilities for modern updates.

Investor Tools

Property Icon
$486,000
Estimated Property Value
$364,179Estimated Mortgage Balance
$122,356Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,103
$465,956
2025
$118,643
$347,313
$465,956
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,103
$465,956

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$366,300
Yes
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,179
$121,821
25%
75%
$2,197/mo

City: Odessa

2913 Deering Dr | Property Details | No Agent List