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$281,000

NAL Estimated Property Value

2940 Cercado Dr, Odessa, TX, 79763

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,280 Sq Ft
price_per_sqft$125 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
AppliancesGas Water Heater, Electric Range, Microwave, Dishwasher, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesOther - See Remarks
Lot Size1 acre

Land Information

APN26450.00050.00000
Lot Number13
SubdivisionRanchito De Carrillo
Land UseResidential
Legal DescriptionRANCHITO DE CARRILLO BLOCK 2 LOT 13
Census Tract002801
Assessed Land Value$37,897
Assessed Improvement Value$10,500
Assessment Year2025

About this property

Unique opportunity - Two homes on one acre!! Looking for an investment property or multi-family setup? This versatile 1-acre lot features two well maintained mobile homes. Perfect for extended family living, rental income or both!! Mobile home 1 is a 4-bedroom, 2 bathrooms, 2280 sq feet, with crown molding, newer flooring and texture throughout. Mobile home 2 is a 3-bedroom 2-bathroom,1064 sq feet built in 2017. Well and septic! PRICED TO SELL!!! CALL TODAY!!

Investor Tools

Property Icon
$281,000
Estimated Property Value
$262,593Estimated Mortgage Balance
$18,802Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$615
$48,397
2025
$37,897
$10,500
$48,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$615
$48,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Unknown
$266,089
No
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,593
$21,407
7%
93%
$1,596/mo

City: Odessa

2940 Cercado Dr | Property Details | No Agent List