Last 24 Hours
$575,000
3011 Lorrane Rd, Odessa, TX, 79766
$747,500 ARV
On Market
— Beds
— Bath
5,380 Sq Ft
Mobile Homes
$106.88 / sqft
Built in 2022Property Lead Type:
Must-SellARV FlipAbsentee OwnerHigh Equity
About this property
Income-producing commercial property featuring five mobile homes, one RV hookup, and a 30x30 shop, all included in the sale. All units and Shop are currently leased, providing immediate rental income. Located in a growing area of Odessa, this turnkey investment offers steady cash flow with potential for future rent increases and long-term appreciation.
Investor Tools
$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$747,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$707
$43,091
2025
N/A
$43,091
$43,091
No
Tax History
Year
Tax Paid
Assessed Value
2024
$707
$43,091
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$107,000
100%
0%
$0/mo
12.4%