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$339,000

NAL Estimated Property Value

3107 Redbud Ave, Odessa, TX, 79762

Off MarketInfo
Beds3 Beds
Baths2,515 Sq Ft
price_per_sqft$125.25 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Oven, Electric Water Heater
FlooringLaminate, Tile

Exterior

Lot Size10,799 sqft

Building Information

Year Built1958
Garage Spaces2

Land Information

APN16350.01360.00000
Lot Number27-28
SubdivisionKenwood Estates
Land UseResidential
Legal DescriptionKENWOOD ESTATES BLOCK 8 LOT 28 & N 8 OF LOT 27
Census Tract000400
Assessed Land Value$50,976
Assessed Improvement Value$241,849
Assessment Year2025

About this property

Your corner of the world is waiting! This unique home on a corner lot also has back-alley access. The kitchen has a beautiful brick wall that makes this area the heart of the home. The large family area has built-in shelves and a wood-burning fireplace. The sunroom retreat has updated windows and rich wood textured walls. You will enjoy parks: Jim Parker, Murphy H Fly Park and the Odessa Family YMCA. Dine at near by Restaurants; Taqueria Reynosa, Mi Piaci Italian... If needed Signature Care EM.

Investor Tools

Property Icon
$339,000
Estimated Property Value
$308,553Estimated Mortgage Balance
$31,109Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,708
$292,825
2025
$50,976
$241,849
$292,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,708
$292,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$272,964
Yes
First
Apr 18, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,553
$22,447
6%
91%
$2,124/mo

Learn About the Market: Opportunity in Texas

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Explore

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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3107 Redbud Ave | Property Details | No Agent List