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$119,000

NAL Estimated Property Value

3120 Chestnut Ave, Odessa, TX, 79762

$154,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size9,845 sqft

Building Information

Year Built1952

Land Information

APN02400.00990.00000
Lot Number21
SubdivisionBellaire Heights
Land UseResidential
Legal DescriptionBELLAIRE HEIGHTS BLOCK 5 LOT 21
Census Tract000600
Assessed Land Value$25,102
Assessed Improvement Value$59,882
Assessment Year2025

About this property

Recently renovated 4-bedroom, 2-bath home for lease in a convenient Odessa location across from Bellaire Park. Features a new kitchen, updated flooring, and fresh paint throughout. 1,454 sq ft with central HVAC and inside utility room. Refrigerator and stove included. Large lot with partially fenced yard. No pets allowed. Rent $1,900/month. Security deposit $1,900. Pets-YES, case-by-case. No aggressive breeds. $500 Non-Refundable Pet Deposit per pet.

Investor Tools

Property Icon
$119,000
Estimated Property Value
$15,247Estimated Mortgage Balance
$103,753Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$154,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,754
$84,984
2025
$25,102
$59,882
$84,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,754
$84,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Baxter Cu
Conventional
$61,875
No
First
Oct 28, 2011
Nov 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,247
$103,753
87%
13%
$0/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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3120 Chestnut Ave | Property Details | No Agent List