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Days19Days on Market
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$12,500

3935 S County Road 1292, Odessa, TX, 79765

On MarketInfo
CommercialInfo
Baths0 Bath
Baths17,500 Sq Ft
price_per_sqft$0.71 / sqft
Year BuiltBuilt in 1979

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size1.52 acres

Building Information

Year Built1979
Stories1
Garage Spaces7

Land Information

APNR000008700
Land UseOther
Legal DescriptionACRES: 1.520 SE/4 SEC: 13 BLK: 41-T2S
Census Tract010125
Assessed Land Value$45,600
Assessed Improvement Value$250,620
Assessment Year2025

About this property

Opportunity to Lease the property at S County Road 1292. The subject property includes approx. 8,750 sqft of shop space & 1,750 sqft of office space. The subject property is fenced and situated on approx. 1.5 acres stabilized. Subject property is metal construction and includes 2 Ton overhead bridge crane, (3) 10' X 10' dock height doors, (2) 14' X 12' bay doors & wash pad. Subject property is in an ideal location within close proximity to I-20 & 1788 for convenient travel across Permian Basin.

Investor Tools

Property Icon
$296,220
Estimated Property Value
$150,000Estimated Mortgage Balance
$1,952Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Keith Trower

TROWER REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,490
$296,220
2025
$45,600
$250,620
$296,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,490
$296,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$150,000
No
First
Apr 8, 2025
Oct 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,268
$1,952
0%
99%
$1,800/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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3935 S County Road 1292 | Property Details | No Agent List