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$585,000

NAL Estimated Property Value

40 Sunnygrove Dr, Odessa, TX, 79761

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths3,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.36 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size16,248 sqft

Building Information

Year Built1979
Garage Spaces4

Land Information

APN32660.05925.00000
Lot Number7
SubdivisionUniversity Gardens
Land UseResidential
Legal DescriptionUNIVERSITY GARDENS BLOCK 24 LOT 7
Census Tract002300
Assessed Land Value$62,238
Assessed Improvement Value$406,205
Assessment Year2025

About this property

The spacious 5 bedrooms, 5 full bathrooms, 2 half baths. (One half bath is on the backside of detached building with workout equipment in it.) This building is amazing as workout room could also be used as a home office. There is plenty of real grass area for pets of kids to play. (Also has a doggie-door leading out to the yard area) Pool table stays with the home. This is a perfect home for entertaining! Established neighborhood with lots of extra parking. Call to see this lovely home TODAY!!

Investor Tools

Property Icon
$585,000
Estimated Property Value
$495,642Estimated Mortgage Balance
$90,092Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,556
$468,443
2025
$62,238
$406,205
$468,443
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,556
$468,443

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$250,000
No
First
Oct 30, 2025
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,642
$78,358
13%
85%
$2,998/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.

Explore Texas Explore This Area
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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40 Sunnygrove Dr | Property Details | No Agent List