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$100,033

402 E 8th St, Odessa, TX, 79761

$130,043 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,190 Sq Ft
RetailRetail
price_per_sqft$55 / sqft
Year BuiltBuilt in 1948

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5,001 sqft

Building Information

Year Built1948

Land Information

APN22000.04100.00000
Lot Number4
SubdivisionOriginal Town
Land UseCommercial
Legal DescriptionORIGINAL TOWN BLOCK 58 W 50 OF LOT 4
Census Tract001500
Assessed Land Value$22,200
Assessed Improvement Value$77,833
Assessment Year2025

About this property

402 E 8th St offers approximately 4,190 square feet of building area on a 5,001 square foot lot in downtown Odessa. The property's commercial zoning and central location provide flexibility for a range of potential uses, including retail, office, or service-related operations. Its size and footprint make it manageable for an owner-occupant while still offering visibility and accessibility within the city's core. Subject property includes both units - 402 and 404 E 8th St.

Investor Tools

Property Icon
$100,033
Estimated Property Value
$0Estimated Mortgage Balance
$100,033Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$130,043
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,383 /month
Positive
Cash Flow Estimate:
$461 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,108
$100,033
2025
$22,200
$77,833
$100,033
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,108
$100,033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,033
100%
0%
$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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402 E 8th St | Property Details | No Agent List