$214,000
NAL Estimated Property Value408 Hudson Ave, Odessa, TX, 79761
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater, Dryer Electric, Electric Range
FlooringLaminate
Exterior
Lot Size5,998 sqft
Building Information
Year Built1956
Land Information
APN23700.00550.00000
Lot Number12
SubdivisionPatterson
Land UseResidential
Legal DescriptionPATTERSON BLOCK 5 LOT 12
Census Tract001800
Assessed Land Value$3,300
Assessed Improvement Value$94,968
Assessment Year2025
About this property
Charming updated starter home or perfect investment property with so much to offer!!! This 3-bed, 2-bath gem boasts fresh paint, beautiful flooring, and modern fixtures throughout. New roof, new primary sewer line, new siding, new breaker box, new central ac/heating, new R/O water softener and Solar panel system-9.5kw. A spacious backyard and quiet neighborhood. Conveniently located near schools, shopping, and parks. Move-in ready and packed with potential don't miss out!
Investor Tools
$214,000
Estimated Property Value
$199,383Estimated Mortgage Balance
$14,920Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$835
$98,268
2025
$3,300
$94,968
$98,268
No
Tax History
Year
Tax Paid
Assessed Value
2024
$835
$98,268
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Fha
$191,468
Yes
First
Apr 29, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,383
$9,617
4%
93%
$1,218/mo
