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$214,000

NAL Estimated Property Value

408 Hudson Ave, Odessa, TX, 79761

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,270 Sq Ft
price_per_sqft$157.4 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
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

Property Icon
$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

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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

City: Odessa

408 Hudson Ave | Property Details | No Agent List