$988,000
NAL Estimated Property Value4151 Covey Dr, Odessa, TX, 79762
$1,284,400 ARV
Off Market
Property Lead Type:
ARV FlipAbsentee Owner
Highlights
Interior
AppliancesOther Water Heater, Electric Cooktop, Dishwasher, Disposal, Water Softener Rented
FlooringCarpet, Tile
Exterior
Exterior FeaturesAuto Sprinkler
Lot Size2.50 acres
Building Information
Year Built2009
Garage Spaces10
Land Information
APN40030.00120.01000
Land UseResidential
Legal DescriptionT-1-S BLK 42 SEC 36 (CARD #13)
Census Tract003002
Assessed Land Value$75,000
Assessed Improvement Value$724,432
Assessment Year2025
About this property
Space galore inside & out! This 3 bed, 3.5 bath home with 2 living areas, formal dining, gym/nursery and office could easily be used as a 4 BR home! Several updates have been done to this gem including complete bathroom remodels and much more! This family has put their heart and pride of homeownership into this home, but it's time for these "near empty-nesters" to scale things down. They have found their next home and are ready to look at all offers on this beauty! Call today for showing!!
Investor Tools
$988,000
Estimated Property Value
$730,898Estimated Mortgage Balance
$258,217Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,284,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,209/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,563
$799,432
2025
$75,000
$724,432
$799,432
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,563
$799,432
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$744,000
No
First
Apr 30, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$730,898
$194,102
20%
74%
$4,461/mo
