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$198,000

4312 Delwood Ave, Odessa, TX, 79762

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.61 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available

Exterior

Lot Size8,398 sqft

Building Information

Year Built1956
Garage Spaces1

Land Information

APN28600.02544.00000
Lot Number10
SubdivisionSherwood 01-72
Land UseResidential
Legal DescriptionSHERWOOD 01-72 BLOCK 19 LOT 10
Census Tract000500
Assessed Land Value$33,600
Assessed Improvement Value$153,244
Assessment Year2025

About this property

Recently Remodeled 4 bed 3 bath home with 2 living areas and 1 car garage! Upgrades include, flooring, paint, bathrooms, kitchen, some appliances and fixtures, as well as some time and hardware and mini splits. Large den with fireplace and built ins that leads into the sequestered primary bedroom with on suite bathroom and large closet. Open kitchen and dining with 3 beds and 2 baths down the hall from the front living space. Still a good sized backyard as well! Bring offers!

Investor Tools

Property Icon
$198,000
Estimated Property Value
$3,928Estimated Mortgage Balance
$194,083Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,331
$186,844
2025
$33,600
$153,244
$186,844
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,331
$186,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Housing Corporati
Stand Alone Second / Subordinate Position
$3,928
No
First
Mar 25, 2026
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,923
$187,077
97%
2%
$24/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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4312 Delwood Ave | Property Details | No Agent List