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$179,000

NAL Estimated Property Value

4316 Locust Ave, Odessa, TX, 79762

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,076 Sq Ft
price_per_sqft$166.36 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Electric Range, Refrigerator
FlooringTile

Exterior

Lot Size7,440 sqft

Building Information

Year Built1957
Garage Spaces1

Land Information

APN17500.01510.00000
Lot Number9
SubdivisionLyndale
Land UseResidential
Legal DescriptionLYNDALE BLOCK 9 LOT 9
Census Tract002502
Assessed Land Value$29,760
Assessed Improvement Value$88,878
Assessment Year2025

About this property

Calling all investors. This has been a great rent house for current owner. Has rented for as much as $2200 and as little as $1600. Property has new roof. Will NOT go FHA

Investor Tools

Property Icon
$179,000
Estimated Property Value
$134,186Estimated Mortgage Balance
$45,055Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,420
$118,638
2025
$29,760
$88,878
$118,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,420
$118,638

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Purchase Money Mortgage
$144,000
No
First
Aug 31, 2022
Mar 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,186
$29,814
18%
75%
$864/mo

City: Odessa