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$209,900

4649 Lemonwood Ln, Odessa, TX, 79761

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,725 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.68 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesElectric Water Heater, Electric Range, Dishwasher, Dryer, Water Purifier Owned
FlooringCarpet, Laminate

Exterior

Lot Size7,183 sqft

Building Information

Year Built1981
Garage Spaces2

Land Information

APN32660.02060.00000
Lot Number12
SubdivisionUniversity Gardens
Land UseResidential
Legal DescriptionUNIVERSITY GARDENS BLOCK 5 E PART OF LOT 12
Census Tract002300
Assessed Land Value$27,507
Assessed Improvement Value$176,601
Assessment Year2025

About this property

Low maintenance 3 bed 2 bath duplex side with covered patio, 2 car rear entry garage with additional parking, mature trees, and small yard. Large living room with high ceilings. Formal dining area as well as breakfast nook. Tons of storage throughout as well. Large bedrooms with good sized closets. Home to be sold As is, Where is, with All Faults. Bring offers!!!

Investor Tools

Property Icon
$204,108
Estimated Property Value
$252,000Estimated Mortgage Balance
$31,179Estimated Equity
-23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Cameron Willmann

Keller Williams Realty - Midland & Odessa

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,307
$204,108
2025
$27,507
$176,601
$204,108
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,307
$204,108

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Open Mortgage Llc
Reverse Mortgage / Hecm
$252,000
No
First
Sep 28, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,929
$31,179
15%
85%
$1,511/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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4649 Lemonwood Ln | Property Details | No Agent List