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$298,000

5128 Richardson Dr, Odessa, TX, 79762

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,969 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.82 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size8,050 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN09450.02460.00000
Lot Number39
SubdivisionEsmond
Land UseResidential
Legal DescriptionESMOND BLOCK 19 LOT 39
Census Tract002503
Assessed Land Value$27,451
Assessed Improvement Value$235,978
Assessment Year2025

About this property

**NEW LISTING** Located in desired community of Esmond Estates (East Side Odessa). Interior features tall ceilings, 3 large bedrooms, 2 full bathrooms and 2 Living Areas!! Main Living Area has a Fireplace!! Outside is beautifully manicured and has mature trees for shade. Garage is Rear Entry with Alley Access. NO HOA!! Sprinklers in Front & Back Yards. Tell your Favorite Realtor to add this one to your list. IT WONT LAST LONG & ITS YOUR TURN!!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$294,566Estimated Mortgage Balance
$6,869Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,987
$263,429
2025
$27,451
$235,978
$263,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,987
$263,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$294,566
Yes
First
Sep 25, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,566
$6,434
2%
98%
$1,767/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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5128 Richardson Dr | Property Details | No Agent List