
$252,000
NAL Estimated Property Value5503 Lancaster Dr, Odessa, TX, 79762
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About this property
Beautifully remodeled home with stucco exterior and hardwood floors throughout. Updated kitchen and baths, grand pantry, and modern lighting. Primary suite features a walk-in closet and spa-like bath with built-in speakers. Enclosed garage offers flexibility for a bonus room or can be converted back. Enjoy a private backyard with new fence, turf, patio, and pergola (conveys). Storage building with electricity included.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Odessa
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