$557,000
NAL Estimated Property Value7001 Melick Cir, Odessa, TX, 79765
$603,817 ARV
Recently Sold
9/02/26
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater, Dryer Electric, Electric Cooktop, Self Cleaning Oven, Microwave, Disposal
FlooringCarpet, Tile
Exterior
Exterior FeaturesAuto Sprinkler
Lot Size25,317 sqft
Building Information
Year Built1991
Garage Spaces2
Land Information
APN26555.00500.00000
Lot Number1
SubdivisionRatliff Ranch
Land UseResidential
Legal DescriptionRATLIFF RANCH BLOCK 6 LOT 1
Census Tract002501
Assessed Land Value$117,227
Assessed Improvement Value$329,407
Assessment Year2025
About this property
Don't miss your chance to own this beautifully maintained 4-bedroom, 3-bathroom home with a 3-car garage. Owned by only two families & kept in immaculate condition, this home is located in the highly desirable Ratliff Ranch subdivision and sits on a corner lot with approximately 0.58 acres. Features include a secluded primary suite with his-and-her closets, a 4th bedroom with a private en suite bath, a bonus room, water well-fed sprinklers, & a spacious laundry room. Room for a pool or shop!
Investor Tools
$557,000
Estimated Property Value
$125,902Estimated Mortgage Balance
$431,098Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$603,817
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,342 /month
Positive
Cash Flow Estimate:
$1,114 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,207
$446,634
2025
$117,227
$329,407
$446,634
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,207
$446,634
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$191,220
No
First
Nov 8, 2011
Dec 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,902
$428,098
77%
23%
$1,147/mo
