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$110,349

NAL Estimated Property Value

701 N Washington Ave, Odessa, TX, 79761

$143,454 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,544 Sq Ft
price_per_sqft$142.49 / sqft
Year BuiltBuilt in 1948

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Water Heater, Electric Range, Microwave, Dishwasher, Disposal
FlooringCarpet, Vinyl, Laminate

Exterior

Lot Size7,000 sqft

Building Information

Year Built1948

Land Information

APN13900.00300.00000
Lot Number1
SubdivisionHerbert Wight
Land UseCommercial
Legal DescriptionHERBERT WIGHT BLOCK 20 LOT 1
Census Tract003100
Assessed Land Value$26,810
Assessed Improvement Value$83,539
Assessment Year2025

About this property

Nicely Updated 3 Bedroom 2 Bath Located in Downtown Odessa, Large Living Area with Wood Laminate Flooring, Granite Clad Kitchen with Lots of Cabinets, Huge Utility Room, Sequestered Master Bedroom and Bath, A Bonus Room that Could be a 4th Bedroom, Beautifully Paneled Office Area, Covered Patio, Big Front Porch with Concrete Ramp, Storage Building, Large Parking Pad, Big Corner Lot

Investor Tools

Property Icon
$110,349
Estimated Property Value
$219,901Estimated Mortgage Balance
$110,349Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$143,454
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,326
$110,349
2025
$26,810
$83,539
$110,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,326
$110,349

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$216,015
Yes
First
Aug 14, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,901
N/A
0%
199%
$1,335/mo

City: Odessa

701 N Washington Ave | Property Details | No Agent List