$110,349
NAL Estimated Property Value701 N Washington Ave, Odessa, TX, 79761
$143,454 ARV
Off Market
Commercial
Highlights
Interior
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
$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
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
