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$286,000

NAL Estimated Property Value

7044 W 24th St, Odessa, TX, 79764

$304,459 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,424 Sq Ft
price_per_sqft$123.76 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesNone, Dryer, Water Heater
FlooringVinyl

Exterior

Lot Size17,999 sqft

Building Information

Year Built1961
Garage Spaces3

Land Information

APN34100.00085.00000
Lot Number7-8
SubdivisionWestern Addn
Land UseResidential
Legal DescriptionWESTERN ADDN BLOCK 1 LOTS 7-8 LIFE ESTATE--POUNDS PATSY BONER
Census Tract002803
Assessed Land Value$17,820
Assessed Improvement Value$131,116
Assessment Year2025

About this property

Spacious property on almost have an acre! The 2424 main home features 3 bedrooms, 2 bathrooms, & 2 living rooms. A separate 720 sq ft guest studio includes its own kitchen, bathroom, and mini split--ideal for extended family or rental income. Property also offers a shop, sheet metal roof, city & public water, and septic. Built in 1961, this home provides space, functionality, and potential.

Investor Tools

Property Icon
$286,000
Estimated Property Value
$20,317Estimated Mortgage Balance
$265,683Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$304,458
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$489
$148,936
2025
$17,820
$131,116
$148,936
No

Tax History

Year
Tax Paid
Assessed Value
2024
$489
$148,936

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citifinancial Inc
Unknown
$40,642
No
First
Jan 25, 2007
Feb 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,317
$265,683
92%
7%
$244/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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