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$83,891

NAL Estimated Property Value

705 E 2nd St, Odessa, TX, 79761

$109,058 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,118 Sq Ft
price_per_sqft$384.62 / sqft
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size19,502 sqft

Building Information

Year Built1958

Land Information

APN22300.00170.00000
SubdivisionOriginal Town 73-79-Htzg 6-Owen-Webb
Land UseCommercial
Legal DescriptionORIGINAL TOWN 73-79-HTZG 6-OWEN-WEBB BLOCK 75 S 130 OF W 150 OF N 290 OF TRACT #1
Census Tract001500
Assessed Land Value$56,745
Assessed Improvement Value$27,146
Assessment Year2025

About this property

Turnkey Drive-Through in Prime Location! Fully remodeled and ready to open this drive-through business sits in a high-traffic, desirable area. Perfect for food or quick-service concepts. Modern upgrades, great visibility, and endless potential! Buyer/Agent to verify taxes, restrictions, zoning, utilities, easements, property boundary lines. Use Showing Time to show. Please Call/Text Alex with any question 432-559-7108

Investor Tools

Property Icon
$83,891
Estimated Property Value
$106,791Estimated Mortgage Balance
$83,891Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$109,058
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,768
$83,891
2025
$56,745
$27,146
$83,891
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,768
$83,891

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Heritage Cu
Building Or Construction Loan
$119,000
No
First
Dec 1, 2020
Jun 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,791
N/A
0%
127%
$714/mo

City: Odessa

705 E 2nd St | Property Details | No Agent List