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$480,000

7602 Oxwich St, Odessa, TX, 79765

$514,044 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.8 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesGas Water Heater, Tankless Water Heater, Electric Cooktop, Microwave, Dishwasher, Disposal, Refrigerator, Plumbed For Ice Maker, Dryer, Oven, Water Softener Owned, Water Purifier Owned
FlooringCarpet, Tile

Exterior

Lot Size7,841 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN05530.00913.00000
Lot Number2
SubdivisionCastle Ridge
Land UseResidential
Legal DescriptionCASTLE RIDGE BLOCK 10 LOT 2
Census Tract003004
Assessed Land Value$43,673
Assessed Improvement Value$401,802
Assessment Year2025

About this property

This awesome John Burnett Construction home is located in a highly desired neighborhood. It's flooring is an upgrade from builder's grade. The floor plan flow is perfect for all your entertainment needs. There is a spacious primary bedroom & bath also has a large closet. The two guest bedrooms to the east have a Jack & Jill bath. An resident only playground has something for all ages, even adults can bar-b-que, shoot some hoops or just relax.

Investor Tools

$165,071Estimated Mortgage Balance
$314,929Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$514,044
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

Interested in this property?

Deborah Dudley

The Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,695
$445,475
2025
$43,673
$401,802
$445,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,695
$445,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest 66 Cu
Conventional
$181,800
No
First
Jul 23, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,071
$336,929
67%
34%
$1,090/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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7602 Oxwich St | Property Details | No Agent List