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$265,000

NAL Estimated Property Value

8631 Lamar Ave, Odessa, TX, 79765

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.9 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Water Heater, Electric Range, Electric Cooktop, Water Softener Rented, Water Purifier Rented
FlooringCarpet

Exterior

Lot Size7,200 sqft

Building Information

Year Built1977
Garage Spaces3

Land Information

APN17300.00760.00000
Lot Number4
SubdivisionLawndale
Land UseResidential
Legal DescriptionLAWNDALE BLOCK 7 LOT 4
Census Tract002501
Assessed Land Value$18,360
Assessed Improvement Value$190,420
Assessment Year2025

About this property

STOP scrolling because this backyard + SHOP combo is hard to find in Odessa! This 4 bedroom, 2 bath home features bold black & white curb appeal, a cozy wood-burning fireplace, sunroom, and updates throughout. Step outside to a beautiful backyard with a covered patio perfect for those West Texas summer nights, entertaining, and relaxing. Plus, the massive shop gives you endless space for projects, storage, or a dream workspace!

Investor Tools

Property Icon
$265,000
Estimated Property Value
$28,210Estimated Mortgage Balance
$236,790Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,213
$208,780
2025
$18,360
$190,420
$208,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,213
$208,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Raymond D Purdy Revocable Living Trust
Seller Carryback / Seller Financing / Seller Take-Back
$45,000
No
First
Oct 29, 2010
Oct 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,210
$235,790
89%
11%
$270/mo

City: Odessa

8631 Lamar Ave | Property Details | No Agent List