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$300,000

NAL Estimated Property Value

8801 Rice Ave, Odessa, TX, 79765

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,819 Sq Ft
price_per_sqft$181.36 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Electric Water Heater, Dryer
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size7,148 sqft

Building Information

Year Built2004
Garage Spaces4

Land Information

APN08890.00910.00000
Lot Number10
SubdivisionEast Park Ph 3
Land UseResidential
Legal DescriptionEAST PARK PH 3 BLOCK 17 LOT 10
Census Tract002501
Assessed Land Value$18,233
Assessed Improvement Value$262,370
Assessment Year2025

About this property

FREE ELECTRICITY & A SHOP?! THIS IS THE ONE! NEVER HAD AN ELECTRIC BILL WITH THESE HIGH END SOLAR PANELS. HUGE CORNER LOT LOW MAINTENANCE YARD, RV PARKING WITH ELECTRICAL HOOKUP, STORE YOUR RV, TRAILERS, TOYS AND MORE! 3 BEDROOM 2 BATHROOM HOME OFFERING SEQUESTERED MASTER WITH DUAL SINKS, SEPARATE TUB AND SHOWER. UPGRADED HARDWOOD FLOORS AND GRANITE. LAUNDRY ROOM OFFERS PLENTY OF STORAGE. SURROUND SOUND ALREADY INSTALLED FOR ENTERTAINING. INSULATED SHOP READY FOR YOUR PROJECTS. MAKE THIS YOURS!!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$286,706Estimated Mortgage Balance
$13,721Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,284
$280,603
2025
$18,233
$262,370
$280,603
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,284
$280,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$289,656
Yes
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,706
$11,294
3%
96%
$1,737/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.

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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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8801 Rice Ave | Property Details | No Agent List