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$393,197

NAL Estimated Property Value

8808 Heather Lane, Odessa, TX, 79766

$428,167 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,004 Sq Ft
price_per_sqft$194.61 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size22,686 sqft

Building Information

Year Built1984
Garage Spaces8

Land Information

APN32690.01111.00000
Lot Number41
SubdivisionUniversity Park Iv & V & Vi
Land UseResidential
Legal DescriptionUNIVERSITY PARK IV & V & VI BLOCK 18 LOT 41
Census Tract000100
Assessed Land Value$45,595
Assessed Improvement Value$347,602
Assessment Year2025

About this property

Spacious 2 bed, 2 bath home on over half an acre in Odessa! Updated kitchen with granite, tons of storage, and a large backyard 2 bay shop with a loft -featuring a separate apartment with kitchen and bath—perfect for guests, rental potential, or workspace. Room to live, work, and grow!

Investor Tools

Property Icon
$393,197
Estimated Property Value
$215,944Estimated Mortgage Balance
$177,253Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$428,167
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,359 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,506
$393,197
2025
$45,595
$347,602
$393,197
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,506
$393,197

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pacific Union Financial Llc
Fha
$274,096
Yes
First
Apr 25, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,944
$177,253
45%
55%
$1,644/mo

City: Odessa

8808 Heather Lane | Property Details | No Agent List