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$437,000

NAL Estimated Property Value

8825 Heather Ln, Odessa, TX, 79764

$488,397 ARVInfo
SoldInfo
6/22/26
Beds3 Beds
Baths2 Bath
Baths2,563 Sq Ft
price_per_sqft$181.43 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Water Heater, Dryer Electric, Electric Cooktop, Microwave, Dishwasher, Disposal, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size15,377 sqft

Building Information

Year Built1986
Garage Spaces5

Land Information

APN32690.00860.00000
Lot Number7
SubdivisionUniversity Park Iv & V & Vi
Land UseResidential
Legal DescriptionUNIVERSITY PARK IV & V & VI BLOCK 16 LOT 7
Census Tract000100
Assessed Land Value$30,904
Assessed Improvement Value$273,518
Assessment Year2025

About this property

University Park one owner charmer on 1/3 acre with 900 sq ft shop with two RV height garage doors. Beautifully landscaped yard with sprinkler system and mature trees. The home has tons of character with an atrium, small library with ladder entry, lots of closet space. New Carpet, new windows, new roof, new electric fireplace insert. Large covered back patio with a pergola. All three rooms are spacious with large closets! What are you waiting for...... come snatch this beauty up!!!

Investor Tools

Property Icon
$437,000
Estimated Property Value
$0Estimated Mortgage Balance
$437,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$488,396
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,731
$304,422
2025
$30,904
$273,518
$304,422
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,731
$304,422

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$466,000
100%
0%
$0/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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8825 Heather Ln | Property Details | No Agent List