




$189,995
9063 W Riggs Dr, Odessa, TX, 79764
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About this property
Investor opportunity with land, workspace, and plenty of potential in West Odessa! This property offers the combination investors are looking for—a generously sized lot, an existing residence, and a bonus workshop that provides valuable additional space and flexibility. The large lot is a standout feature, offering room for equipment, trailers, additional parking, outdoor storage, recreational use, or future improvements subject to applicable restrictions and requirements. For investors, contractors, mechanics, or buyers needing space to operate and store equipment, the property's layout provides possibilities that are difficult to find on a traditional residential lot. Adding even more value is the bonus workshop, providing dedicated space for projects, tools, storage, hobbies, or other permitted uses. The existing residence gives an investor the opportunity to renovate and improve the property while taking advantage of the additional land and workshop already in place. Situated in the West Odessa area, the property offers convenient access to Odessa, Loop 338, major roadways, shopping, employment centers, and the Permian Basin's extensive oil and energy industry. The combination of location, land, workshop space, and improvement potential makes this an attractive option for a renovation, rental, owner-user, or long-term investment strategy. Bring your vision and explore the possibilities this property has to offer. Property is being sold AS IS. Buyer and buyer's agent to independently verify lot size, square footage, workshop dimensions, utilities, property boundaries, zoning, restrictions, permitted uses, and all information deemed important.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Odessa
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