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$189,995

9063 W Riggs Dr, Odessa, TX, 79764

$246,994 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$72.1 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal
FlooringTile, Wood

Exterior

Exterior FeaturesStorage
Lot Size43,120 sqft

Building Information

Year Built1950
Garage Spaces9

Land Information

APN11600.00330.00000
Lot Number4
SubdivisionGoldies Acres
Land UseResidential
Legal DescriptionGOLDIES ACRES BLOCK 23 LOT 4
Census Tract002702
Assessed Land Value$42,689
Assessed Improvement Value$280,793
Assessment Year2025

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.

Investor Tools

$0Estimated Mortgage Balance
$394,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$246,994
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Jeb Bryant

The Real Estate Power Houses

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,348
$323,482
2025
$42,689
$280,793
$323,482
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,348
$323,482

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$394,000
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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9063 W Riggs Dr | Property Details | No Agent List