For SaleRisky Deal68 days on market
3700 Locust Ave
3700 Locust Ave, Odessa, TX 79762, Odessa, TX 79762
$160,000
Listing Price
3700 Locust Ave, Odessa, TX 79762
Loc: Odessa, TX
Days Listed
68
Tax Assessed
$190k
Lot Size
0.26 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Burnet Elementary School
K-5
0.3 mi away
4
Bonham Junior High School
6-8
1.2 mi away
2
Permian High School
9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyvinyl sidingattached garagefront porchlattice railingbeige exteriorasphalt shingle roofsuburbanminimalistrectangular layoutspacious front lawnwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.13%
Total ROI
48.7%
Cash Flow
$-279/mo
DSCR
0.66
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-279/mo net cash flow with a 4.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Odessa, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-01 | Price change | $160,000 | $99 |
| 2026-08-25 | Price change | $165,000 | $102 |
| 2026-08-17 | Price change | $170,000 | $105 |
| 2026-08-06 | Price change | $180,000 | $111 |
| 2026-07-29 | Price change | $185,000 | $114 |
| 2026-07-17 | Listed for sale | $190,000 | $117 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $189,779 |
| 2025 | $4,097.83 | $184,199 |
| 2024 | $4,244.9 | $201,415 |
| 2023 | $4,086.76 | $193,852 |
| 2022 | $4,326.72 | $187,280 |
| 2021 | $4,230.15 | $178,355 |
| 2020 | $0 | $176,869 |
| 2019 | $3,478.54 | $170,277 |
| 2018 | $3,090.06 | $141,086 |
| 2017 | $2,445.92 | $131,248 |
| 2016 | $2,445.92 | $131,248 |
| 2015 | $2,445.92 | $0 |
| 2014 | $2,445.92 | $128,246 |
| 2012 | $2,445.92 | $0 |
| 2011 | $2,469.07 | $109,348 |
| 2010 | $2,492.42 | $111,882 |
| 2009 | $2,540.98 | $113,609 |
| 2008 | $0 | $101,949 |
| 2007 | $0 | $84,202 |
| 2006 | $0 | $70,224 |
| 2005 | $0 | $57,857 |
| 2004 | $0 | $54,716 |
| 2003 | $0 | $49,742 |
| 2002 | $0 | $46,440 |
| 2001 | $0 | $46,440 |
| 2000 | $0 | $46,440 |
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