For SaleRisky Deal0 days on market
405 E 38th St
405 E 38th St, Odessa, TX 79762, Odessa, TX 79762
$145,000
Listing Price
405 E 38th St, Odessa, TX 79762
Loc: Odessa, TX
Days Listed
0
Tax Assessed
$119k
Lot Size
8,756 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Goliad Elementary School
K-5
1 mi away
6
Wilson & Young Medal of Honor Middle
6-8
0.2 mi away
2
Permian High School
9-12
1.3 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 storybrick exteriorcarportconcrete drivewaylawnresidentialmid-centurysuburbanlow-pitched roofasphalt shingle rooffenced yardclassic architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.67%
Total ROI
60.3%
Cash Flow
$-188/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-188/mo net cash flow with a 4.7% 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $145,000 | $135 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $119,329 |
| 2025 | $857.29 | $115,415 |
| 2024 | $763.51 | $114,910 |
| 2023 | $758.53 | $110,279 |
| 2022 | $1,121.12 | $108,876 |
| 2021 | $1,099.87 | $102,301 |
| 2020 | $0 | $95,387 |
| 2019 | $855.81 | $87,831 |
| 2018 | $1,138.39 | $77,759 |
| 2017 | $399.3 | $75,227 |
| 2016 | $399.3 | $75,227 |
| 2015 | $399.3 | $0 |
| 2014 | $399.3 | $76,473 |
| 2012 | $399.3 | $0 |
| 2011 | $362.29 | $61,783 |
| 2010 | $301.12 | $56,166 |
| 2009 | $256.26 | $51,060 |
| 2008 | $0 | $46,418 |
| 2007 | $0 | $42,199 |
| 2006 | $0 | $38,363 |
| 2005 | $0 | $34,876 |
| 2004 | $0 | $33,181 |
| 2003 | $0 | $30,165 |
| 2002 | $0 | $30,165 |
| 2001 | $0 | $28,353 |
| 2000 | $0 | $28,353 |
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