For SaleRisky Deal41 days on market
4606 Somerset Ln
4606 Somerset Ln, Odessa, TX 79761, Odessa, TX 79761
$389,900
Listing Price
4606 Somerset Ln, Odessa, TX 79761
Loc: Odessa, TX
Days Listed
41
Tax Assessed
$322k
Lot Size
10,411 sqft
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.
6
Blanton Elementary School
PK-5
1.4 mi away
4
Nimitz Middle School
6-8
1.1 mi away
2
Permian High School
9-12
2.2 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
Single Family Residence1977Central, GasCentral Air, Electric2 Attached Garage spaces10,410 sqft41 Days$152
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.31%
Total ROI
74.2%
Cash Flow
$-299/mo
DSCR
0.85
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-299/mo net cash flow with a 5.3% 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 |
|---|---|---|---|
| 2026-08-31 | Price change | $389,900 | $152 |
| 2026-08-13 | Listed for sale | $394,900 | $154 |
| 2022-01-25 | Listing removed | $0 | – |
| 2022-01-11 | Listed for sale | $295,000 | $115 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $321,922 |
| 2025 | $3,158.05 | $311,480 |
| 2024 | $2,843.88 | $309,195 |
| 2023 | $2,811.36 | $301,591 |
| 2022 | $4,189.83 | $284,740 |
| 2021 | $4,235.11 | $275,385 |
| 2020 | $0 | $266,886 |
| 2019 | $3,787.58 | $255,714 |
| 2018 | $3,903.78 | $231,454 |
| 2017 | $2,984.41 | $239,948 |
| 2016 | $2,984.41 | $239,948 |
| 2015 | $2,984.41 | $0 |
| 2014 | $2,984.41 | $230,225 |
| 2012 | $2,984.41 | $0 |
| 2011 | $3,027.5 | $206,723 |
| 2010 | $3,029.19 | $212,137 |
| 2009 | $3,066.8 | $214,687 |
| 2008 | $0 | $195,170 |
| 2007 | $0 | $177,428 |
| 2006 | $0 | $142,171 |
| 2005 | $0 | $129,247 |
| 2004 | $0 | $123,580 |
| 2003 | $0 | $115,344 |
| 2002 | $0 | $111,089 |
| 2001 | $0 | $105,587 |
| 2000 | $0 | $105,587 |
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