This 17-bedroom income property in West Odessa offers an exceptional cash-flow opportunity situated on a sprawling 2.5-acre lot. Located in a prime area with high demand for workforce housing, the asset provides immediate revenue with significant room for rental growth. The expansive acreage also offers untapped potential for further development, such as additional units or storage. It is a rare find for investors seeking a high-yield residential portfolio in a strategic Texas hub.
| MLS # | 50090971 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 263 |
| Listing Provided By | Keller Williams | Jonathan Purkey |
| SQ Feet | 6,375 |
|---|---|
| Acreage | 2.54 |
| Tax Annual Amount | 2650.46 |
|---|
| State | TX |
|---|---|
| County | Ector |
| City | Odessa |
| Zip Code | 79763 |
| Area | EW7 |
| Community Name | Knox Village Ranchettes Ph 1 |
| Listing VS Median (in Knox Village Ranchettes Ph 1) | |
Price: $550,000 low | high Med: $550,000 sqft: 6,375 low | high Med: 6,375 $ / sqft: $86 low | high Med: $86 On site: 263 low | high Med: 263 | |
| State | TX |
|---|---|
| County | Ector |
| City | Odessa |
| Zip Code | 79763 |
| Area | EW7 |
| Community Name | Knox Village Ranchettes Ph 1 |
| Listing VS Median (in Knox Village Ranchettes Ph 1) | |
Price: $550,000 low | high Med: $550,000 sqft: 6,375 low | high Med: 6,375 $ / sqft: $86 low | high Med: $86 On site: 263 low | high Med: 263 | |