3104 Byron Ave · Odessa, TX 79762

$235,000

3 bd · 2.0 ba · 1,664 sqft · SingleFamily public records · 3 Days on market

Built 1957 9,648 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.3/30.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Livability +3.8/5.0
• 1% rule +3.5/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming updated home in established neighborhood has much to offer. Granite and recent appliances in kitchen. Cozy fireplace, large bedrooms. Attic has decking for storage. Backyard is picture perfect with great porch for entertaining.

Key facts

• 9,648 sq ft lot
• 2 garage spots
• Built 1957

Property features AI

Exterior

• Parking: 2 total parking spaces; 2 covered parking spaces; 2-car garage
• Security: Leased security system
• Utilities: Public water; Public sewer; Propane service
• Home design: Single-family residence; Residential property
• Construction: Composition roof; Slab foundation; Built for single-family use
• Exterior features: Landscaped lot; Paved road access; Wood fencing; Solar panels

Interior

• Kitchen: Electric range; Microwave; Dishwasher; Water heater
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Blinds on windows; Living room fireplace; Leased security system

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $45 ($536/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (14.9% below list).
• Recommended offer: $200k (14.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 75/100 on livability (#132 in TX, #3,928 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, amenities D.
• Ector County ISD (urban): math 22% / reading 27% proficiency, ranked #707 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Edward K Downing El (math 25% / reading 20%, grade F, #3,311 of 4,322 statewide, top 77%, 817 students, 85% FRL); Bonham Middle (math 9% / reading 16%, grade F, #1,616 of 1,662 statewide, top 97%, 867 students, 65% FRL); Permian H S (math 19% / reading 29%, grade F, #1,333 of 1,632 statewide, top 82%, 3,978 students, 51% FRL).
• Market conditions: Rents rising (+1.4%/yr); 263 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,004 units permitted in Ector County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Ector County population projected at +78% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,873 (14.9% below list)

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 6.52%
• Cash-on-cash: 0.81%
• DSCR: 1.04
• GRM: 9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.36% rent growth · sell at horizon

5-year hold

• IRR: -16.8%
• Equity multiple: 0.41×
• Total profit: $-38,506
• Equity at exit: $35,039

10-year hold

• IRR: -11.7%
• Equity multiple: 0.35×
• Total profit: $-42,853
• Equity at exit: $20,319

Cash invested: $65,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79762

• Rents YoY: 1.4%
• Active inventory: 263
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,999 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$204 /mo · $2,449/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $45

Break-even live

Break-even rent $1,942

Max offer price $235,000

Occupancy floor 93%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2905 Byron Ave Odessa, TX	3.0	2.0	1816	$2,400	$1.32	13d	1	0.13mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1374	$1,800	$1.31	21d	1	0.26mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1508	$1,800	$1.19	13d	1	0.26mi
3009 N Century Ave Odessa, TX	3.0	2.0	1909	$2,600	$1.36	43d	1	0.30mi
2801 Redbud Ave Odessa, TX	3.0	2.0	1558	$1,800	$1.16	13d	1	0.32mi
3420 Fairlane Ave Odessa, TX	3.0	2.0	2164	$2,100	$0.97	21d	1	0.34mi
2826 Hilltop Dr Odessa, TX	4.0	2.0	1307	$2,000	$1.53	13d	1	0.51mi
3812 E Everglade Ave Odessa, TX	3.0	2.0	1861	$2,500	$1.34	21d	1	0.54mi
2608 Cumberland Rd Odessa, TX	2.0	2.0	1404	$1,500	$1.07	13d	1	0.63mi
1709 Byron Ave Odessa, TX	3.0	2.0	1981	$1,975	$1.00	43d	1	0.68mi
1706 Emerald Ave Odessa, TX	3.0	2.0	1992	$2,500	$1.26	43d	1	0.70mi
2702 S Colonial Dr Odessa, TX	3.0	1.0	1490	$1,500	$1.01	13d	1	0.71mi
3824 Englewood Cir Odessa, TX	2.0	1.5	1150	$1,295	$1.13	13d	1	0.72mi
3616 E 30th St Odessa, TX	3.0	2.0	1436	$1,995	$1.39	43d	1	0.72mi
3902 Englewood Cir Odessa, TX	2.0	1.5	1280	$1,445	$1.13	13d	1	0.74mi
4217 Redbud Ave Odessa, TX	3.0	1.5	1203	$2,200	$1.83	13d	1	0.75mi
3904 Englewood Cir Odessa, TX	2.0	1.0	1280	$1,445	$1.13	13d	1	0.75mi
3907 Englewood Cir Odessa, TX	2.0	1.5	1170	$1,395	$1.19	13d	1	0.77mi
4233 Bonham Ave Odessa, TX	3.0	2.0	1144	$1,600	$1.40	43d	1	0.78mi
3802 Englewood Cir Odessa, TX	2.0	1.5	1150	$1,295	$1.13	13d	1	0.80mi
4207 Dakota Ave Odessa, TX	3.0	2.0	1904	$2,300	$1.21	43d	1	0.80mi
4256 Bonham Ave Odessa, TX	3.0	2.0	1261	$1,600	$1.27	21d	1	0.87mi
1212 E Century Ave Odessa, TX	3.0	1.0	1359	$1,300	$0.96	21d	1	0.87mi
3916 Boulder Ave Odessa, TX	3.0	2.0	1935	$2,100	$1.09	21d	1	0.91mi
1401 E 18th St Odessa, TX	3.0	2.0	1690	$2,000	$1.18	13d	1	0.92mi
3624 Walnut Ave Odessa, TX	3.0	1.0	1488	$1,950	$1.31	43d	1	0.96mi
3310 Tanglewood Ln Unit 1 Odessa, TX	3.0	2.5	1732	$2,200	$1.27	21d	1	1.00mi
3312 Tanglewood Ln Odessa, TX	3.0	2.5	1664	$2,000	$1.20	43d	1	1.00mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	13d	24	1.00mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	21d	17	1.00mi
1308 Alpine St Odessa, TX	3.0	2.0	1800	$2,195	$1.22	13d	1	1.02mi
1202 E 42nd St Odessa, TX	3.0	1.0	1100	$1,650	$1.50	43d	1	1.07mi
4425 Conley Ave Odessa, TX	3.0	1.5	1584	$2,200	$1.39	21d	1	1.10mi
4424 Conley Ave Odessa, TX	4.0	2.5	2100	$2,500	$1.19	43d	1	1.12mi
1813 Petroleum Dr Odessa, TX	3.0	2.0	1299	$1,700	$1.31	21d	1	1.15mi
1513 E 11th St Odessa, TX	3.0	2.0	1728	$3,300	$1.91	43d	1	1.18mi
2511 Beechwood St Odessa, TX	3.0	2.0	2200	$2,595	$1.18	13d	1	1.23mi
4315 Esmond Dr Odessa, TX	1.0–2.0	1.0–2.5	839	$1,550	$1.85	21d	22	1.27mi
2620 Cambridge St Odessa, TX	3.0	2.0	1595	$1,950	$1.22	21d	1	1.33mi
2705 Cambridge St Odessa, TX	3.0	2.0	1456	$2,400	$1.65	21d	1	1.36mi

Listing history 4 events

1. 2026-06-03
   days on market $235,000 Active 3 DOM
2. 2026-06-01
   days on market $235,000 Active 2 DOM
3. 2026-05-31
   remarks 492-char remark
4. 2026-05-31
   listed $235,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,449 · $204/mo
• Projected year-2 tax: $4,300 · $358/mo
• Expected delta: +$1,852/yr (+$154/mo · 75.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥101°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,985
• − Mortgage interest: −$13,164
• − Property taxes: −$2,449
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,919
• − Management: −$1,919
• − Depreciation: −$6,836
• Taxable loss: −$3,476
• Est. tax savings @ 24.0%: +$834
• After-tax cash flow: $1,370/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Ector County ISD
• NCES district ID: 4818000
• Math proficiency: 22% ▼ -9.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $52,740
• Composite: 21.89/100
• National rank: #8233
• State rank: #707 of 826 in TX

Livability — Odessa

• Score: 75/100
• State rank: #132
• US rank: #3928

Category grades

Amenities D Commute D+ Cost of living A+ Crime C Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Odessa, TX
• County: Ector County · 131,169 people
• City population: 131,169
• Metro: Odessa, TX
• Population (ZIP): 39,927
• Household income: $75,272
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 1477.0

Population outlook (Ector County) Hauer SSP2

• Today (2025): 212,765 people
• By 2030: 241,962 · +13.7%
• By 2040: 306,582 · +44.1%
• By 2050: 379,755 · +78.5%
• By 2075: 568,991 · +167.4%
• By 2100: 709,829 · +233.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Hispanic / Latino 52% White 38% Two or more races 22% Black 6% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 45% Cuban 3%
• Common ancestry: Slovak 1% Lithuanian 1% Italian 1%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 68% English-only · Spanish 30%

Political lean MEDSL · Ector

• 2024 margin: Solid R (+52.9) · D 23.2% · R 76.1%
• 2008→2024 swing: -4.9pp toward R · 2008: -48.0pp · 2024: -52.9pp
• All cycles: 2024: R+52.9 2020: R+47.8 2016: R+40.6 2012: R+48.9 2008: R+48.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -194.97%
• Current HPI: 229.6022
• Rent YoY: ▲ 1.36%
• Metro: Odessa, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+52.6% since first listed

9 events — show timeline

• 2026-05-30 Listed $235,000 ODMLS
• 2025-11-07 Price Changed $261,000 ODMLS
• 2014-11-24 Sold (Public Records) — Public Records
• 2014-11-20 Sold (MLS) — ODMLS
• 2014-10-08 Listed $179,900 ODMLS
• 2012-09-19 Sold (Public Records) — Public Records
• 2012-09-18 Sold (MLS) — ODMLS
• 2012-07-31 Listed $154,000 ODMLS
• 2004-07-02 Sold (Public Records) — Public Records

Property tax history

-2.7%/yr

Latest (2025): $2,449 · -31.6% YoY. Source: county tax records.