1519 Lyndale Dr · Odessa, TX 79762

$225,000

4 bd · 2.0 ba · 1,556 sqft · SingleFamily public records · 14 Days on market

Built 1959 10,585 sqft lot $145/sqft · 10% above area Est $204k · 10% over

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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 +19.1/30.0
• DSCR +6.0/10.0
• 1% rule +4.5/10.0
• Livability +3.8/5.0
• ARV discount +2.9/15.0
• 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

Beautiful home with lots of recent updates including exterior & interior paint, carpet and fence. Huge backyard with shop and a gate that gives access to the alley. Concrete pad suitable for a mini basketball court. Kitchen updates: backsplash and dishwasher.

Key facts

• Spacious backyard
• Covered patio
• Functional layout

Tags

• FUNCTIONAL LAYOUT
• SPACIOUS BACKYARD
• COVERED PATIO
• UPDATED BACKSPLASH
• WORKSHOP

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $240 ($3k/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 $213k (5.5% below list).
• Recommended offer: $213k (5.5% 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: Ireland El (math 23% / reading 23%, grade F, #3,277 of 4,322 statewide, top 77%, 446 students, 60% FRL); Wilson & Young Medal of Honor Middle (math 14% / reading 31%, grade F, #1,341 of 1,662 statewide, top 82%, 1,245 students, 56% FRL); Permian H S (math 19% / reading 29%, grade F, #1,333 of 1,632 statewide, top 82%, 3,978 students, 51% FRL) — zoned schools at 56% FRL track the district average.
• Market conditions: Rents rising (+1.4%/yr); 267 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 34% 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 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 20y ago; this cycle's ask is 20% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $212,702 (5.5% below list)

Questions for the listing agent

1. Built in 1959 — 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: 0.95% ✗
• Cap rate: 7.57%
• Cash-on-cash: 4.57%
• DSCR: 1.20
• GRM: 8.8

CMA / ARV

• ARV (median comp): $204,162
• List price: $225,000
• Delta: 10.21%
• Verdict: OVERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -10.9%
• Equity multiple: 0.61×
• Total profit: $-24,658
• Equity at exit: $33,548

10-year hold

• IRR: -4.0%
• Equity multiple: 0.75×
• Total profit: $-15,647
• Equity at exit: $19,454

Cash invested: $63,000 (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: 267
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,127 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$167 /mo · $1,999/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$447
• Net cashflow: $240

Break-even live

Break-even rent $1,823

Max offer price $225,000

Occupancy floor 84%

Sensitivity live

Price	-10% $367	-5% $304	+0% $240	+5% $176	+10% $113
Rent	-10% $72	-5% $156	+0% $240	+5% $324	+10% $408
Rate	-1.0pp $353	-0.5pp $297	base $240	+0.5pp $182	+1.0pp $123

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4207 Dakota Ave Odessa, TX	3.0	2.0	1904	$2,300	$1.21	45d	1	0.11mi
1308 Alpine St Odessa, TX	3.0	2.0	1800	$2,195	$1.22	15d	1	0.34mi
1813 Petroleum Dr Odessa, TX	3.0	2.0	1299	$1,700	$1.31	22d	1	0.42mi
1202 E 42nd St Odessa, TX	3.0	1.0	1100	$1,650	$1.50	45d	1	0.49mi
4233 Bonham Ave Odessa, TX	3.0	2.0	1144	$1,600	$1.40	45d	1	0.51mi
4256 Bonham Ave Odessa, TX	3.0	2.0	1261	$1,600	$1.27	22d	1	0.53mi
4217 Redbud Ave Odessa, TX	3.0	1.5	1203	$2,200	$1.83	15d	1	0.57mi
1613 E 52nd St Odessa, TX	3.0	2.0	1122	$2,200	$1.96	15d	1	0.61mi
1529 E 52nd St Odessa, TX	3.0	2.0	1275	$2,200	$1.73	45d	1	0.61mi
4425 Conley Ave Odessa, TX	3.0	1.5	1584	$2,200	$1.39	22d	1	0.62mi
3624 Walnut Ave Odessa, TX	3.0	1.0	1488	$1,950	$1.31	45d	1	0.63mi
4424 Conley Ave Odessa, TX	4.0	2.5	2100	$2,500	$1.19	45d	1	0.65mi
1212 E Century Ave Odessa, TX	3.0	1.0	1359	$1,300	$0.96	22d	1	0.69mi
1311 E 52nd St Unit 1 Odessa, TX	3.0	2.0	1410	$1,950	$1.38	22d	1	0.71mi
2702 S Colonial Dr Odessa, TX	3.0	1.0	1490	$1,500	$1.01	15d	1	0.83mi
3009 N Century Ave Odessa, TX	3.0	2.0	1909	$2,600	$1.36	45d	1	0.84mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	15d	24	0.88mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	22d	17	0.88mi
2105 Congress St Odessa, TX	4.0	2.0	1910	$2,649	$1.39	22d	1	0.93mi
3812 E Everglade Ave Odessa, TX	3.0	2.0	1861	$2,500	$1.34	22d	1	0.95mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1374	$1,800	$1.31	22d	1	1.00mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1508	$1,800	$1.19	15d	1	1.00mi
2905 Byron Ave Odessa, TX	3.0	2.0	1816	$2,400	$1.32	15d	1	1.02mi
2206 Medford Ct Odessa, TX	3.0	2.0	2037	$2,350	$1.15	45d	1	1.04mi
2826 Hilltop Dr Odessa, TX	4.0	2.0	1307	$2,000	$1.53	15d	1	1.08mi
1905 Palo Duro Dr Odessa, TX	5.0	3.0	2163	$2,800	$1.29	22d	1	1.10mi
1710 Wrigley Dr Odessa, TX	4.0	2.0	1578	$2,800	$1.77	22d	1	1.11mi
3420 Fairlane Ave Odessa, TX	3.0	2.0	2164	$2,100	$0.97	22d	1	1.13mi
2304 Boise Dr Odessa, TX	3.0	2.0	1717	$2,300	$1.34	22d	1	1.14mi
2801 Redbud Ave Odessa, TX	3.0	2.0	1558	$1,800	$1.16	15d	1	1.22mi
1401 E 18th St Odessa, TX	3.0	2.0	1690	$2,000	$1.18	15d	1	1.47mi
3616 E 30th St Odessa, TX	3.0	2.0	1436	$1,995	$1.39	45d	1	1.48mi
4009 New Orleans Dr Odessa, TX	3.0	2.0	1838	$2,300	$1.25	45d	1	1.49mi

Listing history 15 events

1. 2026-05-13
   listed $225,000 Active 432-char remark
2. 2021-06-01
   soldstatus
3. 2021-05-28
   soldstatus 266-char remark

   Show marketing remark (266 chars)

   Beautiful home with lots of recent updates including exterior & interior paint, carpet and fence. Huge backyard with shop and a gate that gives access to the alley. Concrete pad suitable for a mini basketball court. Kitchen updates: backsplash and dishwasher.

4. 2021-01-16
   listed $188,000 266-char remark

   Show marketing remark (266 chars)

   Beautiful home with lots of recent updates including exterior & interior paint, carpet and fence. Huge backyard with shop and a gate that gives access to the alley. Concrete pad suitable for a mini basketball court. Kitchen updates: backsplash and dishwasher.

5. 2018-11-28
   soldstatus
6. 2018-11-28
   soldstatus
7. 2018-11-27
   soldstatus

   Show marketing remark (533 chars)

   SUPERB 4 BEDROOM & 2 BATH HOME WITH BEAUTIFUL TILE & BACKSPLASH UPDATES TO KITCHEN & BATHROOMS! SPACIOUS LIVING ROOM WITH COZY FIREPLACE, GAS OR WOOD-BURNING! LARGE DINING AREA IN KITCHEN! BRIGHT & LIGHT WITH WHITE CABINETS! INSIDE UTILITY AREA! GIGANTIC BACK YARD INCLUDING A 240 SQ FT WORKSHOP WITH BUILT-IN SHELVES & ELECTRICITY! SMALL STORAGE BUILDING AS WELL! TONS OF SPACE FOR CHILDREN'S TOYS & PLAY AREA! ROOMY FRONT DRIVEWAY! FABULOUS LOCATION JUST OFF 42ND ST WITH EASY ACCESS TO SCHOOLS!

8. 2018-07-17
   listed $166,000

   Show marketing remark (533 chars)

   SUPERB 4 BEDROOM & 2 BATH HOME WITH BEAUTIFUL TILE & BACKSPLASH UPDATES TO KITCHEN & BATHROOMS! SPACIOUS LIVING ROOM WITH COZY FIREPLACE, GAS OR WOOD-BURNING! LARGE DINING AREA IN KITCHEN! BRIGHT & LIGHT WITH WHITE CABINETS! INSIDE UTILITY AREA! GIGANTIC BACK YARD INCLUDING A 240 SQ FT WORKSHOP WITH BUILT-IN SHELVES & ELECTRICITY! SMALL STORAGE BUILDING AS WELL! TONS OF SPACE FOR CHILDREN'S TOYS & PLAY AREA! ROOMY FRONT DRIVEWAY! FABULOUS LOCATION JUST OFF 42ND ST WITH EASY ACCESS TO SCHOOLS!

9. 2014-09-23
   soldstatus
10. 2014-09-22
    soldstatus
11. 2014-05-05
    listed $149,900
12. 2006-12-22
    soldstatus
13. 2006-09-28
    soldstatus
14. 2006-08-14
    listed $86,000
15. 2003-09-30
    soldstatus

ⓘ 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: $1,999 · $167/mo
• Projected year-2 tax: $4,118 · $343/mo
• Expected delta: +$2,119/yr (+$177/mo · 106.0%)

ⓘ 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 6/10 Major
• 🌡 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: $25,524
• − Mortgage interest: −$12,603
• − Property taxes: −$1,999
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,042
• − Management: −$2,042
• − Depreciation: −$6,545
• Taxable loss: −$832
• Est. tax savings @ 24.0%: +$200
• After-tax cash flow: $3,081/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

+118.6% since first listed

14 events — show timeline

• 2021-06-01 Sold (Public Records) — Public Records
• 2021-05-28 Sold (MLS) — ODMLS
• 2021-01-16 Listed $188,000 ODMLS
• 2018-11-28 Sold (Public Records) — Public Records
• 2018-11-28 Sold (Public Records) — Public Records
• 2018-11-27 Sold (MLS) — ODMLS
• 2018-07-17 Listed $166,000 ODMLS
• 2014-09-23 Sold (Public Records) — Public Records
• 2014-09-22 Sold (MLS) — ODMLS
• 2014-05-05 Listed $149,900 ODMLS
• 2006-12-22 Sold (Public Records) — Public Records
• 2006-09-28 Sold (MLS) — ODMLS
• 2006-08-14 Listed $86,000 ODMLS
• 2003-09-30 Sold (Public Records) — Public Records

Property tax history

-1.7%/yr

Latest (2025): $1,999 · -38.6% YoY. Source: county tax records.