414 E 43rd St · Odessa, TX 79762

$180,000

3 bd · 1.0 ba · 1,338 sqft · SingleFamily public records · 15 Days on market

Built 1954 7,492 sqft lot

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Why this score? — see what drove the C- 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 +22.4/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.1/10.0
• Livability +3.8/5.0
• 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

CUTE AND COZY 3 bed/1 bath/1 carport with bonus room perfect for hobbies, gym or play room, and a HUGE backyard with plenty of space for a shop! Brand new roof and exterior paint in 2023 as well as recently painted interior and updated floors throughout home! Centrally located in an established neighborhood with easy access to get around town! Perfect starter home or investment property!

Key facts

• Alley access
• Bonus room
• Oversized backyard

Tags

• BONUS ROOM
• OVERSIZED BACKYARD
• ALLEY ACCESS

Property features AI

Exterior

• Parking: Attached carport; Parking pad; 1 covered parking space (1 total parking space)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Propane available
• Home design: Single-family residence; Residential property
• Construction: Wood siding; Composition roof; Slab foundation; Built with solar energy generation
• Exterior features: Wood fencing; Paved road access; Solar panels

Interior

• Kitchen: Electric range; Gas water heater
• Flooring: Vinyl; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Blinds; Smoke detector(s)
• Laundry & utility: Laundry closet with washer hookup; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $299 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $177k (1.5% below list) — sets the bar for market timing.

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: Goliad El (math 18% / reading 20%, grade F, #3,739 of 4,322 statewide, top 87%, 606 students, 85% 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; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• It's been on market 15 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 1954 — 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 $177,300 (1.5% below list)

Questions for the listing agent

1. Built in 1954 — 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. 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.
5. 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.
6. 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: 1.01% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.13%
• DSCR: 1.32
• GRM: 8.3

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: -7.1%
• Equity multiple: 0.74×
• Total profit: $-13,090
• Equity at exit: $26,839

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,291
• Equity at exit: $15,563

Cash invested: $50,400 (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: 8.3×

Monthly cashflow live

• Estimated rent: $1,814 high
• Mortgage (P&I): −$944
• Tax from tax record: −$115 /mo · $1,375/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $299

Break-even live

Break-even rent $1,435

Max offer price $180,000

Occupancy floor 78%

Sensitivity live

Price	-10% $401	-5% $350	+0% $299	+5% $248	+10% $197
Rent	-10% $156	-5% $228	+0% $299	+5% $371	+10% $443
Rate	-1.0pp $390	-0.5pp $345	base $299	+0.5pp $253	+1.0pp $205

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4312 N Dixie Blvd Unit 72C Odessa, TX	2.0	2.0	980	$1,450	$1.48	44d	1	0.17mi
1202 E 42nd St Odessa, TX	3.0	1.0	1100	$1,650	$1.50	44d	1	0.36mi
3624 Walnut Ave Odessa, TX	3.0	1.0	1488	$1,950	$1.31	44d	1	0.47mi
1308 Alpine St Odessa, TX	3.0	2.0	1800	$2,195	$1.22	14d	1	0.48mi
1212 E Century Ave Odessa, TX	3.0	1.0	1359	$1,300	$0.96	22d	1	0.60mi
3727 Andrews Hwy Odessa, TX	1.0–2.0	1.0–2.0	800	$1,350	$1.69	14d	18	0.61mi
1119 E 51st St Odessa, TX	2.0	1.5	1169	$1,500	$1.28	14d	1	0.66mi
1311 E 52nd St Unit 1 Odessa, TX	3.0	2.0	1410	$1,950	$1.38	22d	1	0.82mi
3800 N Golder Ave Odessa, TX	3.0	2.0	1050	$1,600	$1.52	22d	1	0.83mi
2702 S Colonial Dr Odessa, TX	3.0	1.0	1490	$1,500	$1.01	14d	1	0.85mi
237 Orchard Dr Odessa, TX	4.0	2.0	1768	$2,000	$1.13	14d	1	0.90mi
1529 E 52nd St Odessa, TX	3.0	2.0	1275	$2,200	$1.73	44d	1	1.01mi
815 W 40th St Odessa, TX	3.0	2.0	1216	$1,800	$1.48	44d	1	1.05mi
3509 N Golder Ave Odessa, TX	3.0	2.0	1216	$1,700	$1.40	14d	1	1.11mi
1613 E 52nd St Odessa, TX	3.0	2.0	1122	$2,200	$1.96	14d	1	1.12mi
1813 Petroleum Dr Odessa, TX	3.0	2.0	1299	$1,700	$1.31	22d	1	1.15mi
1804 Cord St Odessa, TX	3.0	1.0	960	$1,700	$1.77	44d	1	1.18mi
2826 Hilltop Dr Odessa, TX	4.0	2.0	1307	$2,000	$1.53	14d	1	1.26mi
3107 Merrill Ave Odessa, TX	4.0	2.0	1212	$1,800	$1.49	44d	1	1.28mi
4233 Bonham Ave Odessa, TX	3.0	2.0	1144	$1,600	$1.40	44d	1	1.32mi
1409 E 23rd St Odessa, TX	2.0	1.0	1032	$2,400	$2.33	44d	1	1.32mi
4256 Bonham Ave Odessa, TX	3.0	2.0	1261	$1,600	$1.27	22d	1	1.35mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1508	$1,800	$1.19	14d	1	1.35mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1374	$1,800	$1.31	22d	1	1.35mi
4217 Redbud Ave Odessa, TX	3.0	1.5	1203	$2,200	$1.83	14d	1	1.37mi
4425 Conley Ave Odessa, TX	3.0	1.5	1584	$2,200	$1.39	22d	1	1.41mi
1401 E 18th St Odessa, TX	3.0	2.0	1690	$2,000	$1.18	14d	1	1.48mi
2905 Byron Ave Odessa, TX	3.0	2.0	1816	$2,400	$1.32	14d	1	1.48mi
1710 Wrigley Dr Odessa, TX	4.0	2.0	1578	$2,800	$1.77	22d	1	1.48mi

Listing history 12 events

1. 2026-06-19
   days on market $180,000 Active 15 DOM
2. 2026-06-18
   days on market $180,000 Active 14 DOM
3. 2026-06-17
   days on market $180,000 Active 13 DOM
4. 2026-06-16
   days on market $180,000 Active 12 DOM
5. 2026-06-15
   days on market $180,000 Active 11 DOM
6. 2026-06-14
   days on market $180,000 Active 9 DOM
7. 2026-06-13
   days on market $180,000 Active 8 DOM
8. 2026-06-10
   days on market $180,000 Active 6 DOM
9. 2026-06-09
   days on market $180,000 Active 5 DOM
10. 2026-06-08
    days on market $180,000 Active 4 DOM
11. 2026-06-07
    remarks 374-char remark
12. 2026-06-07
    listed $180,000 Active 3 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: $1,375 · $115/mo
• Projected year-2 tax: $3,294 · $274/mo
• Expected delta: +$1,919/yr (+$160/mo · 139.5%)

ⓘ 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: $21,765
• − Mortgage interest: −$10,083
• − Property taxes: −$1,375
• − Insurance: −$900
• − Repairs & maintenance: −$1,741
• − Management: −$1,741
• − Depreciation: −$5,236
• Taxable income: $688
• Est. tax owed @ 24.0%: −$165
• After-tax cash flow: $3,427/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

+12.5% since first listed

8 events — show timeline

• 2026-06-04 Listed $180,000 ODMLS
• 2024-02-14 Sold (Public Records) — Public Records
• 2024-02-12 Sold (MLS) — ODMLS
• 2024-01-03 Pending — ODMLS
• 2023-12-13 Listed $160,000 ODMLS
• 2018-07-09 Sold (Public Records) — Public Records
• 2007-07-13 Sold (Public Records) — Public Records
• 1994-11-01 Sold (Public Records) — Public Records

Property tax history

-1.9%/yr

Latest (2025): $1,375 · -48.4% YoY. Source: county tax records.