2800 N Century Ave · Odessa, TX 79762

$209,900

3 bd · 2.0 ba · 1,650 sqft · SingleFamily public records · 30 Days on market

Built 1955 10,410 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 +18.8/30.0
• ARV discount +7.5/15.0
• DSCR +5.9/10.0
• 1% rule +4.3/10.0
• 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

Care free gravel front yard . Open kitchen, Formal Din. , Large Den w/ FP, French doors lead to spacious enclosed patio w/ ceiling fans & tile floor. Step into backyard & kidney shaped pool. 5 car garage including 1 double w/ 15' ceiling for RV. VERY NICE!!

Key facts

• Double-bay garage
• Saltwater pool setup
• 0.24 acre lot

Tags

• DOUBLE-BAY GARAGE
• DETACHED 2-CAR GARAGE
• ATTACHED 1-CAR GARAGE
• SALTWATER POOL SETUP
• DIRECT ACCESS TO WALKING PATHS

Property features AI

Exterior

• Parking: Attached garage (5 covered spaces, total 5 parking spaces); Garage with garage door opener; Detached garage (additional detached garage listed)
• Utilities: Public water; Public sewer; Propane
• Home design: Single-family residential property
• Construction: Brick veneer and other exterior materials; Metal roof; Slab foundation; Built with solar energy generation
• Exterior features: Covered patio/porch; Landscaped lot; Private in-ground pool; Storage structure; Workshop

Interior

• Kitchen: Gas Range; Dishwasher
• Flooring: Tile; Hardwood
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air conditioning; Thermostat
• Interior features: Pantry; Blinds; Gas fireplace with gas log
• Laundry & utility: Laundry area located in the garage; Water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $209 ($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 $196k (6.7% below list).
• Recommended offer: $196k (6.7% 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: Burnet El (math 7% / reading 14%, grade F, #4,243 of 4,322 statewide, top 98%, 389 students, 77% 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); 267 active listings in the ZIP; 40 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 31% 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 $1k of loan paydown is wiped out by about $6k 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 30 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 26y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $195,804 (6.7% below list)

Questions for the listing agent

1. Built in 1955 — 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: 0.93% ✗
• Cap rate: 7.49%
• Cash-on-cash: 4.28%
• DSCR: 1.19
• GRM: 8.9

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: -11.4%
• Equity multiple: 0.59×
• Total profit: $-23,891
• Equity at exit: $31,297

10-year hold

• IRR: -4.6%
• Equity multiple: 0.72×
• Total profit: $-16,409
• Equity at exit: $18,148

Cash invested: $58,772 (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: 8.9×

Monthly cashflow live

• Estimated rent: $1,958 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$149 /mo · $1,790/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$411
• Net cashflow: $209

Break-even live

Break-even rent $1,693

Max offer price $209,900

Occupancy floor 84%

Sensitivity live

Price	-10% $328	-5% $269	+0% $209	+5% $150	+10% $91
Rent	-10% $55	-5% $132	+0% $209	+5% $287	+10% $364
Rate	-1.0pp $315	-0.5pp $263	base $209	+0.5pp $155	+1.0pp $100

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2901 Nabors Ln Odessa, TX	3.0	1.0	1508	$1,800	$1.19	15d	1	0.07mi
2901 Nabors Ln Odessa, TX	3.0	1.0	1374	$1,800	$1.31	23d	1	0.07mi
2826 Hilltop Dr Odessa, TX	4.0	2.0	1307	$2,000	$1.53	15d	1	0.20mi
3009 N Century Ave Odessa, TX	3.0	2.0	1909	$2,600	$1.36	45d	1	0.21mi
2905 Byron Ave Odessa, TX	3.0	2.0	1816	$2,400	$1.32	15d	1	0.24mi
2801 Redbud Ave Odessa, TX	3.0	2.0	1558	$1,800	$1.16	15d	1	0.42mi
1706 Emerald Ave Odessa, TX	3.0	2.0	1992	$2,500	$1.26	45d	1	0.52mi
1709 Byron Ave Odessa, TX	3.0	2.0	1981	$1,975	$1.00	45d	1	0.52mi
2702 S Colonial Dr Odessa, TX	3.0	1.0	1490	$1,500	$1.01	15d	1	0.54mi
1401 E 18th St Odessa, TX	3.0	2.0	1690	$2,000	$1.18	15d	1	0.59mi
3420 Fairlane Ave Odessa, TX	3.0	2.0	2164	$2,100	$0.97	23d	1	0.61mi
2608 Cumberland Rd Odessa, TX	2.0	2.0	1404	$1,500	$1.07	15d	1	0.76mi
1212 E Century Ave Odessa, TX	3.0	1.0	1359	$1,300	$0.96	23d	1	0.77mi
3812 E Everglade Ave Odessa, TX	3.0	2.0	1861	$2,500	$1.34	23d	1	0.87mi
3624 Walnut Ave Odessa, TX	3.0	1.0	1488	$1,950	$1.31	45d	1	0.89mi
1513 E 11th St Odessa, TX	3.0	2.0	1728	$3,300	$1.91	45d	1	0.90mi
3616 E 30th St Odessa, TX	3.0	2.0	1436	$1,995	$1.39	45d	1	0.94mi
4207 Dakota Ave Odessa, TX	3.0	2.0	1904	$2,300	$1.21	45d	1	0.95mi
4217 Redbud Ave Odessa, TX	3.0	1.5	1203	$2,200	$1.83	15d	1	1.03mi
3824 Englewood Cir Odessa, TX	2.0	1.5	1150	$1,295	$1.13	15d	1	1.04mi
1308 Alpine St Odessa, TX	3.0	2.0	1800	$2,195	$1.22	15d	1	1.05mi
4233 Bonham Ave Odessa, TX	3.0	2.0	1144	$1,600	$1.40	45d	1	1.06mi
3902 Englewood Cir Odessa, TX	2.0	1.5	1280	$1,445	$1.13	15d	1	1.07mi
1202 E 42nd St Odessa, TX	3.0	1.0	1100	$1,650	$1.50	45d	1	1.07mi
3904 Englewood Cir Odessa, TX	2.0	1.0	1280	$1,445	$1.13	15d	1	1.08mi
3907 Englewood Cir Odessa, TX	2.0	1.5	1170	$1,395	$1.19	15d	1	1.10mi
3802 Englewood Cir Odessa, TX	2.0	1.5	1150	$1,295	$1.13	15d	1	1.12mi
4256 Bonham Ave Odessa, TX	3.0	2.0	1261	$1,600	$1.27	23d	1	1.14mi
3916 Boulder Ave Odessa, TX	3.0	2.0	1935	$2,100	$1.09	23d	1	1.17mi
2511 Beechwood St Odessa, TX	3.0	2.0	2200	$2,595	$1.18	15d	1	1.19mi
701 Hillcrest Ave Odessa, TX	3.0	2.0	1344	$1,400	$1.04	45d	1	1.21mi
1220 Adams Ave Unit 4 Odessa, TX	4.0	1.0	1063	$1,750	$1.65	45d	1	1.25mi
3310 Tanglewood Ln Unit 1 Odessa, TX	3.0	2.5	1732	$2,200	$1.27	23d	1	1.27mi
3312 Tanglewood Ln Odessa, TX	3.0	2.5	1664	$2,000	$1.20	45d	1	1.27mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	15d	24	1.32mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	23d	17	1.32mi
2620 Cambridge St Odessa, TX	3.0	2.0	1595	$1,950	$1.22	23d	1	1.34mi
1012 Adams Ave Unit C2BBUILDING C Odessa, TX	4.0	1.0	1066	$1,750	$1.64	45d	1	1.34mi
1012 Adams Ave Unit C1BBUILDING C Odessa, TX	4.0	1.0	1066	$1,800	$1.69	45d	1	1.34mi
1813 Petroleum Dr Odessa, TX	3.0	2.0	1299	$1,700	$1.31	23d	1	1.37mi

Listing history 21 events

1. 2026-06-22
   price $209,900 Active 30 DOM
2. 2026-06-21
   days on market $224,900 Active 30 DOM
3. 2026-06-19
   days on market $224,900 Active 28 DOM
4. 2026-06-18
   days on market $224,900 Active 27 DOM
5. 2026-06-17
   days on market $224,900 Active 26 DOM
6. 2026-06-16
   days on market $224,900 Active 25 DOM
7. 2026-06-15
   days on market $224,900 Active 24 DOM
8. 2026-06-14
   days on market $224,900 Active 22 DOM
9. 2026-06-13
   days on market $224,900 Active 21 DOM
10. 2026-06-10
    days on market $224,900 Active 19 DOM
11. 2026-06-09
    days on market $224,900 Active 18 DOM
12. 2026-06-08
    days on market $224,900 Active 17 DOM
13. 2026-06-07
    days on market $224,900 Active 16 DOM
14. 2026-06-03
    days on market $224,900 Active 11 DOM
15. 2026-06-01
    days on market $224,900 Active 10 DOM
16. 2026-05-31
    days on market $224,900 Active 9 DOM
17. 2026-05-30
    days on market $224,900 Active 8 DOM
18. 2026-05-22
    listed $224,900 Active
19. 2000-12-22
    soldstatus 270-char remark

    Show marketing remark (270 chars)

    Care free gravel front yard . Open kitchen, Formal Din. , Large Den w/ FP, French doors lead to spacious enclosed patio w/ ceiling fans & tile floor. Step into backyard & kidney shaped pool. 5 car garage including 1 double w/ 15' ceiling for RV. VERY NICE!!

20. 2000-12-22
    soldstatus

    Show marketing remark (270 chars)

    Care free gravel front yard . Open kitchen, Formal Din. , Large Den w/ FP, French doors lead to spacious enclosed patio w/ ceiling fans & tile floor. Step into backyard & kidney shaped pool. 5 car garage including 1 double w/ 15' ceiling for RV. VERY NICE!!

21. 2000-11-02
    listed $59,900 270-char remark

    Show marketing remark (270 chars)

    Care free gravel front yard . Open kitchen, Formal Din. , Large Den w/ FP, French doors lead to spacious enclosed patio w/ ceiling fans & tile floor. Step into backyard & kidney shaped pool. 5 car garage including 1 double w/ 15' ceiling for RV. VERY NICE!!

ⓘ 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: $1,790 · $149/mo
• Projected year-2 tax: $3,841 · $320/mo
• Expected delta: +$2,051/yr (+$171/mo · 114.6%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 20 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: $23,496
• − Mortgage interest: −$11,758
• − Property taxes: −$1,790
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,880
• − Management: −$1,880
• − Depreciation: −$6,106
• Taxable loss: −$966
• Est. tax savings @ 24.0%: +$232
• After-tax cash flow: $2,746/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

+275.5% since first listed

4 events — show timeline

• 2026-05-22 Listed $224,900 ODMLS
• 2000-12-22 Sold (Public Records) — Public Records
• 2000-12-22 Sold (MLS) — ODMLS
• 2000-11-02 Listed $59,900 ODMLS

Property tax history

-4.2%/yr

Latest (2025): $1,790 · -39.1% YoY. Source: county tax records.