TBD N Laura Mae Ave · West Odessa, TX 79763

$260,000

3 bd · 2.0 ba · 1,216 sqft · Land · 53 Days on market

Built 2024 1.00 ac lot ↓ 2% since listing

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +7.3/30.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• 1% rule +2.1/10.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

Key facts

• 1 acre lot
• Garage
• Built 2024

Property features AI

Exterior

• Parking: 1 total parking space; 1 covered space; 1-car garage; Carport
• Utilities: Propane service; Septic tank
• Home design: Residential mobile home (single wide)
• Construction: Composition roof; Pillar/post/pier foundation; Built as a single wide mobile home
• Exterior features: Partial fencing; Landscaped lot; County road frontage; Solar generation

Interior

• Kitchen: Electric range; Microwave; Dishwasher
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Thermostat
• Interior features: High ceilings; Breakfast bar
• Laundry & utility: Washer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $260k.

Deal economics

• At list price, monthly cash flow is $-341 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $211k (19.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (29.1% below list).
• Recommended offer: $184k (29.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#1,026 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
• 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: Noel El (math 18% / reading 18%, grade F, #3,785 of 4,322 statewide, top 88%, 451 students, 85% FRL); Crockett Middle (math 21% / reading 19%, grade F, #1,428 of 1,662 statewide, top 87%, 1,036 students, 66% FRL); Odessa H S (math 18% / reading 22%, grade F, #1,397 of 1,632 statewide, top 87%, 3,874 students, 68% FRL) — zoned schools average 73% FRL vs 56% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 122 active listings in the ZIP; 1,004 units permitted in Ector County in 2024 (0 in 5+ unit buildings).
• This rent runs 39% of the median local income ($57k/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 $8k 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 53 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
• 26 sale attempts since 4y 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

• 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 $184,241 (29.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. 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: 0.71% ✗
• Cap rate: 4.72%
• Cash-on-cash: -5.63%
• DSCR: 0.75
• GRM: 11.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -25.9%
• Equity multiple: 0.12×
• Total profit: $-63,841
• Equity at exit: $38,767

10-year hold

• IRR: -22.5%
• Equity multiple: -0.15×
• Total profit: $-83,469
• Equity at exit: $22,480

Cash invested: $72,800 (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 79763

• Active inventory: 122
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $1,842 medium
• Mortgage (P&I): −$1,363
• Tax est. 1.5%: −$325 /mo · $3,900/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $-341

Break-even live

Break-even rent $2,274

Max offer price $210,614

Occupancy floor —

Sensitivity live

Price	-10% $-162	-5% $-251	+0% $-341	+5% $-431	+10% $-521
Rent	-10% $-487	-5% $-414	+0% $-341	+5% $-269	+10% $-196
Rate	-1.0pp $-210	-0.5pp $-275	base $-341	+0.5pp $-409	+1.0pp $-477

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-19
   days on market $260,000 Active 53 DOM
2. 2026-06-18
   days on market $260,000 Active 52 DOM
3. 2026-06-17
   days on market $260,000 Active 51 DOM
4. 2026-06-16
   pricedays on market $260,000 Active 50 DOM
5. 2026-06-15
   days on market $265,000 Active 49 DOM
6. 2026-06-14
   days on market $265,000 Active 47 DOM
7. 2026-06-13
   days on market $265,000 Active 46 DOM
8. 2026-06-10
   days on market $265,000 Active 44 DOM
9. 2026-06-09
   days on market $265,000 Active 43 DOM
10. 2026-06-08
    days on market $265,000 Active 42 DOM
11. 2026-06-07
    days on market $265,000 Active 41 DOM
12. 2026-06-03
    days on market $265,000 Active 36 DOM
13. 2026-06-01
    days on market $265,000 Active 35 DOM
14. 2026-05-31
    days on market $265,000 Active 34 DOM
15. 2026-05-30
    days on market $265,000 Active 33 DOM
16. 2026-04-30
    status Active 237-char remark
17. 2026-04-28
    listed $265,000 Active 237-char remark
18. 2026-04-28
    historical Active Under Contract 237-char remark
19. 2024-08-12
    soldstatus Closed 233-char remark

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

20. 2024-08-09
    soldstatus Closed

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

21. 2024-08-09
    soldstatus Closed

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

22. 2024-07-25
    status Pending 233-char remark

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

23. 2024-07-15
    status Pending

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

24. 2024-07-15
    status Pending

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

25. 2024-07-12
    status Active

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

26. 2024-06-26
    status Active
27. 2024-06-18
    soldstatus Closed
28. 2024-06-18
    soldstatus Closed
29. 2024-06-14
    soldstatus Closed
30. 2024-06-07
    soldstatus Closed
31. 2024-06-03
    soldstatus Closed
32. 2024-06-03
    soldstatus Closed
33. 2024-05-31
    status Pending
34. 2024-05-30
    status Pending
35. 2024-05-30
    status Pending
36. 2024-05-23
    status Active
37. 2024-05-13
    soldstatus Closed
38. 2024-05-13
    soldstatus Closed
39. 2024-05-09
    status Pending
40. 2024-05-08
    status Pending
41. 2024-05-08
    status Pending
42. 2024-04-16
    status Pending
43. 2024-04-16
    status Pending
44. 2024-04-11
    soldstatus Closed
45. 2024-03-29
    status Pending
46. 2024-03-29
    status Pending
47. 2024-03-22
    historical
48. 2024-03-14
    historical

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

49. 2023-09-03
    status Active

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

50. 2023-09-03
    status Active

    Show marketing remark (233 chars)

    Deed Restrict, Single Family dwelling only, NO Mobile Home Parks, NO RV Parks, NO Businesses run from property, NO heavy trucking yards, NO farm animals. Can have two(2) horses ONLY. Perfect place to build or to place a modular home.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 22 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% 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: $22,109
• − Mortgage interest: −$14,564
• − Property taxes: −$3,900
• − Insurance: −$1,300
• − Repairs & maintenance: −$1,769
• − Management: −$1,769
• − Depreciation: −$7,564
• Taxable loss: −$8,756
• Est. tax savings @ 24.0%: +$2,101
• After-tax cash flow: $-1,994/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 — West Odessa

• Score: 61/100
• State rank: #1026
• US rank: #18223

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Odessa, TX
• County: Ector County · 131,169 people
• City population: 61,683
• Metro: Odessa, TX
• Population (ZIP): 35,174
• Household income: $56,877
• Rent vs Own: 29.6% rent · 70.4% own
• Severe rent burden: 842.0

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: Predominantly Hispanic (76%)
• Race & ethnicity: Hispanic / Latino 76% Two or more races 24% White 19% Black 2%
• Hispanic origin (detail): Mexican 72%
• Common ancestry: Lithuanian 1% Slovak 1%
• Foreign-born: 22% · Canada
• Languages at home: 39% English-only · Spanish 60%

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: ▼ -213.81%
• Current HPI: 254.9773
• Rent YoY: —
• 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

-1.9% since first listed

77 events — show timeline

• 2026-06-16 Price Changed $260,000 ODMLS
• 2026-04-30 Relisted — ODMLS
• 2026-04-28 Listed $265,000 ODMLS
• 2026-04-28 Contingent — ODMLS
• 2024-08-12 Sold (MLS) — ODMLS
• 2024-08-09 Sold (MLS) — ODMLS
• 2024-08-09 Sold (MLS) — ODMLS
• 2024-07-25 Pending — ODMLS
• 2024-07-15 Pending — ODMLS
• 2024-07-15 Pending — ODMLS
• 2024-07-12 Relisted — ODMLS
• 2024-06-26 Relisted — ODMLS
• 2024-06-18 Sold (MLS) — ODMLS
• 2024-06-18 Sold (MLS) — ODMLS
• 2024-06-14 Sold (MLS) — ODMLS
• 2024-06-07 Sold (MLS) — ODMLS
• 2024-06-03 Sold (MLS) — ODMLS
• 2024-06-03 Sold (MLS) — ODMLS
• 2024-05-31 Pending — ODMLS
• 2024-05-30 Pending — ODMLS
• 2024-05-30 Pending — ODMLS
• 2024-05-23 Relisted — ODMLS
• 2024-05-13 Sold (MLS) — ODMLS
• 2024-05-13 Sold (MLS) — ODMLS
• 2024-05-09 Pending — ODMLS
• 2024-05-08 Pending — ODMLS
• 2024-05-08 Pending — ODMLS
• 2024-04-16 Pending — ODMLS
• 2024-04-16 Pending — ODMLS
• 2024-04-11 Sold (MLS) — ODMLS
• 2024-03-29 Pending — ODMLS
• 2024-03-29 Pending — ODMLS
• 2024-03-22 Delisted — ODMLS
• 2024-03-14 Delisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-09-03 Relisted — ODMLS
• 2023-08-23 Delisted — ODMLS
• 2023-08-11 Delisted — ODMLS
• 2023-08-10 Delisted — ODMLS
• 2023-08-09 Delisted — ODMLS
• 2023-08-09 Delisted — ODMLS
• 2023-08-09 Delisted — ODMLS
• 2023-08-09 Delisted — ODMLS
• 2023-07-02 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-26 Relisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-06-24 Delisted — ODMLS
• 2023-03-29 Relisted — ODMLS
• 2023-03-08 Pending — ODMLS
• 2022-11-15 Relisted — ODMLS
• 2022-11-08 Sold (MLS) — ODMLS
• 2022-09-19 Pending — ODMLS