911 Snyder St · Odessa, TX 79761

$148,500

3 bd · 1.5 ba · 1,360 sqft · SingleFamily public records · 44 Days on market

Built 1959 5,009 sqft lot $109/sqft · 173% above area

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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 +25.4/30.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Super cute three bedroom home with a bath and a half. 2 dining areas, living and a bonus room. Aprox. 1360 Sq Ft. Recently add whole house HVAC for the house.

Key facts

• Whole house hvac
• 5,009 sq ft lot
• Built 1959

Tags

• WHOLE HOUSE HVAC

Property features AI

Exterior

• Parking: Parking pad
• Utilities: Public water; Public sewer; Propane service
• Home design: Single-family residence
• Construction: Brick veneer exterior; Composition roof; Slab foundation; Built for residential use
• Exterior features: Landscaped yard; Paved road access; Solar panels

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Blinds on the windows; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $148k.

Deal economics

• At list price, monthly cash flow is $342 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $148k).
• Recommended offer: $144k (3.0% 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: El Magnet At Blackshear (math 21% / reading 20%, grade F, #3,515 of 4,322 statewide, top 82%, 672 students, 80% FRL); Nimitz Middle (math 29% / reading 36%, grade F, #947 of 1,662 statewide, top 58%, 1,303 students, 51% 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 61% FRL track the district average.
• Market conditions: Rents soft (-0.7%/yr); 93 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,004 units permitted in Ector County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($68k/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 $4k 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 44 days — a 3% lower offer ($144k) is reasonable based on typical stale-listing flexibility.

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 $144,045 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.17% ✓
• Cap rate: 9.05%
• Cash-on-cash: 9.86%
• DSCR: 1.44
• GRM: 7.1

CMA / ARV

• ARV (median comp): $54,463
• List price: $148,500
• Delta: 172.66%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -4.9%
• Equity multiple: 0.82×
• Total profit: $-7,366
• Equity at exit: $22,142

10-year hold

• IRR: 0.8%
• Equity multiple: 1.05×
• Total profit: $2,060
• Equity at exit: $12,840

Cash invested: $41,580 (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 79761

• Home prices YoY: -31.4%
• Rents YoY: -0.7%
• Active inventory: 93
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,735 medium
• Mortgage (P&I): −$779
• Tax from tax record: −$189 /mo · $2,263/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $342

Break-even live

Break-even rent $1,303

Max offer price $148,500

Occupancy floor 75%

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: $37,125
• Closing costs: $4,455
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
410 Snyder St Odessa, TX	4.0	2.0	1320	$1,600	$1.21	13d	1	0.32mi
1117 Avenida de Mexico Odessa, TX	3.0	2.0	1335	$1,900	$1.42	43d	1	0.33mi
946 S Crane Ave Odessa, TX	3.0	2.0	1584	$1,800	$1.14	43d	1	1.30mi

Listing history 29 events

1. 2026-06-19
   days on market $148,500 Active 44 DOM
2. 2026-06-18
   days on market $148,500 Active 43 DOM
3. 2026-06-17
   days on market $148,500 Active 42 DOM
4. 2026-06-16
   days on market $148,500 Active 41 DOM
5. 2026-06-15
   days on market $148,500 Active 40 DOM
6. 2026-06-14
   days on market $148,500 Active 38 DOM
7. 2026-06-13
   days on market $148,500 Active 37 DOM
8. 2026-06-10
   days on market $148,500 Active 35 DOM
9. 2026-06-09
   days on market $148,500 Active 34 DOM
10. 2026-06-08
    days on market $148,500 Active 33 DOM
11. 2026-06-07
    days on market $148,500 Active 32 DOM
12. 2026-06-03
    days on market $148,500 Active 27 DOM
13. 2026-06-01
    days on market $148,500 Active 26 DOM
14. 2026-05-31
    days on market $148,500 Active 25 DOM
15. 2026-05-30
    days on market $148,500 Active 24 DOM
16. 2026-05-07
    listed $148,500 Active 158-char remark
17. 2026-03-05
    soldstatus
18. 2026-02-04
    price $79,900
19. 2025-12-19
    price $89,900
20. 2025-08-16
    price $99,900
21. 2025-07-02
    price $109,500
22. 2025-05-22
    price $119,900
23. 2025-04-05
    price $129,000
24. 2025-02-28
    price $135,000
25. 2025-02-05
    price $139,900
26. 2025-02-02
    price $139,500
27. 2025-02-02
    price $13,950,000
28. 2025-01-06
    price $144,500
29. 2024-11-15
    price $149,900

ⓘ 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: $2,263 · $189/mo
• Projected year-2 tax: $2,718 · $226/mo
• Expected delta: +$455/yr (+$38/mo · 20.1%)

ⓘ 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 ≥102°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: $20,821
• − Mortgage interest: −$8,318
• − Property taxes: −$2,263
• − Insurance: −$742
• − Repairs & maintenance: −$1,666
• − Management: −$1,666
• − Depreciation: −$4,320
• Taxable income: $1,847
• Est. tax owed @ 24.0%: −$443
• After-tax cash flow: $3,656/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): 30,164
• Household income: $68,228
• Rent vs Own: 41.7% rent · 58.3% own
• Severe rent burden: 1352.0

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 (67%)
• Race & ethnicity: Hispanic / Latino 67% White 23% Two or more races 20% Black 8% Asian 1%
• Hispanic origin (detail): Mexican 61%
• Common ancestry: Slovak 1%
• Foreign-born: 18% · Canada
• Languages at home: 50% English-only · Spanish 48%

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: ▼ -116.66%
• Current HPI: 254.9159
• Rent YoY: ▼ -0.66%
• 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

-0.9% since first listed

14 events — show timeline

• 2026-05-07 Listed $148,500 ODMLS
• 2026-03-05 Sold (Public Records) — Public Records
• 2026-02-04 Price Changed $79,900 ODMLS
• 2025-12-19 Price Changed $89,900 ODMLS
• 2025-08-16 Price Changed $99,900 ODMLS
• 2025-07-02 Price Changed $109,500 ODMLS
• 2025-05-22 Price Changed $119,900 ODMLS
• 2025-04-05 Price Changed $129,000 ODMLS
• 2025-02-28 Price Changed $135,000 ODMLS
• 2025-02-05 Price Changed $139,900 ODMLS
• 2025-02-02 Price Changed $139,500 ODMLS
• 2025-02-02 Price Changed $13,950,000 ODMLS
• 2025-01-06 Price Changed $144,500 ODMLS
• 2024-11-15 Price Changed $149,900 ODMLS

Property tax history

+5.4%/yr

Latest (2025): $2,263 · +10.7% YoY. Source: county tax records.