3525 N Galahad Ave · West Odessa, TX 79764

$165,000

3 bd · 2.0 ba · 1,904 sqft · Manufactured public records · 59 Days on market

Built 2007 $87/sqft · 43% below area Est $290k · 43% under

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Why this score? — see what drove the B- 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 +25.7/30.0
• ARV discount +15.0/15.0
• DSCR +8.6/10.0
• 1% rule +6.3/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

? FOR SALE BY OWNER – Your Dream Home Awaits! ? $160,000 Beautiful 3 bedroom, 2 bathroom home sitting on a spacious . 9 acres with plenty of room to enjoy peaceful country living while still being close to town! This home features a large master suite with a relaxing jacuzzi tub in the master bath—perfect for unwinding after a long day. The open and inviting layout offers comfortable living spaces, great natural light, and plenty of room for family gatherings or entertaining guests. Outside, you’ll love the generous yard space, perfect for kids, pets, gardening, or simply enjoying your own private outdoor retreat. The built-in sprinkler system helps keep your lawn looking beautiful with ease. Additional highlights include: ? Spacious bedrooms ? Open-concept feel ? Large yard with endless possibilities ? Quiet, peaceful setting ? Great for families or first-time homebuyers ? Plenty of parking space ? Move-in ready with tons of charm This property offers the perfect blend of comfort, space, and value! FOR SALE BY OWNER – No agent involved. Serious inquiries only. Message me for more details or to schedule a showing! ??

Key facts

• Master suite
• Generous yard space
• Jacuzzi tub

Tags

• MASTER SUITE
• JACUZZI TUB
• GENEROUS YARD SPACE
• BUILT-IN SPRINKLER SYSTEM
• PRIVATE OUTDOOR RETREAT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $397 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $160k (3.0% below list) — sets the bar for market timing.

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); Ector College Prep Success Academy (math 18% / reading 24%, grade F, #1,387 of 1,662 statewide, top 85%, 1,384 students, 72% FRL, charter); 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 75% FRL vs 56% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 110 active listings in the ZIP; 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 59 days — a 3% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y 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: severe 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 $160,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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. 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?
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: 1.13% ✓
• Cap rate: 9.18%
• Cash-on-cash: 10.30%
• DSCR: 1.46
• GRM: 7.4

CMA / ARV

• ARV (median comp): $289,900
• List price: $165,000
• Delta: -43.08%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -0.8%
• Equity multiple: 0.97×
• Total profit: $-1,484
• Equity at exit: $24,602

10-year hold

• IRR: 8.8%
• Equity multiple: 1.68×
• Total profit: $31,200
• Equity at exit: $14,266

Cash invested: $46,200 (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 79764

• Home prices YoY: -28.0%
• Active inventory: 110
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,869 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$146 /mo · $1,747/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $397

Break-even live

Break-even rent $1,367

Max offer price $165,000

Occupancy floor 74%

Sensitivity live

Price	-10% $490	-5% $443	+0% $397	+5% $350	+10% $303
Rent	-10% $249	-5% $323	+0% $397	+5% $470	+10% $544
Rate	-1.0pp $480	-0.5pp $439	base $397	+0.5pp $354	+1.0pp $310

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $165,000 Active 59 DOM
2. 2026-06-19
   days on market $165,000 Active 57 DOM
3. 2026-06-18
   days on market $165,000 Active 56 DOM
4. 2026-06-17
   days on market $165,000 Active 55 DOM
5. 2026-06-16
   days on market $165,000 Active 54 DOM
6. 2026-06-15
   days on market $165,000 Active 53 DOM
7. 2026-06-14
   days on market $165,000 Active 51 DOM
8. 2026-06-13
   days on market $165,000 Active 50 DOM
9. 2026-06-10
   days on market $165,000 Active 48 DOM
10. 2026-06-09
    days on market $165,000 Active 47 DOM
11. 2026-06-08
    days on market $165,000 Active 46 DOM
12. 2026-06-07
    days on market $165,000 Active 45 DOM
13. 2026-06-03
    days on market $165,000 Active 40 DOM
14. 2026-06-01
    days on market $165,000 Active 39 DOM
15. 2026-05-31
    days on market $165,000 Active 38 DOM
16. 2026-05-30
    days on market $165,000 Active 37 DOM
17. 2026-05-12
    listed $165,000 Active 1215-char remark

    Show marketing remark (1215 chars)

    ? FOR SALE BY OWNER – Your Dream Home Awaits! ? $160,000 Beautiful 3 bedroom, 2 bathroom home sitting on a spacious . 9 acres with plenty of room to enjoy peaceful country living while still being close to town! This home features a large master suite with a relaxing jacuzzi tub in the master bath—perfect for unwinding after a long day. The open and inviting layout offers comfortable living spaces, great natural light, and plenty of room for family gatherings or entertaining guests. Outside, you’ll love the generous yard space, perfect for kids, pets, gardening, or simply enjoying your own private outdoor retreat. The built-in sprinkler system helps keep your lawn looking beautiful with ease. Additional highlights include: ? Spacious bedrooms ? Open-concept feel ? Large yard with endless possibilities ? Quiet, peaceful setting ? Great for families or first-time homebuyers ? Plenty of parking space ? Move-in ready with tons of charm This property offers the perfect blend of comfort, space, and value! FOR SALE BY OWNER – No agent involved. Serious inquiries only. Message me for more details or to schedule a showing! ??

18. 2026-04-22
    listed $165,000 Active 1163-char remark
19. 2015-03-09
    soldstatus

    Show marketing remark (103 chars)

    Country property, spacious 3 bedroom, 2 bath, wonderful kitchen. Outside city limits but close to town.

20. 2014-08-27
    listed $110,000

    Show marketing remark (103 chars)

    Country property, spacious 3 bedroom, 2 bath, wonderful kitchen. Outside city limits but close to town.

21. 2010-03-17
    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: $1,747 · $146/mo
• Projected year-2 tax: $3,020 · $252/mo
• Expected delta: +$1,272/yr (+$106/mo · 72.8%)

ⓘ 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 8/10 Severe
• 🌡 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: $22,425
• − Mortgage interest: −$9,243
• − Property taxes: −$1,747
• − Insurance: −$825
• − Repairs & maintenance: −$1,794
• − Management: −$1,794
• − Depreciation: −$4,800
• Taxable income: $2,222
• Est. tax owed @ 24.0%: −$533
• After-tax cash flow: $4,226/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
• City population: 61,683
• Population (ZIP): 26,805

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: Majority Hispanic (59%)
• Race & ethnicity: Hispanic / Latino 59% White 37% Two or more races 17% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 54%
• Common ancestry: Slovak 1%
• Foreign-born: 20% · Canada, Vietnam
• Languages at home: 54% English-only · Spanish 45% Vietnamese 1%

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: ▼ -92.67%
• Current HPI: 238.7065
• Rent YoY: —
• Metro: —
• 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

+50.0% since first listed

5 events — show timeline

• 2026-05-12 Listed $165,000 FSBO.com
• 2026-04-22 Listed $165,000 Fizber.com
• 2015-03-09 Sold (MLS) — ODMLS
• 2014-08-27 Listed $110,000 ODMLS
• 2010-03-17 Sold (Public Records) — Public Records

Property tax history

-0.8%/yr

Latest (2025): $1,747 · +15.7% YoY. Source: county tax records.