1110 Cajun St · Odessa, TX 79765

$220,000

2 bd · 2.0 ba · 1,034 sqft · SingleFamily public records · 4 Days on market

Built 2022 Good condition 5,662 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 +22.5/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.1/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Rent growth +2.6/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Check out the price on this Brand new construction! The "PRISCILLA" plan is ready for move-in now! Featuring granite throughout, stainless appliances, white cabinets, classic mirror collection, included quorum lighting option in satin nickel, interior trim & baseboard, garage door opener with remote, 2 year comprehensive warranty and a 10 year structural warranty!

Key facts

• 5,662 sq ft lot
• Garage
• Built 2022

Property features AI

Finance

• Other: Approx. lot size 0.13 acres

Exterior

• Parking: Attached garage with garage door opener; 1 covered parking space (1 total garage space)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Propane available
• Home design: Single family residence; Residential property
• Construction: Vinyl siding; Brick veneer exterior; Composition roof; Slab foundation; Home warranty included
• Exterior features: Patio; Landscaped lot; Paved road access; Solar panels

Interior

• Kitchen: Electric range; Self-cleaning oven; Microwave; Dishwasher; Disposal; Refrigerator
• Bedrooms: Includes bedrooms (room level not specified)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (Natural Gas); Central electric air conditioning
• Interior features: Pantry; Blinds; Smoke detector(s); Thermostat
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $220k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $369 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $220k).

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: 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 flat; 433 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 59% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $2k of loan paydown is wiped out by about $7k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 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

• 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 $220,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 8.30%
• Cash-on-cash: 7.18%
• DSCR: 1.32
• GRM: 8.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.54% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.71×
• Total profit: $-17,582
• Equity at exit: $32,803

10-year hold

• IRR: -1.7%
• Equity multiple: 0.90×
• Total profit: $-6,224
• Equity at exit: $19,022

Cash invested: $61,600 (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 79765

• Home prices YoY: -28.7%
• Rents YoY: 0.5%
• Active inventory: 433
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,220 high
• Mortgage (P&I): −$1,154
• Tax from tax record: −$139 /mo · $1,674/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $369

Break-even live

Break-even rent $1,753

Max offer price $220,000

Occupancy floor 78%

Sensitivity live

Price	-10% $493	-5% $431	+0% $369	+5% $306	+10% $244
Rent	-10% $193	-5% $281	+0% $369	+5% $456	+10% $544
Rate	-1.0pp $479	-0.5pp $425	base $369	+0.5pp $312	+1.0pp $254

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1200 Cajun St Odessa, TX	3.0	2.0	1102	$2,300	$2.09	22d	1	0.08mi
1320 E 89th St Odessa, TX	3.0	2.0	1450	$2,800	$1.93	45d	1	0.28mi
1327 Masquerade Blvd Odessa, TX	3.0	2.0	1377	$2,700	$1.96	45d	1	0.34mi
1028 E 90th St Odessa, TX	3.0	2.0	1461	$2,145	$1.47	14d	1	0.35mi
908 Purdue St Odessa, TX	3.0	2.0	1480	$2,500	$1.69	45d	1	0.37mi
8633 Yale Ave Odessa, TX	3.0	2.0	1390	$2,500	$1.80	22d	1	0.38mi
8633 Yale Ave Odessa, TX	3.0	2.0	1371	$2,500	$1.82	14d	1	0.38mi
8637 Tulane Ave Odessa, TX	3.0	2.0	1044	$1,700	$1.63	45d	1	0.43mi
1025 Pine Leaf Pl Odessa, TX	3.0	2.0	1411	$2,200	$1.56	45d	1	0.51mi
88 Maverick Dr Odessa, TX	3.0	2.0	1403	$2,200	$1.57	45d	1	0.53mi
493 Chitalpa Dr Odessa, TX	3.0	2.0	1254	$2,500	$1.99	45d	1	0.81mi
8623 Holiday Dr Odessa, TX	3.0	2.0	1231	$1,800	$1.46	45d	1	0.91mi
1303 Terra Cotta St Odessa, TX	3.0	2.0	1377	$1,999	$1.45	45d	1	0.94mi
1306 E 94th St Odessa, TX	3.0	2.0	1488	$2,350	$1.58	22d	1	0.98mi
808 E 96th St Odessa, TX	3.0	2.0	1474	$2,350	$1.59	45d	1	1.06mi
9100 Andrews Hwy Odessa, TX	1.0–2.0	1.0–1.5	645	$1,259	$1.95	14d	5	1.24mi
310 E 95th St Odessa, TX	3.0	2.0	1390	$2,300	$1.65	22d	1	1.29mi

Listing history 4 events

1. 2026-06-13
   days on market $220,000 Active 4 DOM
2. 2026-06-10
   days on market $220,000 Active 2 DOM
3. 2026-06-09
   remarks 456-char remark
4. 2026-06-09
   listed $220,000 Active 1 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: $1,674 · $139/mo
• Projected year-2 tax: $4,026 · $336/mo
• Expected delta: +$2,352/yr (+$196/mo · 140.5%)

ⓘ 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 4% 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: $26,636
• − Mortgage interest: −$12,323
• − Property taxes: −$1,674
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,131
• − Management: −$2,131
• − Depreciation: −$6,400
• Taxable income: $877
• Est. tax owed @ 24.0%: −$210
• After-tax cash flow: $4,213/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This home is in excellent condition with a good condition score of 80. It is move-in ready with a good foundation and structure. The interior walls and paint are in good condition, and the kitchen and bathrooms are well-maintained. The home has a good roof and exterior, and the landscaping is clean and well-maintained. The home has a good foundation and structure, and the HVAC/mechanicals are in good condition. The home is in good condition and is ready for a new owner to move in.

Value-add opportunities

• Both Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics
• Both Replace window treatments — Modern window treatments can improve both curb appeal and interior aesthetics
• Both Install smart home devices — Smart home devices can increase home value and appeal to tech-savvy buyers

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Replace window treatments — Modern window treatments can improve both curb appeal and interior aesthetics ↑
• Both Install smart home devices — Smart home devices can increase home value and appeal to tech-savvy buyers ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 25,904
• Household income: $104,965
• Rent vs Own: 35.4% rent · 64.6% own
• Severe rent burden: 884.0

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 0.59)
• Race & ethnicity: Hispanic / Latino 49% White 41% Two or more races 15% Black 5% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 45%
• Common ancestry: Romanian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 63% English-only · Spanish 31% German/W. Germanic 1% Tagalog/Filipino 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: ▼ -69.68%
• Current HPI: 173.4252
• Rent YoY: ▲ 0.54%
• 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

+18.6% since first listed

4 events — show timeline

• 2026-06-08 Listed $220,000 ODMLS
• 2023-03-13 Sold (MLS) — ODMLS
• 2023-01-28 Pending — ODMLS
• 2023-01-28 Listed $185,475 ODMLS

Property tax history

+72.9%/yr

Latest (2025): $1,674 · -41.6% YoY. Source: county tax records.