14 Liberty Pl · Odessa, TX 79762

$238,000

3 bd · 2.0 ba · 1,592 sqft · SingleFamily public records · 7 Days on market

Built 1975 8,756 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 +14.5/30.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Livability +3.8/5.0
• 1% rule +3.2/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Tucked away in a quiet cul-de-sac, this 3-bedroom, 2-bath home offers the perfect blend of comfort and convenience. Located just steps from a neighborhood park, you'll love the easy access to outdoor activities while enjoying the privacy of limited through traffic. Inside, you'll find inviting living spaces, a functional floor plan, and a welcoming atmosphere ready for its next owner. Whether you're looking for your first home, downsizing, or investing, this property is one you won't want to miss.

Key facts

• Cul-de-sac
• Neighborhood park
• 8,756 sq ft lot

Tags

• CUL-DE-SAC
• NEIGHBORHOOD PARK
• LIMITED THROUGH TRAFFIC
• FUNCTIONAL FLOOR PLAN

Property features AI

Exterior

• Parking: 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story
• Construction: Composition roof; Slab foundation
• Exterior features: Located on a cul-de-sac

Interior

• Kitchen: Dishwasher; Electric range
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Dishwasher; Electric range; Electric water heater; Wood-burning fireplace in the living room
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $238k.

Deal economics

• At list price, monthly cash flow is $54 ($643/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 $195k (18.2% below list).
• Recommended offer: $195k (18.2% 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: Ross El (math 22% / reading 22%, grade F, #3,333 of 4,322 statewide, top 80%, 408 students, 76% 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); 263 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $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 7 days on market — expect competitive offers; lowballing is unlikely to land.

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 $194,675 (18.2% below list)

Questions for the listing agent

1. Built in 1975 — 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: 0.82% ✗
• Cap rate: 6.56%
• Cash-on-cash: 0.96%
• DSCR: 1.04
• GRM: 10.2

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: -16.5%
• Equity multiple: 0.42×
• Total profit: $-38,385
• Equity at exit: $35,487

10-year hold

• IRR: -11.2%
• Equity multiple: 0.37×
• Total profit: $-41,863
• Equity at exit: $20,578

Cash invested: $66,640 (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: 263
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,947 high
• Mortgage (P&I): −$1,248
• Tax from tax record: −$137 /mo · $1,645/yr
• Insurance: −$99
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $54

Break-even live

Break-even rent $1,879

Max offer price $238,000

Occupancy floor 92%

Sensitivity live

Price	-10% $188	-5% $121	+0% $54	+5% $-14	+10% $-81
Rent	-10% $-100	-5% $-23	+0% $54	+5% $130	+10% $207
Rate	-1.0pp $173	-0.5pp $114	base $54	+0.5pp $-8	+1.0pp $-71

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: $59,500
• Closing costs: $7,140
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1119 E 51st St Odessa, TX	2.0	1.5	1169	$1,500	$1.28	14d	1	0.12mi
1311 E 52nd St Unit 1 Odessa, TX	3.0	2.0	1410	$1,950	$1.38	21d	1	0.26mi
1529 E 52nd St Odessa, TX	3.0	2.0	1275	$2,200	$1.73	44d	1	0.52mi
1308 Alpine St Odessa, TX	3.0	2.0	1800	$2,195	$1.22	14d	1	0.58mi
1202 E 42nd St Odessa, TX	3.0	1.0	1100	$1,650	$1.50	44d	1	0.61mi
1613 E 52nd St Odessa, TX	3.0	2.0	1122	$2,200	$1.96	14d	1	0.65mi
4207 Dakota Ave Odessa, TX	3.0	2.0	1904	$2,300	$1.21	44d	1	0.80mi
1813 Petroleum Dr Odessa, TX	3.0	2.0	1299	$1,700	$1.31	21d	1	0.83mi
3624 Walnut Ave Odessa, TX	3.0	1.0	1488	$1,950	$1.31	44d	1	0.85mi
1710 Wrigley Dr Odessa, TX	4.0	2.0	1578	$2,800	$1.77	21d	1	0.93mi
1212 E Century Ave Odessa, TX	3.0	1.0	1359	$1,300	$0.96	21d	1	0.98mi
4425 Conley Ave Odessa, TX	3.0	1.5	1584	$2,200	$1.39	21d	1	1.12mi
4424 Conley Ave Odessa, TX	4.0	2.5	2100	$2,500	$1.19	44d	1	1.15mi
4256 Bonham Ave Odessa, TX	3.0	2.0	1261	$1,600	$1.27	21d	1	1.16mi
4233 Bonham Ave Odessa, TX	3.0	2.0	1144	$1,600	$1.40	44d	1	1.16mi
2105 Congress St Odessa, TX	4.0	2.0	1910	$2,649	$1.39	21d	1	1.20mi
2702 S Colonial Dr Odessa, TX	3.0	1.0	1490	$1,500	$1.01	14d	1	1.22mi
2220 E 52nd St Odessa, TX	1.0–2.0	1.0–2.5	959	$1,770	$1.85	14d	7	1.22mi
4217 Redbud Ave Odessa, TX	3.0	1.5	1203	$2,200	$1.83	14d	1	1.23mi
2206 Medford Ct Odessa, TX	3.0	2.0	2037	$2,350	$1.15	44d	1	1.32mi
3800 N Golder Ave Odessa, TX	3.0	2.0	1050	$1,600	$1.52	21d	1	1.32mi
2304 Boise Dr Odessa, TX	3.0	2.0	1717	$2,300	$1.34	21d	1	1.34mi
3805 Wimberley St Odessa, TX	2.0	2.0	1210	$2,800	$2.31	44d	1	1.40mi
3009 N Century Ave Odessa, TX	3.0	2.0	1909	$2,600	$1.36	44d	1	1.42mi
6015 N Golder Ave Odessa, TX	3.0	1.0	1140	$3,500	$3.07	44d	1	1.43mi
6819 Ector Ave Odessa, TX	2.0	1.5	1295	$1,650	$1.27	14d	1	1.43mi
6418 Patrick Clay Dr Odessa, TX	4.0	2.0	1600	$2,800	$1.75	44d	1	1.43mi
237 Orchard Dr Odessa, TX	4.0	2.0	1768	$2,000	$1.13	14d	1	1.44mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	14d	24	1.48mi
3843 Penbrook St Odessa, TX	1.0–3.0	1.0–2.0	885	$1,584	$1.79	21d	17	1.48mi
815 W 40th St Odessa, TX	3.0	2.0	1216	$1,800	$1.48	44d	1	1.49mi

Listing history 7 events

1. 2026-06-19
   days on market $238,000 Active 7 DOM
2. 2026-06-18
   days on market $238,000 Active 6 DOM
3. 2026-06-17
   days on market $238,000 Active 5 DOM
4. 2026-06-16
   days on market $238,000 Active 4 DOM
5. 2026-06-15
   days on market $238,000 Active 3 DOM
6. 2026-06-13
   remarks 502-char remark
7. 2026-06-13
   listed $238,000 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: $1,645 · $137/mo
• Projected year-2 tax: $4,355 · $363/mo
• Expected delta: +$2,710/yr (+$226/mo · 164.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 35% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥101°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: $23,361
• − Mortgage interest: −$13,332
• − Property taxes: −$1,645
• − Insurance: −$1,190
• − Repairs & maintenance: −$1,869
• − Management: −$1,869
• − Depreciation: −$6,924
• Taxable loss: −$3,467
• Est. tax savings @ 24.0%: +$832
• After-tax cash flow: $1,475/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

1 event — show timeline

• 2026-06-12 Listed $238,000 PBBOR

Property tax history

-5.9%/yr

Latest (2025): $1,645 · -44.1% YoY. Source: county tax records.