








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Odessa at 11640 W Catalpa St, Odessa, TX, 79763 offers a 6.94% rental yield on a $332,000 purchase with $1,920/mo rent. 1% in year one. Equity gained on principal adds $2,142/yr while 5% annual appreciation supports $91,725 over five years. Portfolio math shows five-year ROI at 78.31% and total cumulative return in cash at $86,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,625/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79763, Odessa, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,180 (58.4%) |
| Renter Occupied HU | 4,348 (27.6%) |
| Vacant Housing Units | 2,203 (14.0%) |
| Median Home Value | $153,656 |
| Average Home Value | $222,108 |
Residential
14,198
Single Family
12,778
Multi-Family
1,420
Businesses
808
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $332,000 |
| 2025-01-07 | Listed for sale | $345,000 |
| 2024-11-20 | Listing removed | $354,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2605.38 | 8.52% | $273,564 | 4.82% |
| 2023-02-13 | $2400.75 | -27.25% | $260,989 | 1.88% |
| 2022-02-13 | $3300.06 | -5.79% | $256,163 | 3.25% |



Listed by: Cuthbert Soria • Heritage Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #157246
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.