123 W 10th St, Odessa, TX 79761
SINGLE_FAMILY - Odessa, TX
- Added:
- Jun 11, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 17 at 4:06 pm
Property Features for 123 W 10th St
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 2
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 28100.00710.00000
- Size
- 648 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 905
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Metal, Flat
Listing agent Angie Jimenez License #0614476 (432) 889-2569
Listing office Home Team Real Estate 1518 N Texas, Odessa, TX (432) 614-0781
Listing date Jun 11, 2026
Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick commercial property on the corner of 10th & Lee Ave in Odessa, with easy access to Grant Ave & downtown
- New roof installed 09/2025; metal and flat roofing
- Interior includes a front office area with room to add a second desk plus a second private office
- 1 bathroom and a closet for storage
- Exterior features 2‑car covered parking and customer front parking
Overview
The property is situated on a corner and is described as being at the intersection of 10th and Lee Ave, with easy access to Grant Ave and Downtown Odessa. An exterior parking arrangement supports both day-to-day use and client visits, with covered parking for two vehicles plus customer front parking.
For tenants or owner-users looking to start or relocate a small business, the arrangement of a front office and private office can support client meetings while maintaining a separate work space. The included parking helps reduce friction for customers and employees, and the recently replaced roof supports straightforward near-term facility management.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.6k | $21.00 |
| − Vacancy | −$2.1k | −$3.26 |
| EGI | $11.5k | $17.75 |
| − OpEx | −$2.9k | −$4.44 |
| NOI | $8.6k | $13.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3724716
- Latitude
- 31.8532614
