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Live-Work Building with Apartment
For Sale
$453,000

1800 N County Rd, Odessa, TX 79763

COMMERCIAL - Odessa, TX

Property Size2,480 SF
Lot Size0.11 Acres
Price / SF$182.66
Days on Market57

Property Features for 1800 N County Rd

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Appliances Central Hot Water
Subdivision Beaty
Lot features Corner Lot
Standard status Active
APN R100044513
Size 2,480 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 3997

Building Details

Year built 1957
Floors in Building 2
Building materials Stucco
Roof type Metal
Listing Agency: All City Real Estate Ltd. Co.
Listed By: Frances Romero · License #0651370
Added: Jun 5 Changed: Jul 22 Last Checked: Jul 31 at 4:06AM
MLS# 173496

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.

Investment Insights

Based on property information with market context.

This live-work building offers a total of 2,480 square feet, with 1,280 square feet on the first level and a finished, open-concept apartment on the second level totaling 1,200 square feet. The apartment includes granite countertops, custom cabinets, a laundry room, a finished bathroom, and a total of three bathrooms across the property. A rear staircase provides access to the second level entrance, and the layout includes a balcony and deck. Additional features include a storage room, an electric one-car garage with remote opener, concrete side and rear pads, a metal roof, and a sealed parking lot.

The property is located at 1800 N County Rd in Odessa, Texas (79763) and is described as move-in ready. It is available for lease or owner-carry financing, providing flexibility for qualified occupants or buyers.

The building’s two-level configuration combines office or work space on the first floor with residential-style living space above, supported by exterior decks and garage storage for day-to-day convenience.

Key Highlights

  • 2,480 SF building with 1st‑level 1,280 SF and finished 2nd‑level 1,200 SF open‑concept apartment
  • 2nd‑floor space includes granite countertops, custom cabinets, a finished bathroom, and a laundry room
  • 3 bathrooms total, plus rear staircase leading to the 2nd‑level entrance

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 $52.1k $21.00
− Vacancy −$8.1k −$3.26
EGI $44.0k $17.75
− OpEx −$11.0k −$4.44
NOI $33.0k $13.31
2,480 SF · lease $21.00/SF/yr · vacancy 15.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$471.5K
$412.6K – $550.1K (±1% cap)
NOI $33,006 @ 7.0% cap · market cap 7.29%
Second Best
Mixed Use
$447.3K
$391.4K – $521.9K (±1% cap)
NOI $31,313 @ 7.0% cap · market cap 6.91%
Theoretical Best
Flex RnD
$3.61M
$3.15M – $4.21M (±1% cap)
NOI $252,375 @ 7.0% cap · market cap 55.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Kathy's Fashion Clothing Store FRANCES VICTORIA ROMERO ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 79763, TX

39,767
Population
15,063
Households
2.6
Avg Household Size
33
Median Age
9%
College-Educated
70%
High-School Grad
50.4 sq mi
ZIP Area
789
Density / Sq Mi
$57,618
Median Household Income
$45,267
Median Earnings
$1,097
Median Rent
$127,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Live-work building with finished second-floor apartment, granite counters, multiple bathrooms, and a one-car electric garage.
Where is this live-work space located?
The property is located at 1800 N County Rd Odessa, TX.
What is the asking price?
The asking price for this property is $453,000.
What are key features of this property?
This property features: 2,480 SF building with 1st‑level 1,280 SF and finished 2nd‑level 1,200 SF open‑concept apartment; 2nd‑floor space includes granite countertops, custom cabinets, a finished bathroom, and a laundry room; 3 bathrooms total, plus rear staircase leading to the 2nd‑level entrance
More about this property
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