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    303 S Drake St Iraan, TX 79744

    For Sale
    $699,900

    SINGLE_FAMILY - Iraan, TX

    Type:Office
    Property size:
    2,923 SF
    Lot size:
    0.14 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 303 S Drake St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    20931
    Size
    2,923 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1960
    Building materials
    Brick
    Roof type
    Metal

    Strait A Real Estate (432) 528-9221

    Listing agent Vanessa Navarrete (432) 528-9221

    Listing date Sep 29, 2025

    Copyright © 2025 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.

    Overview

    Iraan, TX Multifaceted Property

    Located on a corner lot in a high-demand area, this property features two separate buildings offering various possibilities. One of the buildings has been updated. The property also includes three RV lots with connections. The lot size is 0.138 acres. The property size is 2923 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Iraan
    County
    Pecos
    State
    Texas
    Longitude
    -101.8982597
    Latitude
    30.9110743

    FAQs

    What type of property is this?
    Office building - Corner lot with updated building and RV hookups.
    Where is this office building located?
    The property is located at 303 S Drake St Iraan, TX.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - High demand area location; - Two separate buildings offer endless possibilities; - Corner lot
    (432) 528-9221
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    Iraan, TX 79744
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 S Drake St Iraan, TX 79744
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