West Odessa Income
For Sale
Contact for pricing
12715 W 3rd St, Odessa, TX 79763
17-bedroom income property on 2.5 acres in West Odessa.
Property Size6,375 SF
Lot Size2.50 Acres
Price / SF$86.27
Days on Market171
Property Features for 12715 W 3rd St
General Information
Standard status
Active
Size
6,375 SF
Lot size
2.50 Acres
Property subtype
Business for Sale, Land, Multifamily
Zoning
commercial, land
Occupancy
70%
Investment Type
Owner/User
Net Operating Income
$56,630
Building Details
Year Built
2015
Buildings
1
Stories
1
Units
17
Tenancy
Multi
Listing Agency:
Keller Williams Realty Midland
(432) 770-6013
Listed By:
Jonathan Purkey · License #794391
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 8 at 2:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Midland
Investment Insights
Based on property information with market context.
This income property in West Odessa features 17 bedrooms and is situated on a 2.5-acre lot. The property offers a cash-flow opportunity and is located in an area with high demand for workforce housing. The asset provides immediate revenue with room for rental growth. The acreage offers potential for further development, such as additional units or storage. The property size is 6375 square feet.
Key Highlights
- High‑yield income property with immediate revenue
- Significant cash‑flow opportunity in West Odessa
- Prime location with high demand for workforce housing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,323
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 17-bedroom income property on 2.5 acres in West Odessa.
Where is this apartment building located?
The property is located at 12715 W 3rd St Odessa, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High‑yield income property with immediate revenue; Significant cash‑flow opportunity in West Odessa; Prime location with high demand for workforce housing
