Listing Agency: ACR Multifamily

Listed By: Sam Parsley · License #TX #619807

Source: Crexi

Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 6:00PM

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Investment Insights

Based on property information with market context.

This apartment building contains 43 residential units and is located at 1200 N Lee Ave in Odessa, Texas 79761.

Key Highlights

• 43‑unit apartment building
• Located at 1200 N Lee Ave, Odessa, TX 79761

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Computer & Electronic Repair Parking Lot & Garage Garden Center

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

43

Residential units

Location Intelligence

Trade Area within ½ mile

1,184

Businesses Nearby

Explore this area Business Placement

Demographics for 79761, TX

30,187

Population

13,591

Households

2.2

Avg Household Size

35

Median Age

14%

College-Educated

76%

High-School Grad

10.4 sq mi

ZIP Area

2,903

Density / Sq Mi

$69,279

Median Household Income

$42,724

Median Earnings

$1,246

Median Rent

$158,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property with 43 residential units in Odessa, Texas.

Where is this apartment building located?

The property is located at 1200 N Lee Ave Odessa, TX.

What are key features of this property?

This property features: 43‑unit apartment building; Located at 1200 N Lee Ave, Odessa, TX 79761