2100 E 10th St Odessa, TX 79761
Stabilized, renovated apartment complex in Odessa, Texas, a prime investment.
Type:Multifamily
- Added:
- Apr 3, 2026
- Days on Market:
- 22
- Last Refresh:
- Apr 3 at 5:08 am
Property Features for 2100 E 10th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Richard Robson License #TX: 692631 (972) 755-5173
Listing office Dallas Office (972) 755-5173
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Stabilized Renovated Asset in Odessa, Texas
The Paddocks Apartments presents an opportunity to acquire a stabilized, renovated asset in Odessa, Texas. Odessa is a city serving as the operational heartbeat of the Permian Basin, the #1 producer of oil and gas in the United States. As of early 2026, the Odessa economy continues to outperform national averages, bolstered by a regional GDP that has expanded consistently and a labor force that reached record highs in 2025. Major employers like Halliburton, Saulsbury Company, and the Ector County Independent School District provide a deep and diverse tenant base. The demand for mid-market, garden-style housing remains resilient. The Odessa apartment market has seen steady rent growth, with average monthly rents for one-bedroom units reaching approximately $1,147. The property offers a compelling yield spread for investors looking to capitalize on a market defined by high energy-sector wages and a 1.6%–2.5% annual job growth rate. This acquisition is structured as a lender-approved short sale, providing a rare entry point at a high-going-in cap rate and a projected yield that significantly outperforms current market averages.
Location Intelligence
Current Use by Public Records
The Paddocks Apartments
Apartment Complex
Spanish Oaks Apartments
Apartment Building
Regal Roofing
Roofing Company
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3506
- Latitude
- 31.861574
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Stabilized, renovated apartment complex in Odessa, Texas, a prime investment.
Where is this apartment building located?
The property is located at 2100 E 10th St Odessa, TX.
What are key features of this property?
This property features: High‑yield investment opportunity due to lender‑approved short sale structure and high going‑in cap rate.; Located in Odessa, Texas, the operational center of the Permian Basin, the #1 oil and gas producer in the U.S.; Strong Odessa economy outperforming national averages with consistent GDP expansion and record‑high labor force.
