Brick Veneer
For Sale
$199,900
2517-19 Roper St, Odessa, TX 79761
Residential Income, Odessa, TX
Property Size1,650 SF
Lot Size0.33 Acres
Price / SF$121.15
Days on Market47
Property Features for 2517-19 Roper St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 2
Patio and Porch features
Patio
Appliances
Individual Water Heaters
Subdivision
Crescent Park
Elementary school
Dowling
Middle school
Bonham
High school
Permian
Standard status
Active
APN
07000.05156.01000
Size
1,650 SF
Lot size
0.33 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2749
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Flooring type
Carpet
Building materials
Brick Veneer
Roof type
Composition
Listing Agency:
Pinnacle Realty Advisors
(972) 338-5441
Listed By:
Hayden Burnett · License #0719267
(432) 553-5260
Added: Sep 21
Changed: Oct 29
Last Checked: Nov 6 at 6:06AM
MLS# 177692
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.
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Investment Insights
Based on property information with market context.
This 1,650-square-foot duplex was built in 1958 and sits on a 0.333-acre lot. The two units are described as similar in layout. Brick veneer, carpet flooring, central heating and air conditioning, individual water heaters, and a patio are among the property’s features.
The property is in east Odessa and is served by public water and sewer. Its composition roof completes the listed building details.
The property is in east Odessa and is served by public water and sewer. Its composition roof completes the listed building details.
Key Highlights
- Two similar units in an east Odessa duplex
- 1,650 square feet on a 0.333‑acre lot
- Built in 1958 with brick veneer construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,903
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,060
$298.1K
Cap Rate 7%
$212,900
$212.9K
Cap Rate 9%
$165,589
$165.6K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$22.8K $13.80/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$21.3K $12.90/SF
− OpEx
−$6.4K −$3.87/SF
NOI
$14.9K $9.03/SF
Area
Odessa, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,060
Cap Rate 7%
$212,900
Cap Rate 9%
$165,589
Alternative Uses
Best Use
Multifamily LT 5
$212.9K
$186.3K – $248.4K
NOI $14,903 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$191.2K
$167.3K – $223.0K
NOI $13,381 @ 7.0% cap · market cap 6.69%
Theoretical Best
Flex RnD
$2.40M
$2.10M – $2.80M
NOI $167,911 @ 7.0% cap · market cap 84.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property contains two similar rental units in east Odessa.
Where is this duplex located?
The property is located at 2517-19 Roper St Odessa, TX.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two similar units in an east Odessa duplex; 1,650 square feet on a 0.333‑acre lot; Built in 1958 with brick veneer construction
