Two-Unit Duplex with
New
For Sale
$199,900
2525-27 Roper St, Odessa, TX 79761
Residential Income, Odessa, TX
Property Size1,642 SF
Lot Size0.24 Acres
Price / SF$121.74
Days on Market4
Property Features for 2525-27 Roper St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
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
07000.05168.00000
Size
1,642 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
2749
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, 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: Oct 6
Changed: Oct 7
Last Checked: Oct 9 at 2:06AM
MLS# 178000
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.
Investment Insights
Based on property information with market context.
This duplex contains two similarly configured residences within 1,642 square feet. Built in 1958, the property has brick veneer construction, carpeted flooring, central air conditioning, individual water heaters, and patio space. The roof is composition, and the site is served by public water and public sewer.
The property occupies 0.239 acres at 2525-27 Roper St in Odessa, Texas. Its two-unit layout and shared property features provide a straightforward configuration for residential rental use.
The property occupies 0.239 acres at 2525-27 Roper St in Odessa, Texas. Its two-unit layout and shared property features provide a straightforward configuration for residential rental use.
Key Highlights
- Two similarly configured rental units
- 1,642 square feet of building area
- 0.239‑acre site at 2525‑27 Roper St, Odessa, TX 79761
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,831
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,620
$296.6K
Cap Rate 7%
$211,871
$211.9K
Cap Rate 9%
$164,789
$164.8K
Market Conditions
NOI Build-Up for 1,642 SF
Gross rent
$22.7K $13.80/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$21.2K $12.90/SF
− OpEx
−$6.4K −$3.87/SF
NOI
$14.8K $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%
$296,620
Cap Rate 7%
$211,871
Cap Rate 9%
$164,789
Alternative Uses
Best Use
Multifamily LT 5
$211.9K
$185.4K – $247.2K
NOI $14,831 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$190.2K
$166.5K – $222.0K
NOI $13,317 @ 7.0% cap · market cap 6.66%
Theoretical Best
Flex RnD
$2.39M
$2.09M – $2.78M
NOI $167,097 @ 7.0% cap · market cap 83.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
498
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two comparable rental residences share a 1958-built property with central air conditioning.
Where is this duplex located?
The property is located at 2525-27 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 similarly configured rental units; 1,642 square feet of building area; 0.239‑acre site at 2525‑27 Roper St, Odessa, TX 79761
