0 Bass St Odessa, TX 79766
This exceptional 1-acre residential lot in Crane, Texas, presents a unique opportunity. Located in Reata Ranch, this property boasts paved road access via Bass Drive and 385, offering convenient accessibility. The land features some of the purest alkaline water found in the Permian Basin. Enjoy breathtaking sunsets from this elevated location, aptly named for its beauty ("El Bonito Atardecer"). The property is part of a development with 15 lots already equipped with electricity. While minor restrictions are in place (no junk, water sales, SWD's, feedlots, RV parks, or man camps), these ensure a high-quality, desirable neighborhood. Mobile homes are permitted. The asking price is $55,000. Owner financing is available on select lots, making this an attractive investment opportunity. Don't miss out
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.