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    Property profile & analytics

    Ih 20 Penwell, TX 79776

    • Mining Land & Claims
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-6774902
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mining Land & Claims

    Property Details for Ih 20

    Lot size
    0.75 lot acres
    Zone code
    ES1
    Property type
    Mining Land & Claims
    APN
    24000.00190.00000
    APU
    240000019000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penwell
    County
    Ector
    State
    Texas
    Longitude
    -102.602
    Latitude
    31.7344
    CBSA code
    36220
    CBSA name
    ODESSA, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2.00
    $100
    $0.00
    $100
    -
    $100
    $0.00
    $100

    Comparable in this City

    • Value Estimation by Request
      0.86 Acres

      Ih 20

      MINING, MINERAL, QUARRIES • 0.86 Acres
      Ih 20, Penwell, TX 79776
      View Details
    • Value Estimation by Request
      10.00 Acres

      17550 I-20 Service Rd

      Flex space • 3,400 SF
      17550 I-20 Service Rd, Penwell, TX 79776
      View Details
    • Value Estimation by Request
      327.00 Acres

      850 I H 20

      Land • 327.00 Acres
      850 I H 20, Odessa, TX 79776
      View Details
    • Value Estimation
      $400,000
      16.00 Acres

      Ih 20

      COMMERCIAL (GENERAL) • 16.00 Acres
      Ih 20, Penwell, TX 79776
      View Details
    • Value Estimation
      $495,000
      4,026 SF

      236 Fm 1601

      OFFICE BUILDING • 4,026 SF
      236 Fm 1601, Penwell, TX 79776-2100
      View Details
    • Value Estimation by Request
      4,000 SF

      850 I-20

      Commercial real estate • 4,000 SF
      850 I-20, Penwell, TX 79776
      View Details

    Similar Nearby for Sale

    • $779,000
      4,000 SF

      I-20 West Frontage Commercial Property

      Penwell, TX: Shop, Office, & Storage
      850 I-20, Penwell, TX 79776
      View Details
    • $779,000
      4,000 SF

      Penwell Warehouse with I-20 Frontage

      Warehouse with shop, office, and storage near I-20.
      850 W I-20, Penwell, TX 79776
      View Details
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    Ih 20
    Penwell, TX 79776
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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