1316 Amburgey Ave, Odessa TX

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1316 Amburgey Ave, Odessa TX 79763

Asking Price: $59,900

Property Description

4 bedroom house for only $41 a sq. ft.

DON’T let the outside scare you on this amazing opportunity!

4 bed, 1.5 bath, with 2 living spaces! The inside is actually in fairly

good condition, looks like your grandma and grandpas home!

Located near Odessa High and downtown right outside old Odessa!

The Numbers
Estimated After-Repair-Value (ARV) $155,000
Asking Price ($59,900)
Estimated Repairs ($55,000)
Gross Profit Potential $50,000
Rent Estimate $1,200
Estimated Cap Rate 12-14%
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Property Photos

Facts and Features
Type Single Family Residence Garage NA
Year Built 1946 Roof Type Composition
Home Square Feet 1,452 Foundation Type Pier and Beam
Lot Size 0.162 Acres, 7,057 SF Exterior Material Siding
Bedrooms 4 Number of Levels 1
Bathrooms 1.5
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Comparable Homes – Sold Square Feet Sold Price Price Per SF
214 Monticello Dr 1,637 $172,000 $105
304 Monticello Dr 1,634 $168,000 $103
915 W 19th St 1,260 $147,000 $117
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Megan Bridges @ 432-348-4604


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DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.