c.1955 Tiny Texas Starter Home $75K
$75,000
Check out this tiny Texas starter home. She may be tiny, but she sure is cute with a lovely brick fireplace and large windows that bring in plenty of natural light. She is a one-bedroom, one-bath, 376-sf petite cutie with potential.
Realtor Comments
Searching for the perfect investment property? Look no further! This property offers limitless possibilities and is ready for the right investor to bring their vision to life. Sold as-is.
- 1bed
- 1bath
- Circa 1955
Virtual Tour
1431 S Alleghaney Ave, Odessa, TX 79761 $75,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Marilyn Escarcega
Pros
• Affordable cost of living & housing
Overall cost of living is about 7–9% below the U.S. average, with housing ~16% cheaper
Median home price ranges roughly from $160K to $265K; rent averages $1,100–1,300/mo .
• Strong job market (oil & beyond)
Major employment in oil and gas, with additional jobs in healthcare, education, and retail
Unemployment hovers around 3.5%–7%, depending on oil market cycles .
• Cultural scene & recreational attractions
Odessa features the Globe Theatre, Wagner Noël Performing Arts Center, Ellen Noël Art Museum, murals, symphony, and rodeo events
Outdoor opportunities include McKinney Park, Monahans Sandhills State Park, Metro active parks, and sports fields
• Sunny, dry climate
Around 260 sunny days and low rainfall (~15″/year); true desert environment with mild winters, though summers can be intense
• College town amenities
Hosts Odessa College and the University of Texas Permian Basin, supporting education and workforce development
❌ Cons
• Temperature extremes & occasional dust storms
Summers frequently exceed 100°F; winters are cool but rainy and snowy seasons are rare
Dust storms can sweep through the region .
• Crime concerns
Crime rates are above average, especially property crime; violent crime occurs in pockets .
Residents report mixed feelings on safety—some feel uneasy, especially women out alone
• Public transit limitations & traffic
Bus service (E-Z Rider) exists but coverage is limited; most rely on cars for commuting
Traffic accidents are common and roads could benefit from improvement
• Boom‑bust economy
Heavy reliance on oil means economic swings; unemployment can spike when oil prices fall
• Schools & incomes lag national averages
Public schools are average at best; only ~19% of adults hold bachelor’s degree
Median household income (~$63K–73K) and education levels below U.S. averages
