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
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Overall cost of living is about 7–9% below the U.S. average, with housing ~16% cheaper
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Median home price ranges roughly from $160K to $265K; rent averages $1,100–1,300/mo .
• Strong job market (oil & beyond)
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Major employment in oil and gas, with additional jobs in healthcare, education, and retail
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Unemployment hovers around 3.5%–7%, depending on oil market cycles .
• Cultural scene & recreational attractions
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Odessa features the Globe Theatre, Wagner Noël Performing Arts Center, Ellen Noël Art Museum, murals, symphony, and rodeo events
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Outdoor opportunities include McKinney Park, Monahans Sandhills State Park, Metro active parks, and sports fields
• Sunny, dry climate
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Around 260 sunny days and low rainfall (~15″/year); true desert environment with mild winters, though summers can be intense
• College town amenities
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Hosts Odessa College and the University of Texas Permian Basin, supporting education and workforce development
❌ Cons
• Temperature extremes & occasional dust storms
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Summers frequently exceed 100°F; winters are cool but rainy and snowy seasons are rare
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Dust storms can sweep through the region .
• Crime concerns
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Crime rates are above average, especially property crime; violent crime occurs in pockets .
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Residents report mixed feelings on safety—some feel uneasy, especially women out alone
• Public transit limitations & traffic
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Bus service (E-Z Rider) exists but coverage is limited; most rely on cars for commuting
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Traffic accidents are common and roads could benefit from improvement
• Boom‑bust economy
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Heavy reliance on oil means economic swings; unemployment can spike when oil prices fall
• Schools & incomes lag national averages
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Public schools are average at best; only ~19% of adults hold bachelor’s degree
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Median household income (~$63K–73K) and education levels below U.S. averages
