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Terrace Hills

Terrace Hills

$148,362 Average Value
$404 Average Price per Sq Ft
1 Home For Sale

Growing Odessa neighborhood near schools and stores

Terrace Hills is a residential Odessa neighborhood that sits between major thoroughfares 42nd Street and University Boulevard. The major roadways are lined with parks and restaurants, leading straight into the University of Texas Permian Basin, 4 miles away. The neighborhood is a growing part of town, where homes don’t often hit the market. “There are not a lot of homes for sale, but they are usually starter homes,” says Analisa Ybarra, a real estate agent with Home Charm Realty. The developing neighborhood is a benefit to those looking to live close to grocery stores and schools. “It is a good place for small families,” Ybarra says.

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Terrace Hills
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Older, mid-century homes

Ranch-style homes built in the mid-1900s are the most common construction in the neighborhood, often on lots between 6,000 and 8,000 square feet. Prices typically range from around $94,000 for an investment property needing renovations and updates to around $265,000 for brick ranchers with a fenced-in backyard close to the dog park. “Investors usually look around there,” Ybarra says. “Many of the houses almost always need some fixing up.” While most properties have a driveway or garage, street parking is available. Land lots ready for homes to be built on sometimes hit the market and range from $25,000 to $75,000.

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Terrace Hills
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Murals and paintings at Curb Side Bistro

Terrace Hills is almost entirely residential; however, residents won’t have to go far to find restaurants or groceries. A few blocks east, along 42nd Street, Dumplins Y Amigos is a breakfast spot offering favorites like chicken fried steak and pancakes and is known for its service. Nearby Curb Side Bistro serves American comfort food in an artistic environment, including paintings and a Biggie Smalls Mural next to the front door. United Supermarkets is a few blocks south on County Road while Oriental Market is on Highway 385.

Terrace Hills
Terrace Hills
The Curb Side Bistro and its beautiful murals welcome its Terrace Hills customers.
The Curb Side Bistro and its beautiful murals welcome its Terrace Hills customers.
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Bark Park
Bark Park

Expansive dog-runs and space at Central Bark

Slator Park borders the neighborhood to the west, just off Pleasant Avenue. Children enjoy the modest playground on artificial grass while the parents watch from the nearby covered picnic tables. The park also has a vast green space with a few trees and a fenced-in basketball court. Adjacent to the park is Central Bark, an expansive dog park with two dog-run areas, one for larger breeds and one for smaller breeds. The nearby Ector County Coliseum hosts various events throughout the year, including the annual Permian Basin Fair & Expo. Held around Labor Day Weekend, the event features food vendors, rides and entertainment, including a Dog Extravaganza and food-eating contests.

Marching Band
Marching Band

Marching band tradition at Odessa High

Burleson Elementary School receives a C-minus from Niche and is within walking distance from the neighborhood, just across Golder Avenue. Bowie Middle School also gets a C-minus and has a dress code for students, where their uniform color is based on their grade. Teenagers may attend Odessa High, which earns a C rating. The Odessa High band has the longest streak of first division-one ratings in Texan marching contests, going back 84 years. Odessa College is the nearby for those continuing their education, offering over 120 associate, bachelor's and certificate degree programs

Access to highways and the EZ-Rider

The Midland Odessa Urban Transit District bus system, otherwise known as EZ-Rider, has bus stops along 38th Street at W County Road and Golder Avenue. Even with access to the EZ-Rider, Ybarra says it is still a driving-centric area. Terrace Hills sits about 3 miles north of downtown Odessa and the same distance from the Medical Center Hospital. Major highways 385 and 338 are adjacent to the neighborhood, leading to downtown or Interstate 20. Midland International Air and Space Port Airport is a 14-mile drive east.

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DJ Stewart
Written By
DJ Stewart
Eduardo Ford
Photography Contributed By
Eduardo Ford
Jacob Cardwell
Video By
Jacob Cardwell

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Melody Villasana, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Midland International Air And Space Port

23 min drive

Terrace Hills Demographics and Home Trends

Housing Trends

Median List Price
$369,000
Median Sale Price
$526,997
Median Single Family Sale Price
$689,995
Median Townhouse Sale Price
$364,000
Median 2 Bedroom Sale Price
$255,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
16
Average Price Per Sq Ft
$404

Neighborhood Facts

Number of Homes in Neighborhood
185
Number of Homes for Sale
1
Median Year Built
1958
Months of Supply
0.80
Average Single Family Home Size Sq Ft
1,394
Significantly below the national average
1,924
Median Lot Size Sq Ft
6,969

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Melody Villasana, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,035
Median Age
32
Population Density
11 ppl/acre
Population under 18
31.7%
Above the national average
23.8%
Population over 65
11.2%
Below the national average
19.1%

Finances

Median Household Income
$57,158
Significantly below the national average
$71,702
Average Household Income
$67,836

Education and Workforce

High School Graduates
77.1%
Below the national average
89.1%
College Graduates
19.2%
Below the national average
34.1%
Advanced Degrees
8.3%
% Population in Labor Force
74.8%

Weather

Annual Precipitation
15''
Average Winter Low Temperature
33°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

38 / 100

Car-Dependent

Walk Score®

44 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Terrace Hills
Melody Villasana
Home Charm Realty, LLC
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