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Explore Similar Homes Within 2 Miles of 385 Ranch Estates, TX

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    Agent Photo

    Thomas Johnston

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    (432) 423-2703

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    0 E Bear St Unit 154210, Odessa, TX 79766

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Why Live in 385 Ranch Estates

385 Ranch Estates, located nearly ten miles south of Odessa, Texas, is a quiet community offering a rural lifestyle near the oil fields. The neighborhood features large land lots, often spanning several acres, with homes on water well and septic systems. Roads are chip-based with gravel and dirt sides, lacking curbs and gutters. Residents enjoy the spaciousness, with homes typically separated by 100 feet, compared to the closer spacing found in town. The area includes ranch-style and national homes built between the 1990s and 2010s, as well as manufactured and double-wide homes. A vehicle is essential for living in 385 Ranch Estates, as there are no public transportation options. Downtown Odessa is approximately seven miles away via Highway 385, making it a quick drive for residents. The Midland International Air and Space Port is about 18 miles east, accessible via Interstate 20. The neighborhood lacks parks and outdoor recreation options, though residents often ride horses on country roads. Nearby, Comanche Trail South Park offers a walking trail, pond, and disc golf courses, while McKinney Park features a splash pad, sports courts, and picnic areas. Shopping and dining options within the neighborhood are limited to a Dollar General store. However, a short drive into Odessa provides access to local eateries like Panchitos Burritos, Lucy’s Café, and Emilio’s Paleteria, as well as larger retailers like Walmart and H-E-B. Schools are several miles away, with Lyndon B. Johnson Elementary, Nimitz Middle School, and Odessa High School all requiring a commute.

Frequently Asked Questions

Is 385 Ranch Estates a good place to live?
385 Ranch Estates is a good place to live. 385 Ranch Estates is considered very car-dependent and somewhat bikeable. 385 Ranch Estates has 2 parks for recreational activities. It is fairly sparse in population with 4.5 people per acre and a median age of 32. The average household income is $93,310 which is below the national average. College graduates make up 0.4% of residents. A majority of residents in 385 Ranch Estates are home owners, with 21.5% of residents renting and 78.5% of residents owning their home. A local real estate agent serving 385 Ranch Estates can help you decide if this neighborhood is the right one for you. Learn more on our 385 Ranch Estates neighborhood guide.
How much do you need to make to afford a house in 385 Ranch Estates?
The median home price in 385 Ranch Estates is $149,900. If you put a 20% down payment of $30,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in 385 Ranch Estates. The average household income in 385 Ranch Estates is $93K.
What are the best public schools in 385 Ranch Estates?
The best public schools that serve 385 Ranch Estates are:
  • Nimitz Middle School has a B- Niche grade and a student teacher ratio of 17:1.
  • Permian High School has a C+ Niche grade, a student teacher ratio of 19:1 and an average review score of 3.7.
  • Odessa High School has a C+ Niche grade, a student teacher ratio of 17:1 and an average review score of 3.7.
What are the most popular zip codes in 385 Ranch Estates, Odessa, TX?
The most popular zip codes in 385 Ranch Estates, Odessa, TX include 79766, 79761, 79763, 79758 and 79731.
What are the most popular neighborhoods near 385 Ranch Estates, Odessa, TX?
The most popular neighborhoods near 385 Ranch Estates, Odessa, TX are Dorothy Lea, Del Rio, Lasseter, Downtown Odessa and Park Place.
Are home prices dropping in 385 Ranch Estates?
Yes, home prices in 385 Ranch Estates are down 17% in the last 12 months.

Home Trends in 385 Ranch Estates, TX

Housing Trends

Median Sale Price
$179,900
Median Single Family Sale Price
$179,900
Average Price Per Sq Ft
$180
Number of Homes for Sale
0
Last 12 months Home Sales
1
Months of Supply
0.00
Median List Price
$149,900
Median Change From 1st List Price
-20%
Median Home Sale Price YoY Change
-17%
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