Section Image

Explore Similar Apartments Within 2 Miles of Downtown Odessa, TX

  • /12

    $218,000

    • 4 Beds
    • 1,540 Sq Ft

    1314 S Lee Ave Unit 1314 & 1316, Odessa, TX 79761

    Great investment opportunity! This property offers two separate units, one unit features 3 bedrooms and 1 bathroom and the other unit with 1 bed/1bath. With a total of four bedrooms and two bathrooms, this duplex provides comfortable living spaces for tenants or potential homeowners. Both units have a mini splits, a metal roof and covered parking. The recent renovations ensure a fresh and modern

    Felicia Saucedo Fathom Realty

    1314 S Lee Ave Unit 1314 & 1316, Odessa, TX 79761
  • /46

    $240,000

    • 4 Beds
    • 11,860 Sq Ft

    517 N Lauderdale Ave, Odessa, TX 79763

    Looking for an investment property? The opportunity is endless with this 11,000+ sqft property. Call a REALTOR today to schedule an appointment.

    Justin Howsey Turnkey Realty, LLC

    517 N Lauderdale Ave, Odessa, TX 79763

Why Live in Downtown Odessa

Downtown Odessa is characterized by mid-20th-century ranch-style homes, with some Cape Cod influences and newer traditional houses built after 2000. Sidewalks are common in the area, though residential streets often feature grassy lawns extending to the curb. The neighborhood includes single-family homes and some apartments, with rents for one- to two-bedroom units ranging from $1,000 to $1,500. Part of Downtown Odessa is classified as a Special Flood Hazard Area, necessitating flood insurance for many residents. Parks such as Odessa College Downtown, Progressive Park, and Noel Heritage Plaza offer green spaces, playgrounds, and community events. The Ector County Library provides book clubs and story times, enhancing the local cultural scene. The neighborhood's colorful streets are lined with independent restaurants and boutiques, including the long-standing Permian Basin Hamburger Co. and Homemade Wines. Monthly events like First Friday ODTX bring the community together with various activities and performances. Downtown Odessa is commuter-friendly, with walkable areas and bus stops along Grant Avenue and 2nd Street, and is served by Midland International Air & Space Port. The area hosts two hospitals, Medical Center Hospital and Odessa Regional Medical Center, catering to both local and nearby smaller towns.

Home Trends in Downtown Odessa, TX

Housing Trends

Median Sale Price
$220,000
Median Single Family Sale Price
$213,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
3
Last 12 months Home Sales
7
Months of Supply
5.10
Median List Price
$214,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
38%
How to Buy a Home How to Finance a Home How to Sell a Home