Why Live in Esmond Estates
Esmond Estates in Odessa is a neighborhood featuring traditional brick and stone homes built between the 1980s and 2010s. The area has wide roads with ample street parking and homes with one- or two-car garages. Residents enjoy shaded sidewalks under oak trees and pebble and grassy lawns. The neighborhood has a moderate risk of tornadoes, with standard homeowners' insurance typically covering wind and storm damage. Local attractions include Lions Club Park, which offers a playground and basketball court within walking distance, and Sherwood Park, located about 2 miles away, featuring an aquatic center, skatepark, and a 1-mile walking trail. Shopping and dining options are abundant at Music City Mall, which hosts over 100 shops, live music, and an indoor skating rink. Nearby eateries include Bottoms Up Bar & Grill, Volcano Asian fusion, and Jorge’s Mexican restaurant. Essential stores like H-E-B, Walmart, Target, and Lowe’s are within 1 mile. Residents can participate in community events such as First Friday ODTX and the annual Community Pool Party at Sherwood Aquatic Center. While most residents rely on cars, public transportation is available along major streets, and Midland International Air & Space Port is about 10 miles away. The University of Texas Permian Basin, located about 1 mile away, offers various undergraduate and graduate programs and features public attractions like the Stonehenge Replica and Ellen Noël Art Museum.
Frequently Asked Questions
Is Esmond Estates a good place to live?
Esmond Estates is a good place to live. Esmond Estates is considered car-dependent and bikeable. It is sparse in population with 0.2 people per acre and a median age of 35. The average household income is $79,319 which is below the national average. College graduates make up 17.9% of residents. A majority of residents in Esmond Estates are home owners, with 41.9% of residents renting and 58.1% of residents owning their home. A
local real estate agent serving Esmond Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Esmond Estates neighborhood guide.
How much do you need to make to afford a house in Esmond Estates?
The median home price in Esmond Estates is $250,000. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $55K a year to afford the median home price in Esmond Estates. The average household income in Esmond Estates is $79K.
What are the best public schools in Esmond Estates?
The best public schools that serve Esmond Estates are:
What are the most popular zip codes in Esmond Estates, Odessa, TX?
What are the most popular neighborhoods near Esmond Estates, Odessa, TX?
Are home prices dropping in Esmond Estates?
Yes, home prices in Esmond Estates are down 10% in the last 12 months.
Home Trends in Esmond Estates, TX
On average, homes in Esmond Estates, Odessa sell after 46 days on the market compared to the national average of 70 days. The median sale price for homes in Esmond Estates, Odessa over the last 12 months is $250,000, down 41% from the median home sale price over the previous 12 months.
Median Sale Price
$250,000
Median Single Family Sale Price
$105,900
Median Townhouse Sale Price
$1,127,495
Median 1 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
3
Last 12 months Home Sales
13
Median List Price
$250,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-41%