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Odessa, TX Short Sale Homes for Sale

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  • 5 Cherrywood Cir, Odessa, TX 79761
    5 Cherrywood Cir, Odessa, TX 79761
    5 Cherrywood Cir, Odessa, TX 79761
    /80

    $899,000

    $201K PRICE DROP
    • 7 Beds
    • 7.5 Baths
    • 7,012 Sq Ft

    5 Cherrywood Cir, Odessa, TX 79761

    Experience refined living in this stunning 7-bedroom estate designed for luxury & comfort. Three expansive living areas include a party room with a full bar. The gourmet kitchen features commercial-grade appliances, a massive island, dual sinks, & custom built-ins. The primary suite overlooks the pool with large windows, a cozy chimney, & a spacious walk-in closet. With 7.5 baths & a resort-style

    Agent Photo

    Gina Lujan

    Meraki Home Realty, LLC

    (432) 295-7775

    5 Cherrywood Cir, Odessa, TX 79761
  • 2742 E 11th St, Odessa, TX 79761
    2742 E 11th St, Odessa, TX 79761
    2742 E 11th St, Odessa, TX 79761
    /10

    $220,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,814 Sq Ft

    2742 E 11th St, Odessa, TX 79761

    WELL BELOW MARKET VALUE! Centrally located 4 bedroom, 2 bathroom, with an amazing yard for entertaining! This home is ready for you to make it yours. Tons of potential! Call me or your favorite realtor today.

    Agent Photo

    Melody Villasana

    Home Charm Realty, LLC

    (432) 788-3782

    2742 E 11th St, Odessa, TX 79761
  • TBD W Bronze St, Odessa, TX 79766
    TBD W Bronze St, Odessa, TX 79766
    /2

    $60,000

    • Land
    • 1 Acre
    • $60,000 per Acre

    TBD W Bronze St, Odessa, TX 79766

    1-acre lot with no known restrictions—endless possibilities to build, invest, or develop. Additional lots available on-site for those looking to expand acreage.

    Alejandro Rodriguez Heritage Real Estate

    TBD W Bronze St, Odessa, TX 79766
  • 12029 W Palomino Dr, Odessa, TX 79764
    12029 W Palomino Dr, Odessa, TX 79764
    12029 W Palomino Dr, Odessa, TX 79764
    /14

    $450,000

    • 4 Beds
    • 2.5 Baths
    • 2,336 Sq Ft

    12029 W Palomino Dr, Odessa, TX 79764

    Stylish galore with a one acre lot! This gorgeous open floor plan has 4 bedrooms, 2.5 bathrooms, and an amazing lot for you to turn into your very own oasis! Call your favorite realtor for a tour today.

    Ashley Galindo Home Charm Realty, LLC

    12029 W Palomino Dr, Odessa, TX 79764
  • TBD Jasper, Odessa, TX 79766
    TBD Jasper, Odessa, TX 79766
    /2

    $60,000

    • Land
    • 1 Acre
    • $60,000 per Acre

    TBD Jasper, Odessa, TX 79766

    1 Acre Lot with NO RESTRICTIONS! Located alongside five other available lots, this property offers endless possibilities—whether you're looking to build, invest, or bring your vision to life. Don't miss out on this opportunity!

    Alejandro Rodriguez Heritage Real Estate

    TBD Jasper, Odessa, TX 79766
  • TBD S Alcario Dr, Odessa, TX 79766
    TBD S Alcario Dr, Odessa, TX 79766
    /2

    $180,000

    • Land
    • 2.79 Acres
    • $64,516 per Acre

    TBD S Alcario Dr, Odessa, TX 79766

    2.7-acre lot featuring a 20x20 insulated shop that has never been used, plus a small shed located on the corner of the property. No known restrictions—endless possibilities to build, expand, or invest.

    Alejandro Rodriguez Heritage Real Estate

    TBD S Alcario Dr, Odessa, TX 79766
  • 2603 Cambridge St, Odessa, TX 79761
    2603 Cambridge St, Odessa, TX 79761
    2603 Cambridge St, Odessa, TX 79761
    /21

    $220,000

    $10K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,728 Sq Ft

    2603 Cambridge St, Odessa, TX 79761

    Spacious 3-bedroom, 3-bath home offering 1,728 sq ft with 3 separate living areas-perfect for growing households, entertaining, or a home office setup. Enjoy a large backyard with a storage building, ideal for extra space and outdoor gatherings. Ideally located close to shopping and restaurants, this home combines comfort, space, and location. Don't miss out! Short Sale! As Is! Call your Realtor

    Michelle Ortega All City Real Estate Ltd. Co.

    2603 Cambridge St, Odessa, TX 79761
  • TBD S Jasper, Odessa, TX 79766
    TBD S Jasper, Odessa, TX 79766
    /2

    $60,000

    • Land
    • 1 Acre
    • $60,000 per Acre

    TBD S Jasper, Odessa, TX 79766

    1-acre lot with no known restrictions—endless possibilities to build, invest, or develop. Additional lots available on-site for those looking to expand acreage.

    Alejandro Rodriguez Heritage Real Estate

    TBD S Jasper, Odessa, TX 79766
Texas Ector County Odessa

Short Sale Homes for Sale in Odessa, TX

Home Prices in Odessa, TX

The median home sale price in Odessa, TX is $235,000, up 3% year-over-year. Homes in Odessa sell in 48 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$240,100
Median Townhouse Sale Price
$205,000
Median 2 Bedroom Sale Price
$172,000
Median 1 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
196
Last 12 months Home Sales
762
Months of Supply
3.10
Median List Price
$250,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%

Popular Home Searches in Odessa, TX

With its wide streets and family-friendly neighborhoods, Odessa homebuyers often seek space, function, and value in West Texas.

How to Buy a Home How to Finance a Home How to Sell a Home

In Odessa, there are currently 8 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in Odessa, TX that offer a unique opportunity for savvy buyers.

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