About This Home

This 0-bedroom, 0-bathroom commercial at 2405 Kermit Hwy in Odessa, TX is listed for $1,150,000 ($176 per sqft). Built in 1952, the home offers 6,522 sqft of living space on a 0.39 acres lot.

Key Features

  • Built in 1952
  • 0.39 acre lot

Property Details

1952
Listing Description

Fully furnished 14-unit apartment complex in Odessa, TX delivering strong, consistent cash flow. This turnkey investment is strategically positioned in a high-demand rental market fueled by energy sector activity and corporate housing needs. Each unit is tastefully furnished and move-in ready, allowing for immediate income generation with minimal upfront capital improvements. Designed to attract oilfield professionals, contractors, and corporate tenants seeking convenience and quality.

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

2405 Kermit Hwy

Odessa, TX 79761

Highland Park

Property Details

Construction

Concrete Block

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2405 Kermit Hwy is listed at $1,150,000 ($176/sqft). The estimated monthly payment is $6,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.39 acre lot.

This property is listed by Armando Castillo.

AC

Armando Castillo

Agent at Midessa Real Estate

Listed by Midessa Real Estate · Broker phone: 4322791314 · View on Broker Site

MLS# 167665· Source: Odessa Board of Realtors· 8 days on PropertySimple

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2405 Kermit Hwy, Odessa, TX 79761

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