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Odessa Real Estate For Sale In TX
Located in the vast West Texas desert is the oil town of Odessa, TX. If you’re a young adult looking for an affordable place to live, the real estate in Odessa, TX, might be a perfect fit. Keep scrolling to see if any of these homes for sale in Texas suits your wants and needs.
Odessa, TX, Real Estate Market
The Odessa, TX, real estate market is one of the most affordable markets in Texas with a median home price generally around $250K. Homes for sale in Odessa are listed for about a month and a half before they go pending and often sell for about 2-3% below the list price.
The vast majority of real estate in Odessa is made up of single-family homes, though you’ll find a condo or two sprinkled around town. There are some newer townhomes in the Parks Legado neighborhood, too. The real estate in Odessa has been steadily increasing since the 1940s. Nearly half of the homes for sale in Odessa real estate are three-bedroom homes, though two and four-bedroom homes are common too.
There are several options for Odessa real estate on the market right now. To help you narrow down your choices, be sure to get connected with a local Odessa, TX, real estate agent.
Odessa, TX, Real Estate Sampler
Parks Legado
Located on the east side of Odessa, the Parks Legado neighborhood is ideal for those who want to live near the University of Texas Permian Basin. Whether you're in the market for a rental property, purchasing a starter home, or looking to plant some roots and stay a while, Parks Legado has it all. Odessa, TX, real estate in this neighborhood has a median list price of $380K, though prices range from about $60K to $4.2M for single-family homes.
Greenfield Acres / North Gate
Situated northwest of the airport, these homes are great for families who need a little extra room for kids to run and play as the lots tend to be larger (around an acre). Odessa real estate in this area is newer and has a brick and stone exterior. It’s also common to find new construction homes for sale in Odessa here in the Greenfield Acres / NorthGate area. Odessa real estate in this neighborhood is generally in the $400K to $600K price range.
Comanche Trail Park
Easily one of the oldest and most-affordable parts of Odessa, the Comanche Trail Park neighborhood is sandwiched between I-20 and business I-20, also making it an ideal neighborhood for commuting. If you’re looking for a fixer-upper or appreciate timeless home styles, Comanche Trail Park might be your best bet for finding your slice of real estate in Odessa. Homes in Comanche Trail Park start well below $100K and top out in the low $200Ks.
Distance to Other Cities From Odessa, Texas
- 74 miles from Pecos, TX
- 21 miles from Midland, TX
- 171 miles from Abilene, TX
- 139 miles from Lubbock, TX
- 133 miles from San Angelo, TX
- 284 miles from El Paso, TX
Schools in Odessa, TX
The real estate in Odessa is served by two separate districts: Ector County Independent School District (ECISD), which operates most of the schools in Odessa, and Midland Independent School District operates the rest of the schools in the city. The high schools in Odessa are all within ECISD and include:
- New Tech Odessa High School
- Falcon Early College High School
- Odessa Career and Early Technical College High School
- Odessa High School
- Permian High School
There are two universities and a couple of community colleges here so residents living in Odessa real estate can stick close to home while continuing their education. These schools include:
- The University of Texas Permian Basin
- Texas Tech University Health Sciences Center
- Odessa College
- Midland College
Frequently Asked Questions About Odessa, TX, Real Estate
What’s the zip code for real estate in Odessa, Texas?
The real estate in Odessa, TX, falls within these zip codes:
Where is the nearest commercial airport to Odessa, Texas?
The Midland International Air & Space Port is 12 miles or about 15 minutes from Odessa, TX.
What county is Odessa, TX, in?
Odessa is located in Ector County and is also the county seat.
What are winters like in Odessa, Texas?
Winters in Odessa, Texas, are typically dry, calm, and chilly. The average low temperature in Odessa hovers around 35°F in December and January, with many days dropping below freezing. It rarely snows in Odessa, TX, with real estate receiving about half an inch of snowfall yearly.
What are the best neighborhoods or places to live in Odessa, Texas?
- Best for families: Greenfield Acres / North Gate
- Best for fixer-uppers: Comanche Trail Park
- Best for rental properties: Parks Legado
How far is Odessa, TX, from Dallas, Texas?
Odessa, TX, is 354 miles or about a five-hour drive from Dallas, TX.
What is Odessa, TX, famous or known for?
When most Texans think of Odessa, they think of a town in the desert, surrounded by miles of oil fields. Odessa, TX, is also the setting in the book and movie Friday Night Lights, showing the impact of high school football in small-town Texas.
Is Odessa, TX, a good place to live?
If you're considering buying a piece of real estate in Odessa, TX, you'll be happy to know the housing options are great and the nightlife is happening. Niche.com also ranks Odessa, TX, as having one of the cities with the lowest living costs in America, one of the most diverse cities, and one of the best cities for young professionals!
Things to Do in Odessa, TX
Attractions in Odessa, Texas
- Cinergy Entertainment - A popular hotspot in Odessa, TX, where people come to be entertained by the latest movies, play arcade games, and eat some delicious food!
- Rink ‘N Roller - Located at the Music City Mall, this roller skating rink is one of the largest in Texas and is open seven days a week and provides space for parties and hosts events throughout the year!
- Ellen Noël Art Museum - This funky and futuristic-looking museum in the Permian Basin is a fine arts museum that showcases artwork through rotating exhibits and hosts several camps and classes throughout the year.
Parks in Odessa, Texas
- Floyd Gwin Park - Located on the west side of Odessa, this newly-renovated 45+ acre park is easily a local favorite in this town for all the things there is to do here. Residents can walk on a fully-lit walking trail, explore the massive playground, play basketball, tennis, pickleball, and volleyball on the courts, play a game of baseball on the fields, and so much more!
- McKinney Park Sprayground - This huge splash pad is a FREE summertime hotspot for people to come cool off from the Texas heat. It’s great if you need to get the kids outside to burn some energy but can stay cool while doing so.
- Sherwood Park - One of Odessa’s most-popular parks for its outdoor aquatics center, bike and skate park area, playground, and baseball field.
Golf Courses in Odessa, Texas
- Sunset Golf and Country Club - Located on the north side of Odessa, this club has been serving the community for decades! There are two courses: a nine-hole and an 18-hole course. There’s also a pro shop to load up on all your golfing goodies and a restaurant to get a bite to eat after playing a round of golf.
- Ratliff Ranch Golf Links - Also situated on the north side of Odessa, this Scottish-style links course spans across 125 acres of slightly rolling hills and is fit for anyone at all skill levels. Golfers also have access to a pro shop and a bar & grill.
- Odessa Country Club - This members-only club caters to the whole family with two different golf courses, pools, tennis courts, a fitness facility, and several dining options.
Living in Odessa, TX
Cost of Living in Odessa, Texas
The overall cost of living in Odessa, TX, real estate is relatively more affordable by both the state (10% less) and country (15.8% less). If you buy a piece of real estate in Odessa, TX, you can expect to pay more for healthcare, about the same for groceries and utilities, and significantly less for housing and transportation than the rest of Texas. The median household income in Odessa, TX, is about $63K.
Weather in Odessa, Texas
Like most of West Texas, Odessa real estate is located in a semiarid climate. Summers are typically sunny and hot. Odessa's rainy season is during the Spring and Summer, but the air is generally dry as summer continues. Winters are mild to moderate and dry. The average high temperature reaches 94°F in June, though multiple 100°F days are expected. The average low-temperature dips to 34°F in January, though it's common to experience freezing weather. Odessa real estate receives about 13 inches of precipitation yearly.
Healthcare in Odessa, Texas
There are several medical facilities peppering Odessa real estate. The major hospitals are centrally located near the Odessa city center.
- Odessa Regional Medical Center - Offers a labor and delivery unity with a level III NICU.
- Medical Center Hospital - Has a Center for Women and Infants.
Job Market in Odessa, TX
Odessa's economy has focused on the oil industry for many years. Over the last several years, the city has worked to diversify its economy while still making energy its main focus. To date, Odessa is still centered around oil, with some of the city's top employers being oil companies; however, like most cities, you'll also see several government, education, and healthcare jobs. Odessa's largest employers are:
- Ector County Independent School District
- Medical Center Hospital
- Halliburton
- NexTier (Keane Group)
- City and County Governments
- Saulsbury Companies
- Odessa Regional Medical Center
- H-E-B (Grocery Stores)
Transportation in Odessa, TX
Odessa is a car-centric city with several roadways making traveling in and around the city convenient. Some of these roads include:
- I-20 - Runs east and west and borders the south side of Odessa.
- I-20 BL - Runs parallel just north of I-20.
- HWY 385 - Runs north and south through Odessa.
- SHH 191 - Runs parallel to the east of HWY 385.
- Loop 388 - This creates a complete loop surrounding Odessa.