Parcel 00150.00100.00000

Owners

FALCON REAL ESTATE HOLDINGS LLC

5501 SHERWOOD DR UNIT A202
MIDLAND, TX 79707-1695

Parcel Summary

Location 101 REED AVE
ODESSA 79761
Use Code F1: Commercial Real Estate
Tax District :
Map Parcel 60
Acreage 4.2400
Block 1
Last Sale Date 08/30/2023
Last Sale Instrument 2023-00014860
Subdivision AHERN RENTALS - REED AVE SUB
PROTEST DEADLINE: 05/15/2025

Preliminary Values

STANDARD 2026
Total Building Value$250,542
Total Land Value$118,204
Total Property Value$368,746
Special Use Appraisal$0
Cap Loss$0
Net Assessed Value$368,746

Value History

2025 2024 2023 2022 2021 2020 2019
Total Building Value$250,542$159,970$125,503$125,503$118,364$118,364$118,364
Total Land Value$118,204$118,204$118,204$118,204$94,194$94,194$94,194
Total Property Value$368,746$278,174$243,707$243,707$212,558$212,558$212,558
Special Use Appraisal$0$0$0$0$0$0$0
Cap Loss$0$0$0$0$0$0$0
Net Assessed Value$368,746$278,174$243,707$243,707$212,558$212,558$212,558

*Please contact your Appraisal District for more information on the valuation method used to arrive at your appraised value.

Buildings

Building # 1, Section # 1, METAL

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
WC2MM037020$304,45719581988100.00%30.00%70.00%$213,120

Structural Elements

TypeDescriptionCodeDetails
EWExterior WallsFRWOOD/METAL/BLOCK FRAME

Sub Areas

TypeGross AreaPercent of BaseAdjusted Area
WC2M7,020100%7,020

Building # 1, Section # 2, WA2M - WAREHOUSE, METAL

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
WA2MM032400$83,16019581958100.00%55.00%45.00%$37,422

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED

Sub Areas

TypeGross AreaPercent of BaseAdjusted Area
WA2M2,400100%2,400

Land Lines

CodeDescriptionZoneFrontDepthUnitsUnit TypeRateAcreageTotal AdjValue
COMMCOMMERCIALES2.00.00184,694.40SF$0.644.241.00$118,204

Personal Property

None

Notice of Value

2025
2024
2023

Jurisdiction Values & Tax Rates

(The total appraised value change since 2020 is 73.48%)
Jurisdiction20242023202220212020
CITY OF ODESSA
Tax Value
Tax Rate
Tax
% Change
$278,174
.004663
$1,297.06
10.01%
$243,707
.004838
$1,179.03
0.00%
$243,707
.004838
$1,179.03
16.26%
$212,558
.004771
$1,014.15
0.00%
$212,558
.004771
$1,014.15
0.11%
ECTOR COUNTY
Tax Value
Tax Rate
Tax
% Change
$278,174
.003500
$973.61
14.14%
$243,707
.003500
$852.97
0.00%
$243,707
.003500
$852.97
9.94%
$212,558
.003650
$775.84
0.00%
$212,558
.003650
$775.84
0.00%
ECTOR COUNTY I S D
Tax Value
Tax Rate
Tax
% Change
$278,174
.010140
$2,820.68
14.14%
$243,707
.010140
$2,471.19
-13.92%
$243,707
.011779
$2,870.67
14.65%
$212,558
.011779
$2,503.76
0.00%
$212,558
.011779
$2,503.76
0.00%
ECTOR CO HOSPITAL DIST
Tax Value
Tax Rate
Tax
% Change
$278,174
.001004
$279.21
29.12%
$243,707
.000887
$216.24
-19.29%
$243,707
.001099
$267.93
-15.97%
$212,558
.001500
$318.84
0.00%
$212,558
.001500
$318.84
33.07%
ODESSA COLLEGE
Tax Value
Tax Rate
Tax
% Change
$278,174
.001769
$492.05
17.61%
$243,707
.001717
$418.36
-9.00%
$243,707
.001886
$459.74
7.22%
$212,558
.002017
$428.78
6.75%
$212,558
.001890
$401.66
1.16%
TOTAL CALCULATED TAX AMOUNT$5,862.61$5,137.79$5,630.34$5,041.37$5,014.25

Tax Collection for this Parcel

Disclaimer

The preliminary values listed above are a work in progress and are not certified as official.