Parcel 04050.00210.00000
Owners
PATEL KETAN D & NIMISHA K
DBA ECONOMY INN
DBA ECONOMY INN
1701 W 2ND ST
ODESSA, TX 79763-4324
Parcel Summary
| Location | 1701 W 2ND ST ODESSA |
|---|---|
| Use Code | F5: Hotel / Motel |
| Tax District | 007: COU ODE ECISD ECHD OC |
| Map Parcel | 01 |
| Acreage | .6624 |
| Block | 7 |
| Last Sale Date | 08/29/2001 |
| Subdivision | BRODERICK-CALVERT [04050] |
Legal Description
BRODERICK-CALVERTBLOCK 7
LOTS 1-3 LESS 1148 SQ FT
ECONOMY INN
Preliminary Values
| DIRECT_CAP | 2025 |
|---|---|
| Total Building Value | $554,423 |
| Total Land Value | $24,524 |
| Total Property Value | $578,947 |
| Special Use Appraisal | $0 |
| Cap Loss | $344,947 |
| Net Assessed Value | $234,000 |
Value History
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Total Building Value | $170,476 | $80,715 | $97,242 | $97,242 | $192,891 | $108,043 |
| Total Land Value | $24,524 | $24,524 | $24,524 | $24,524 | $24,524 | $24,524 |
| Total Property Value | $195,000 | $105,239 | $121,766 | $121,766 | $217,415 | $132,567 |
| Special Use Appraisal | $0 | $0 | $0 | $0 | $0 | $0 |
| Cap Loss | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Assessed Value | $195,000 | $105,239 | $121,766 | $121,766 | $217,415 | $132,567 |
*Please contact your Appraisal District for more information on the valuation method used to arrive at your appraised value.
Buildings
Building # 1, Section # 1, REAL ESTATE - MAIN, FRAME
Building # 1, Section # 2, 44MM - MOTEL, FRAME
Building # 1, Section # 3, 44MM - MOTEL, FRAME
Building # 1, Section # 4, O44M - OFFICE, FRAME
Building # 1, Section # 5, S10M - STORAGE
| Type | Model | Heated Sq Ft | Repl Cost New | YrBlt | WAY | Other % Dpr | Normal % Dpr | % Cond | Value |
|---|---|---|---|---|---|---|---|---|---|
| S10M | 186 | $1,256 | 1984 | 1984 | 100.00% | 45.00% | 55.00% | $691 |
Structural Elements
| Type | Description | Code | Details |
|---|---|---|---|
| EW | Exterior Walls | UNASSIGNED |
Building # 1, Section # 6, FR2V - COVER, FRAME
Extra Features
None
Land Lines
Personal Property
None
Notice of Value
20232024
2025
Jurisdiction Values & Tax Rates
| Jurisdiction | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| CITY OF ODESSA | $195,000 .004663 $909.24 0.00% | $105,239 .004838 $509.14 0.00% | $121,766 .004838 $589.09 0.00% | $121,766 .004771 $580.96 0.00% | $217,415 .004771 $1,037.32 0.00% | $132,567 .004766 $631.82 0.00% |
| ECTOR COUNTY | $195,000 .003500 $682.50 0.00% | $105,239 .003500 $368.34 0.00% | $121,766 .003500 $426.18 0.00% | $121,766 .003650 $444.45 0.00% | $217,415 .003650 $793.56 0.00% | $132,567 .003650 $483.87 0.00% |
| ECTOR COUNTY I S D | $195,000 .010140 $1,977.30 0.00% | $105,239 .010140 $1,067.12 0.00% | $121,766 .011779 $1,434.31 0.00% | $121,766 .011779 $1,434.31 0.00% | $217,415 .011779 $2,560.97 0.00% | $132,567 .011779 $1,561.53 0.00% |
| ECTOR CO HOSPITAL DIST | $195,000 .001004 $195.73 0.00% | $105,239 .000887 $93.38 0.00% | $121,766 .001099 $133.87 0.00% | $121,766 .001500 $182.65 0.00% | $217,415 .001500 $326.12 0.00% | $132,567 .001127 $149.43 0.00% |
| ODESSA COLLEGE | $195,000 .001769 $344.93 0.00% | $105,239 .001717 $180.66 0.00% | $121,766 .001886 $229.70 0.00% | $121,766 .002017 $245.63 0.00% | $217,415 .001890 $410.84 0.00% | $132,567 .001868 $247.62 0.00% |
| TOTAL CALCULATED TAX AMOUNT | $4,109.70 | $2,218.64 | $2,813.15 | $2,888.00 | $5,128.81 | $3,074.27 |
Tax Collection for this Parcel
Disclaimer
The preliminary values listed above are a work in progress and are not certified as official.