Parcel 27750.03460.00000
Owners
NIKHIL INVESTMENTS LLC
1831 E 2ND ST
ODESSA, TX 79761-5309
Parcel Summary
| Location | 1831 E 2ND ST ODESSA |
|---|---|
| Use Code | F5: Hotel / Motel |
| Tax District | 007: COU ODE ECISD ECHD OC |
| Map Parcel | 01 |
| Acreage | .6908 |
| Block | 12 |
| Last Sale Date | 09/15/2015 |
| Last Sale Instrument | 2015-00013955 |
| Subdivision | ROYALTY HEIGHTS [27750] |
Legal Description
ROYALTY HEIGHTSBLOCK 12
LOT ABC-10 & .215 ACRE TRT IN S PART OFLOTS ABC-3
MOTEL 6
Preliminary Values
| DIRECT_CAP | 2025 |
|---|---|
| Total Building Value | $1,720,962 |
| Total Land Value | $89,671 |
| Total Property Value | $1,810,633 |
| Special Use Appraisal | $0 |
| Cap Loss | $910,633 |
| Net Assessed Value | $900,000 |
Value History
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Total Building Value | $660,320 | $1,120,320 | $1,147,023 | $1,893,900 | $2,572,015 | $906,023 |
| Total Land Value | $89,680 | $89,680 | $32,977 | $32,977 | $32,977 | $32,977 |
| Total Property Value | $750,000 | $1,210,000 | $1,180,000 | $1,926,877 | $2,604,992 | $939,000 |
| Special Use Appraisal | $0 | $0 | $0 | $0 | $0 | $0 |
| Cap Loss | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Assessed Value | $750,000 | $1,210,000 | $1,180,000 | $1,926,877 | $2,604,992 | $939,000 |
*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, CN1M - CANOPY
| Type | Model | Heated Sq Ft | Repl Cost New | YrBlt | WAY | Other % Dpr | Normal % Dpr | % Cond | Value |
|---|---|---|---|---|---|---|---|---|---|
| CN1M | 2072 | $81,015 | 1960 | 1990 | 100.00% | 25.00% | 75.00% | $60,761 |
Structural Elements
| Type | Description | Code | Details |
|---|---|---|---|
| EW | Exterior Walls | UNASSIGNED |
Building # 1, Section # 3, 44MM - MOTEL, FRAME
Extra Features
| Code | Description | Length | Width | Units | Unit Price | AYB | Repl Cost | % Good Condition | Dpr Value* | Final Value |
|---|---|---|---|---|---|---|---|---|---|---|
| ASPM | ASPHALT | 2000.00 | $3 | 1980 | $5,200 | 10% | $520 | $520 |
Land Lines
Personal Property
None
Notice of Value
20232024
2025
Jurisdiction Values & Tax Rates
| Jurisdiction | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| CITY OF ODESSA | $750,000 .004663 $3,497.06 0.00% | $1,210,000 .004838 $5,853.87 0.00% | $1,180,000 .004838 $5,708.73 0.00% | $1,926,877 .004771 $9,193.42 0.00% | $2,604,992 .004771 $12,428.81 0.00% | $939,000 .004766 $4,475.28 0.00% |
| ECTOR COUNTY | $750,000 .003500 $2,625.00 0.00% | $1,210,000 .003500 $4,235.00 0.00% | $1,180,000 .003500 $4,130.00 0.00% | $1,926,877 .003650 $7,033.10 0.00% | $2,604,992 .003650 $9,508.22 0.00% | $939,000 .003650 $3,427.35 0.00% |
| ECTOR COUNTY I S D | $750,000 .010140 $7,605.00 0.00% | $1,210,000 .010140 $12,269.40 0.00% | $1,180,000 .011779 $13,899.46 0.00% | $1,926,877 .011779 $22,697.07 0.00% | $2,604,992 .011779 $30,684.72 0.00% | $939,000 .011779 $11,060.67 0.00% |
| ECTOR CO HOSPITAL DIST | $750,000 .001004 $752.80 0.00% | $1,210,000 .000887 $1,073.62 0.00% | $1,180,000 .001099 $1,297.30 0.00% | $1,926,877 .001500 $2,890.32 0.00% | $2,604,992 .001500 $3,907.49 0.00% | $939,000 .001127 $1,058.44 0.00% |
| ODESSA COLLEGE | $750,000 .001769 $1,326.65 0.00% | $1,210,000 .001717 $2,077.16 0.00% | $1,180,000 .001886 $2,225.99 0.00% | $1,926,877 .002017 $3,886.95 0.00% | $2,604,992 .001890 $4,922.52 0.00% | $939,000 .001868 $1,753.96 0.00% |
| TOTAL CALCULATED TAX AMOUNT | $15,806.51 | $25,509.05 | $27,261.48 | $45,700.86 | $61,451.76 | $21,775.70 |
Tax Collection for this Parcel
Disclaimer
The preliminary values listed above are a work in progress and are not certified as official.