Parcel 28480.00070.00000
Owners
BHAVIKA DEVELOPMENT LP
DBA HOLIDAY INN EXPRESS
DBA HOLIDAY INN EXPRESS
6108 HOMESTEAD BLVD
MIDLAND, TX 79707-5058
Parcel Summary
| Location | 5321 JOHN BEN SHEPPERD PKWY ODESSA |
|---|---|
| Use Code | F5: Hotel / Motel |
| Tax District | 007: COU ODE ECISD ECHD OC |
| Map Parcel | 01 |
| Acreage | 2.8100 |
| Block | 1 |
| Subdivision | SEWELL [28480] |
Legal Description
SEWELLBLOCK 1
LOT 7
HOLIDAY INN EXPRESS
Preliminary Values
| DIRECT_CAP | 2025 |
|---|---|
| Total Building Value | $5,137,955 |
| Total Land Value | $681,788 |
| Total Property Value | $5,819,743 |
| Special Use Appraisal | $0 |
| Cap Loss | $0 |
| Net Assessed Value | $5,819,743 |
Value History
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Total Building Value | $3,384,279 | $2,818,212 | $1,584,689 | $2,764,682 | $6,614,691 | $8,956,922 |
| Total Land Value | $681,788 | $681,788 | $577,745 | $577,745 | $577,745 | $577,745 |
| Total Property Value | $4,066,067 | $3,500,000 | $2,162,434 | $3,342,427 | $7,192,436 | $9,534,667 |
| Special Use Appraisal | $0 | $0 | $0 | $0 | $0 | $0 |
| Cap Loss | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Assessed Value | $4,066,067 | $3,500,000 | $2,162,434 | $3,342,427 | $7,192,436 | $9,534,667 |
*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, H61M - HOTEL FULL SERVICE, FRAME
Building # 1, Section # 3, H61M - HOTEL FULL SERVICE, FRAME
Building # 1, Section # 4, CN1M - CANOPY
| Type | Model | Heated Sq Ft | Repl Cost New | YrBlt | WAY | Other % Dpr | Normal % Dpr | % Cond | Value |
|---|---|---|---|---|---|---|---|---|---|
| CN1M | 1540 | $60,214 | 2009 | 2009 | 100.00% | 10.00% | 90.00% | $54,193 |
Structural Elements
| Type | Description | Code | Details |
|---|---|---|---|
| EW | Exterior Walls | UNASSIGNED |
Building # 1, Section # 5, CN1M - CANOPY
Extra Features
| Code | Description | Length | Width | Units | Unit Price | AYB | Repl Cost | % Good Condition | Dpr Value* | Final Value |
|---|---|---|---|---|---|---|---|---|---|---|
| ASPM | ASPHALT | 100000.00 | $3 | 2009 | $260,000 | 90% | $234,000 | $234,000 |
Land Lines
Personal Property
None
Notice of Value
20232024
2025
Jurisdiction Values & Tax Rates
| Jurisdiction | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| CITY OF ODESSA | $4,066,067 .004663 $18,959.05 0.00% | $3,500,000 .004838 $16,932.69 0.00% | $2,162,434 .004838 $10,461.66 0.00% | $3,342,427 .004771 $15,947.22 0.00% | $7,192,436 .004771 $34,316.19 0.00% | $9,534,667 .004766 $45,442.32 0.00% |
| ECTOR COUNTY | $4,066,067 .003500 $14,231.23 0.00% | $3,500,000 .003500 $12,250.00 0.00% | $2,162,434 .003500 $7,568.52 0.00% | $3,342,427 .003650 $12,199.86 0.00% | $7,192,436 .003650 $26,252.39 0.00% | $9,534,667 .003650 $34,801.53 0.00% |
| ECTOR COUNTY I S D | $4,066,067 .010140 $41,229.92 0.00% | $3,500,000 .010140 $35,490.00 0.00% | $2,162,434 .011779 $25,471.74 0.00% | $3,342,427 .011779 $39,371.12 0.00% | $7,192,436 .011779 $84,721.14 0.00% | $9,534,667 .011779 $112,310.75 0.00% |
| ECTOR CO HOSPITAL DIST | $4,066,067 .001004 $4,081.23 0.00% | $3,500,000 .000887 $3,105.52 0.00% | $2,162,434 .001099 $2,377.40 0.00% | $3,342,427 .001500 $5,013.64 0.00% | $7,192,436 .001500 $10,788.65 0.00% | $9,534,667 .001127 $10,747.48 0.00% |
| ODESSA COLLEGE | $4,066,067 .001769 $7,192.34 0.00% | $3,500,000 .001717 $6,008.31 0.00% | $2,162,434 .001886 $4,079.28 0.00% | $3,342,427 .002017 $6,742.44 0.00% | $7,192,436 .001890 $13,591.19 0.00% | $9,534,667 .001868 $17,809.80 0.00% |
| TOTAL CALCULATED TAX AMOUNT | $85,693.77 | $73,786.52 | $49,958.60 | $79,274.28 | $169,669.56 | $221,111.88 |
Tax Collection for this Parcel
Disclaimer
The preliminary values listed above are a work in progress and are not certified as official.