Parcel 34940.00016.01200
Owners
WEST TEXAS STATE BANK
PO BOX 5060 STE 205
LUBBOCK, TX 79408-5060
Agent
00160 ALPHA TAX SOLUTIONSParcel Summary
| Location | 1501 W UNIVERSITY BLVD ODESSA |
|---|---|
| Use Code | F1: Commercial Real Estate |
| Tax District | 007: COU ODE ECISD ECHD OC |
| Map Parcel | 40 |
| Acreage | 2.8080 |
| Block | 1 |
| Subdivision | WESTGATE PLAZA [34940] |
Legal Description
WESTGATE PLAZABLOCK 1
LOTS 3 & 4 & 8
Preliminary Values
| STANDARD | 2025 |
|---|---|
| Total Building Value | $654,861 |
| Total Land Value | $417,098 |
| Total Property Value | $1,071,959 |
| Special Use Appraisal | $0 |
| Cap Loss | $0 |
| Net Assessed Value | $1,071,959 |
Value History
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Total Building Value | $702,405 | $702,405 | $665,604 | $643,029 | $643,029 | $752,764 |
| Total Land Value | $417,053 | $417,053 | $260,209 | $260,209 | $260,209 | $260,209 |
| Total Property Value | $1,119,458 | $1,119,458 | $925,813 | $903,238 | $903,238 | $1,012,973 |
| Special Use Appraisal | $0 | $0 | $0 | $0 | $0 | $0 |
| Cap Loss | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Assessed Value | $1,119,458 | $1,119,458 | $925,813 | $903,238 | $903,238 | $1,012,973 |
*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, BRICK VENEER
Building # 1, Section # 2, CN1M - CANOPY
| Type | Model | Heated Sq Ft | Repl Cost New | YrBlt | WAY | Other % Dpr | Normal % Dpr | % Cond | Value |
|---|---|---|---|---|---|---|---|---|---|
| CN1M | 2116 | $82,736 | 1984 | 1984 | 100.00% | 35.00% | 65.00% | $53,778 |
Structural Elements
| Type | Description | Code | Details |
|---|---|---|---|
| EW | Exterior Walls | UNASSIGNED |
Building # 1, Section # 3, CN1M - CANOPY
| Type | Model | Heated Sq Ft | Repl Cost New | YrBlt | WAY | Other % Dpr | Normal % Dpr | % Cond | Value |
|---|---|---|---|---|---|---|---|---|---|
| CN1M | 528 | $20,645 | 1984 | 1984 | 100.00% | 35.00% | 65.00% | $13,419 |
Structural Elements
| Type | Description | Code | Details |
|---|---|---|---|
| EW | Exterior Walls | UNASSIGNED |
Building # 1, Section # 4, CN5M - CANOPY
| Type | Model | Heated Sq Ft | Repl Cost New | YrBlt | WAY | Other % Dpr | Normal % Dpr | % Cond | Value |
|---|---|---|---|---|---|---|---|---|---|
| CN5M | 280 | $8,397 | 1984 | 1984 | 100.00% | 35.00% | 65.00% | $5,458 |
Structural Elements
| Type | Description | Code | Details |
|---|---|---|---|
| EW | Exterior Walls | UNASSIGNED |
Building # 1, Section # 5, B43M - BANK, FRAME
Extra Features
| Code | Description | Length | Width | Units | Unit Price | AYB | Repl Cost | % Good Condition | Dpr Value* | Final Value |
|---|---|---|---|---|---|---|---|---|---|---|
| ASPM | ASPHALT | 46600.00 | $3 | 1980 | $121,160 | 65% | $78,754 | $78,754 |
Land Lines
Personal Property
| Account | Owner | Description |
|---|---|---|
| 99200.45708.00000 | CITY BANK LUBBOCK | B - BUSINESS |
Notice of Value
20232024
2025
Jurisdiction Values & Tax Rates
| Jurisdiction | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| CITY OF ODESSA | $1,119,458 .004663 $5,219.75 0.00% | $1,119,458 .004838 $5,415.84 0.00% | $925,813 .004838 $4,479.00 0.00% | $903,238 .004771 $4,309.48 0.00% | $903,239 .004771 $4,309.49 0.00% | $1,012,972 .004766 $4,827.83 0.00% |
| ECTOR COUNTY | $1,119,458 .003500 $3,918.10 0.00% | $1,119,458 .003500 $3,918.10 0.00% | $925,813 .003500 $3,240.35 0.00% | $903,238 .003650 $3,296.82 0.00% | $903,239 .003650 $3,296.82 0.00% | $1,012,972 .003650 $3,697.35 0.00% |
| ECTOR COUNTY I S D | $1,119,458 .010140 $11,351.30 0.00% | $1,119,458 .010140 $11,351.30 0.00% | $925,813 .011779 $10,905.34 0.00% | $903,238 .011779 $10,639.42 0.00% | $903,239 .011779 $10,639.43 0.00% | $1,012,972 .011779 $11,932.00 0.00% |
| ECTOR CO HOSPITAL DIST | $1,119,458 .001004 $1,123.63 0.00% | $1,119,458 .000887 $993.28 0.00% | $925,813 .001099 $1,017.85 0.00% | $903,238 .001500 $1,354.86 0.00% | $903,239 .001500 $1,354.86 0.00% | $1,012,972 .001127 $1,141.82 0.00% |
| ODESSA COLLEGE | $1,119,458 .001769 $1,980.18 0.00% | $1,119,458 .001717 $1,921.73 0.00% | $925,813 .001886 $1,746.48 0.00% | $903,238 .002017 $1,822.04 0.00% | $903,239 .001890 $1,706.81 0.00% | $1,012,972 .001868 $1,892.13 0.00% |
| TOTAL CALCULATED TAX AMOUNT | $23,592.96 | $23,600.25 | $21,389.02 | $21,422.62 | $21,307.41 | $23,491.13 |
Tax Collection for this Parcel
Disclaimer
The preliminary values listed above are a work in progress and are not certified as official.