Parcel 33800.01808.01000

Owners

FANNAN LEGACY II LLC

PO BOX 75000 ATTN MAIL CODE 2393
DETROIT, MI 48275-0001

Parcel Summary

Location 4536 E UNIVERSITY BLVD
ODESSA 79761
Use Code F1: Commercial Real Estate
Tax District :
Map Parcel 60
Acreage 1.3840
Block 13
Last Sale Date 01/08/2025
Last Sale Instrument 2025-00000488
Subdivision WEDGEWOOD [33800]
PROTEST DEADLINE: 05/15/2025

Preliminary Values

STANDARD 2026
Total Building Value$1,633,271
Total Land Value$217,636
Total Property Value$1,850,907
Special Use Appraisal$0
Cap Loss$0
Net Assessed Value$1,850,907

Value History

2025 2024 2023 2022 2021 2020 2019
Total Building Value$1,633,271$1,628,349$1,628,349$1,628,185$1,566,223$1,514,201$1,464,201
Total Land Value$217,636$217,636$217,636$335,799$335,799$335,799$335,799
Total Property Value$1,850,907$1,845,985$1,845,985$1,963,984$1,902,022$1,850,000$1,800,000
Special Use Appraisal$0$0$0$0$0$0$0
Cap Loss$0$0$0$0$0$0$0
Net Assessed Value$1,850,907$1,845,985$1,845,985$1,963,984$1,902,022$1,850,000$1,800,000

*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, BRICK

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
41RMM017552$1,653,20819762006100.00%10.00%90.00%$1,487,887

Structural Elements

TypeDescriptionCodeDetails
EWExterior WallsBVBRICK/STONE/STUCCO VENEER
FNFoundationSLCONCRETE SLAB
RCRoofingCSCOMP SHINGLES
IFFlooringSTDCARPET/TILE/WOOD/CONCRETE STAIN
FGHVACHVACCENTRAL AIR AND HEAT IN THE MAIN IMPROVEMENT

Sub Areas

TypeGross AreaPercent of BaseAdjusted Area
RE_MAIN7,552100%7,552

Building # 1, Section # 2, CN6M - CANOPY

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
CN6M600$14,61619762006100.00%10.00%90.00%$13,154

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED

Sub Areas

TypeGross AreaPercent of BaseAdjusted Area
CN6M600100%600

Building # 1, Section # 3, D42M - DET GARAGE, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
D42MM02140$4,71719762006100.00%10.00%90.00%$4,245

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED

Sub Areas

TypeGross AreaPercent of BaseAdjusted Area
D42M140100%140

Extra Features

*RCNLD: Replacement Cost New, Less Depreciation

CodeDescriptionLengthWidthUnitsUnit PriceAYBRepl Cost% Good ConditionDpr Value*Final Value
ASPMASPHALT52591.00$2.701976$142,20690%$127,985$127,985

Land Lines

CodeDescriptionZoneFrontDepthUnitsUnit TypeRateAcreageTotal AdjValue
COMMCOMMERCIALEE3.00.0060,287.04SF$3.611.381.00$217,636

Personal Property

AccountOwnerDescription
99200.04329.00000RED LOBSTER RESTAURANTS, INCB - BUSINESS

Notice of Value

2025
2024
2023

Jurisdiction Values & Tax Rates

(The total appraised value change since 2020 is 0.05%)
Jurisdiction202420232022202120202019
CITY OF ODESSA
Tax Value
Tax Rate
Tax
% Change
$1,845,985
.004663
$8,607.37
-3.62%
$1,845,985
.004838
$8,930.71
-6.01%
$1,963,984
.004838
$9,501.58
4.70%
$1,902,022
.004771
$9,074.83
2.81%
$1,850,000
.004771
$8,826.63
2.89%
$1,800,000
.004766
$8,578.82
43.16%
ECTOR COUNTY
Tax Value
Tax Rate
Tax
% Change
$1,845,985
.003500
$6,460.95
0.00%
$1,845,985
.003500
$6,460.95
-6.01%
$1,963,984
.003500
$6,873.94
-0.99%
$1,902,022
.003650
$6,942.38
2.81%
$1,850,000
.003650
$6,752.50
2.78%
$1,800,000
.003650
$6,570.00
31.62%
ECTOR COUNTY I S D
Tax Value
Tax Rate
Tax
% Change
$1,845,985
.010140
$18,718.29
0.00%
$1,845,985
.010140
$18,718.29
-19.09%
$1,963,984
.011779
$23,134.16
3.26%
$1,902,022
.011779
$22,404.30
2.81%
$1,850,000
.011779
$21,791.52
2.78%
$1,800,000
.011779
$21,202.56
31.79%
ECTOR CO HOSPITAL DIST
Tax Value
Tax Rate
Tax
% Change
$1,845,985
.001004
$1,852.87
13.12%
$1,845,985
.000887
$1,637.92
-24.14%
$1,963,984
.001099
$2,159.22
-24.32%
$1,902,022
.001500
$2,853.03
2.81%
$1,850,000
.001500
$2,775.00
36.77%
$1,800,000
.001127
$2,028.96
43.16%
ODESSA COLLEGE
Tax Value
Tax Rate
Tax
% Change
$1,845,985
.001769
$3,265.31
3.04%
$1,845,985
.001717
$3,168.93
-14.47%
$1,963,984
.001886
$3,704.92
-3.44%
$1,902,022
.002017
$3,836.82
9.75%
$1,850,000
.001890
$3,495.85
3.97%
$1,800,000
.001868
$3,362.22
33.93%
TOTAL CALCULATED TAX AMOUNT$38,904.79$38,916.80$45,373.82$45,111.36$43,641.50$41,742.56

Tax Collection for this Parcel

Disclaimer

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