Odessa Homes under $500,000

Welcome to Odessa, Texas – a vibrant city nestled in the heart of Ector County, where the spirit of the West meets modern living! Known for its rich history and friendly community, Odessa offers a unique blend of small-town charm and urban convenience, making it an ideal place to call home.

Odessa is renowned for its thriving oil industry, which has fueled economic growth and attracted a diverse population. With a plethora of recreational parks, cultural attractions, and a lively arts scene, there's always something to explore. Families and individuals alike will appreciate the city's commitment to education, with top-rated schools and local colleges that offer a range of opportunities for growth and development.

For those seeking affordable housing options, Odessa boasts an impressive selection of homes under $500,000. Whether you’re a first-time buyer, looking to downsize, or searching for a family-friendly abode, you’ll find a variety of charming properties that fit your budget. From cozy single-family homes with spacious yards to modern townhouses in vibrant neighborhoods, there’s truly something for everyone.

Imagine enjoying sunny Texas afternoons in your new backyard or taking a leisurely stroll through one of Odessa's many parks. With a cost of living that’s lower than the national average, your dream home is well within reach here in Odessa.

Come discover the warmth and opportunity that await you in Odessa, Texas – where your perfect home and an enriching lifestyle are just around the corner!

Newest Odessa Homes under $500,000

$220,000

3 Beds ⋅ 2 Baths ⋅ 21403226 MLS

Listed at $220,000—$19,000 below its independent appraised value of $239,000! This inviting 3-bedroom, 2-bath home offers just under 1,300 square feet with distinctive details and versatile spaces. The bright living area features a brick fireplace and vaulted ceiling, flowing into a well-appointed kitchen with rich wood cabinetry, granite countertops, tile backsplash, double ovens and a breakfast bar. A window-filled dining area provides a welcoming place to gather. One bedroom includes a Murphy bed, offering flexibility for guests or a home office. Both bathrooms feature tiled showers and stylish vanities, while tile flooring throughout offers easy maintenance. Flat-screen TVs remain with the home. Outdoors, enjoy a covered patio, fenced backyard and workshop for hobbies, projects or storage. An attached two-car garage, additional carport and mature shade trees complete this appealing property.

1532 Alameda Ave, Odessa

$249,900

3 Beds ⋅ 2 Baths ⋅ 21404908 MLS

Charming 3-bedroom 1.5 bath home with eat in galley style kitchen, spacious layout with additional flex space to use as you wish, covered patio and fenced back yard. Freshly painted and new flooring! Ready for all buyers!

615 E 55th St, Odessa

$275,000

4 Beds ⋅ 3 Baths ⋅ 21401971 MLS

Looking for room to spread out? This property offers an approximately 2,436 sq ft home on 1.28 acres, with both city water and a private well. The home has generous living space, multiple bedrooms, and a large kitchen. The interior is ready for someone to make it their own.

4929 W Baldwin St, Odessa

$426,000

3 Beds ⋅ 3 Baths ⋅ 21307535 MLS

Open Concept, 3740 Blossom Lane Odessa Texas 79762. 3 Bedroom, 2.5 Bathrooms, 2 Car Garage. Large Living Room, Large Family Room, Sun Room. Recently updated HVAC and Hot Water Heater, All Tile Floors. Granite Counter Tops. Close to Schools, Shopping and Restaurants. Large Landscaped Front and Back Yards with Water Fountain..Water Well and Sprinkler System.

3740 Blossom Ln, Odessa

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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