501 E 55th St, Odessa, TX 79762 Property Records

Ector County property record for 501 E 55th St, Odessa, TX 79762

Property Summary

Property Type	Single Family Home
Details	1,160 sqft · built 1958
Lot Size	0.161 acres (7,022 sqft)
Owner	Individual Name on Record
Last Sale	$168,589 (Nov 2024)
Tax Bill	$1,558 (2025)
Deeds & Mortgages	Nov 2024 Mortgage Feb 2020 Mortgage
Flood Zone	Zone X (moderate risk)
APN	`28600-09264-00000`

Property Details

APN / Parcel Number

Primary APN	`28600-09264-00000`
Alternative APNs	`28600-06206-04000` `R100021160` `100021160`

Interior

Stories	1 Story
Building Area	1,160 sqft Living Area

Exterior

Year Built	Built 1958
Effective Year Built	Effective 1958
Lot Area	7,022 sqft (0.161 acres)
Lot Dimensions	120 ft deep x 58 ft wide
Patio Area	270 sqft

Location & Zoning

Street Address	501 E 55TH ST
City	ODESSA
State	TX
Zip	79762-4282
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	ED1
Legal Description	SHERWOOD 01-72 BLOCK 62 LOT 40
Legal Subdivision	SHERWOOD 01-72
Legal Block	62
Legal Lot Number	40
Jurisdiction	ECTOR TX
Township / Civil Division	ODESSA
Census Block Group	2
Census Block	2006
Census Tract	500

Owner

Source: Ector County records, as of October 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	501 E 55TH ST, ODESSA, TX 79762-4282
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 22, 2024	Vendor's Lien, Transfer · FHA Mortgage WATERSTONE MORTGAGE CORP
Feb 3, 2020	Warranty Deed, Transfer · FHA Mortgage GATEWAY MTG GRP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 22, 2024 · Amount on Record
Deed Sale	Nov 22, 2024 · Amount on Record
Prior Sale	Feb 3, 2020 · Amount on Record
Deed Document Number	202421068
Prior Transfer Date	Jan 31, 2020
Prior Transfer Doc	0000002060
Record Updated	Oct 29, 2026

November 2024: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	ECTOR TX
Recording Date	Nov 22, 2024
Property Address	501 E 55TH ST, ODESSA, TX 79762-4282
Document Number	0000021068
Map Reference	VOL 5 PG 9
Instrument Date	Nov 20, 2024
Instrument	2024-00021068
Transaction Type	Transfer
Record Updated	Nov 20, 2025

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	501 E 55TH ST, ODESSA, TX 79762-4282

Mortgage

Document Number	0000021069
Date	Nov 22, 2024
Instrument	2024-00021069

Lender

Name	WATERSTONE MORTGAGE CORP
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2054

February 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ECTOR TX
Recording Date	Feb 3, 2020
Property Address	501 E 55TH ST, ODESSA, TX 79762-4282
Document Number	0000002060
Instrument Date	Jan 31, 2020
Instrument	2060
Transaction Type	Transfer
Record Updated	Mar 12, 2020
Title Company	BASIN ABSTRACT AND TITLE, BASIN ABSTRACT & TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	501 E 55TH ST ODESSA TX 797624282, ODESSA, TX 79762-4282

Mortgage

Document Number	2061
Date	Feb 3, 2020
Instrument	2061

Lender

Name	GATEWAY MTG GRP
Address	JENKS, OK 74037

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 2, 2050

Mortgage

Document Number	2062,
Date	Feb 3, 2020
Instrument	2062

Lender

Name	SOUTHEAST TX HSNG FIN
Address	11111 S SAM HOUSTON PKWY E, HOUSTON, TX 77089-3993

Agreement

Amount	Amount Recorded
Term	84 Months
Due	Feb 2, 2027

Tax Assessment & Valuation

Source: Ector County assessment roll, as of October 20, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Ector County
Municipality	Odessa City
Unified School District	Ector County Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$170,931 (+8.48%) Land $28,080 Building $142,851	$170,931 (+8.48%) Land $28,080 Building $142,851
2025	$1,558.00 (-51.08%) Homeowner's exemption	$157,565 (+2.48%) Land $28,080 Building $129,485	$157,565 (+2.48%) Land $28,080 Building $129,485
2024	$3,185.00 (-1.73%)
2023	$3,241.00 (-2.79%)	$153,748 Land $23,938 Building $129,810	$153,748 Land $23,938 Building $129,810
2022	$3,334.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective November 17, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 28 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	28 in force
Nearby Flood Claims	4 (1999–2015)
Most Recent Claim	Oct 2015 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF ODESSA serves 123,334 people · EPA ID TX0680002
Water Source	Surface water
Last State Inspection	Feb 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Feb 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 497 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Astound Broadband Cable	1,500 / 50
BSX Broadband Fixed Wireless	1,000 / 1,000
Sparklight Cable	1,000 / 50
Rural Telecommunications of America Fixed Wireless	300 / 150
Net Ops Communications Fixed Wireless	100 / 20

May also be available: Optimum, Verizon.

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