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About this home
16315 McGlamery Rd is a home Odessa. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Horse Enthusiast! 5,000sf barn with Brand New Well, 8 paddocks, 2 offices, 3 tack rooms, feed room, storage, 2 bathrooms, laundry room, 10 huge horse stalls, with excellent rental income per month. Newer warehouse, the arena is new, new concrete in barn, new black vinyl fence around the property. Irrigation throughout the property. Property has a well, 1,100 gallon septic system, updated electric, no Flooding issues. Low taxes with the greenbelt, must keep at least 1 horse to qualify. McGlamery is a dead end road, so only one way in & out, quiet & private. RV's there's a hook up for power & septic. Developers! 5 Acres in Odessa with potential to own 7.5 Acres for Development. Next door, Builder Taylor Morrison is building a gated community called Victoria Lakes of 137 homes priced $1M to $2M. Many nearby new custom homes are under construction by quality well known builders. Beautiful location just minutes to Veterans Expressway, shopping, & schools.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,300,000
Time on market
566 days
Monthly payment
About $7,596/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,986 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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