For sale

Price cut: $5K (4/19)

$255,000

5503 Lancaster Dr, Odessa, TX 79762

4beds

1,324sqft

Est.:

Single Family Residence

Built in 1957

6,534 Square Feet Lot

$255,300 Zestimate^®

$193/sqft

$-- HOA

What's special

Modern lightingEnclosed garageHardwood floors throughoutStucco exteriorWalk-in closetPrimary suiteGrand pantry

Beautifully remodeled home with stucco exterior and hardwood floors throughout. Updated kitchen and baths, grand pantry, and modern lighting. Primary suite features a walk-in closet and spa-like bath with built-in speakers. Enclosed garage offers flexibility for a bonus room or can be converted back. Enjoy a private backyard with new fence, turf, patio, and pergola (conveys). Storage building with electricity included.

11 days

575

61

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room, Bonus Room

Primary bathroom

Features: None

Dining room

Features: Kitchen

Heating

Central, Gas

Cooling

Central Air, Electric

Appliances

Included: Gas Range, Microwave, Gas Water Heater
Laundry: Inside Utility Room

Features

Pantry
Flooring: Vinyl, Tile, Hardwood
Windows: Shades/Blinds
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,324
Total interior livable area: 1,324 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Parking Pad

Features

Patio & porch: Patio

Lot

Size: 6,534 Square Feet
Features: Alley Access, Low Maintenance

Details

Additional structures: Storage
Parcel number: 28600.08888.00000
Other equipment: Speakers (permanent)

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Pre-Owned
Year built: 1957

Details

Warranty included: Yes

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Ceiling Fan(s)

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Sherwood 01-72

HOA

Has HOA: No

Location

Region: Odessa

Financial & listing details

Price per square foot: $193/sqft
Tax assessed value: $195,234
Annual tax amount: $2,093
Date on market: 4/12/2026
Listing terms: Cash,FHA,VA Loan,Conventional
Road surface type: Paved

Estimated market value

$255,300

$243,000 - $268,000

$1,916/mo

Price history

Date	Event	Price
4/19/2026	Price change	$255,000-1.9%$193/sqft
Source: Petroplex AOR #173843 Report a problem
4/12/2026	Listed for sale	$260,000+35.1%$196/sqft
Source: Petroplex AOR #173843 Report a problem
2/14/2023	Listing removed	--
Source: Petroplex AOR #138176 Report a problem
1/26/2023	Listed for sale	$192,500+45.3%$145/sqft
Source: Petroplex AOR #138176 Report a problem
7/10/2018	Sold	--
Source: Agent Provided Report a problem
6/4/2018	Listed for sale	$132,500$100/sqft
Source: Odessa Board of REALTORS #109067 Report a problem
10/12/2006	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,094 -45.8%	$195,234 +6.5%
2024	$3,864 +10.8%	$183,359 +10.8%
2023	$3,489 -2.7%	$165,500 +6.7%
2022	$3,584 +1.5%	$155,146 +4.2%
2021	$3,531	$148,871 +5.8%
2020	--	$140,671 +7.3%
2019	$2,996 +4.7%	$131,119 +7.9%
2018	$2,861 +523.6%	$121,498 0%
2017	$459	$121,539 +4.3%
2016	$459	$116,530
2015	$459	--
2014	$459	$83,616
2013	--	--
2012	$459 +9.2%	--
2011	$420 +18.6%	$66,228 +10%
2010	$354 +15.7%	$60,207 +10%
2009	$306	$54,734 +10%
2008	--	$49,758 +10%
2007	--	$45,235 +10%
2006	--	$41,123 +10%
2005	--	$37,385 +10%
2004	--	$33,987 +3.1%
2003	--	$32,951 0%
2002	--	$32,952 +2.3%
2001	--	$32,211
2000	--	$32,211