Odessa, TX Foreclosed Homes & Properties

Foreclosure Homes for Sale in Odessa, TX: What You Need to Know

Odessa was just a few residents shy of a population of 100,000 at the 2010 census, making it the 28th largest city in Texas. Ranked as the third-fastest expanding city in the U.S. by Forbes Magazine in 2014, there’s no doubt that Odessa is a great place to live for those seeking opportunity and high quality of life. 

Job Opportunities

Odessa’s local economy has been propelled forward primarily by the oil industry. In fact, several of the city’s most significant employers deal in oilfield supply and petrochemical processing, which employ a great deal of Odessa residents. Other large employers in the area include the education sector, local government, and the healthcare industry. 

Things to Do in Odessa

Odessa houses the Presidential Museum and Leadership Library located on the University of Texas of the Permian Basin campus, a one-of-a-kind facility that is designed to educate about and honor the office of the U.S. Presidency. The museum also features displays of presidents that governed the former Republic of Texas. The oldest structure still surviving in Odessa, the White-Pool House, was originally built in 1887 and is a hot spot for visiting history buffs. For some strange and interesting history, tourists visit the Odessa Meteor Crater, a 550-foot crater located southwest of the city center. 

Weather & Climate

Odessa boasts a whopping 256 days of sun on average each year, making it a prime spot for those who love a bright and warm climate. The region only receives around 25 days of precipitation each year, so Odessa residents don’t have to prepare for much rain or snow. However, get ready for some hot summers—the July high in Odessa can reach 95ºF.  

Schools & Higher Education

Since 1921, the Ector County Independent School District has been overseeing public education in Odessa and now features 38 elementary, middle, and high schools throughout the city. Parents can also have their pick of a variety of Christian and charter schools separate from the public system. The primary source of higher education in Odessa is the University of Texas of the Permian Basin, a high-level university that features both undergrad and grad programs.  

Cost of Living in Odessa

The cost of living for Odessa residents is lower than the Texas average as well as the country at large. Odessa residents may pay slightly more per year in healthcare costs, but they save big on transportation, housing, and groceries.