518 W 4th St, Odessa, TX 79761 – Hospital

Institutional & Special Purpose BuildingsYear Built 1995Total Assessed Value $198,705,308County Ector

Property Details

The Institutional & Special Purpose Buildings property 518 W 4th St, Odessa, TX 79761 is located in Ector County. The specific property type is Hospital. The total assessed value of this property is $198,705,308.

The gross building area is 170,241 square feet and the land area is 721,397 square feet for this Hospital built in 1995.

Legal description: Medical Center Hospital Addn, Block 1, Lot 1, Dba Medical Center Hospital

$198,705,308

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Property Image of 518 W 4th St, Odessa, TX 79761, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeHospital

Building Area170,241

Land Size721,397

Land Value$3,686,339

Improved Value$195,018,969

Total Assessed Value$198,705,308

Year Built1995

County NameEctor

Account Number189300005000000

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space30

HeatingNone

Type ConstructionOther

No of Stories1

Garage TypeDetached garage 9300

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$3,686,339	$195,018,969	$198,705,308	$198,705,308	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	18930	721,397	170,241
2024	$3,686,339	$194,962,410	$198,648,749	$198,648,749	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	18930	721,397	170,241
2023	$3,686,339	$195,171,577	$198,857,916	$198,857,916	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	18930	721,397	170,241
2022	$3,686,339	$195,328,548	$199,014,887	$199,014,887	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	MEDICAL CENTER HOSPI...	721,397	851,847
2021	$3,686,339	$187,487,952	$191,174,291	$191,174,291	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	MEDICAL CENTER HOSPI...	721,397	851,847
2020	$2,762,951	$187,426,580	$190,189,531	$190,189,531	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	-	721,397	851,847
2019	$2,762,951	$187,426,580	$190,189,531	$190,189,531	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	MEDICAL CENTER HOSPI...	721,397	851,847
2018	$2,762,951	$184,819,622	$187,582,573	$187,582,573	Ector County Hospita...	Po Box 7239	Medical Center Hospi...	18930	-	721,397	170,241

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
518 W 4th St, Odessa, TX 79761	189300005000000	Institutional & Special Purpose Buildings	Hospital	Ector County Hospital District	Ector	-	-	-	-	1995	170,241	-
2801 S Mayhill Rd, Denton, TX 76208	273323	Institutional & Special Purpose Buildings	Hospital	Bsf1 Denton Llc	Denton	323.3	$ 33,050,500	2023-12-21	$ 510.73	2004	64,712	-
3421 Joe Battle Blvd, Elpaso, TX 79938	634414	Institutional & Special Purpose Buildings	Hospital	Ignite El Paso Property Llc	El Paso	230.1	$ 15,873,550	2024-12-01	$ 298.68	2016	53,145	-
3201 University Dr E, Bryan, TX 77802	106626	Institutional & Special Purpose Buildings	Hospital	3201 Univmob Mj Llc	Brazos	370.4	$ 22,266,274	2025-07-10	$ 167.42	1999	133,000	1
5601 Warren Pkwy, Frisco, TX 75034	2632288	Institutional & Special Purpose Buildings	Hospital	Frisco 5601 Mp Rk6, Llc	Collin	336.1	$ 115,000,000	2023-09-15	$ 690.47	2001	166,554	-
101circledr, Hillsboro, TX 76645	134230	Institutional & Special Purpose Buildings	Hospital	Mpt Of Hillsboro Lp	Hill	311.3	$ 13,086,143	2025-12-29	$ 47.84	2010	273,551	-
1740 S San Dimas Ave, San Dimas, CA 91773	8396-017-028	Institutional & Special Purpose Buildings	Hospital	Paradise Lake Llc	Los Angeles	912.8	$ 12,277,000	2024-04-01	$ 136.40	1999	90,009	141
420 Main St, Hanceville, AL 35077	23-04-20-0-004-062.000	Institutional & Special Purpose Buildings	Hospital	Hanceville Nursing Home Inc	Cullman	921.9	$ 3,425,250	2022-07-29	$ 49.91	1965	68,627	-
709 Medical Center Blvd 74, Webster, TX 77598	0361730000015	Institutional & Special Purpose Buildings	Hospital	Tst Houston Ltach Llc	Harris	461.5	$ 29,792,000	2022-10-13	$ 342.48	1984	86,988	74
12490 W Fielding Cir, Playa Vista, CA 90094	4211-034-031	Institutional & Special Purpose Buildings	Hospital	Hsh Playa Ca Llc	Los Angeles	946.4	$ 81,000,000	2024-09-18	$ 210.60	2016	384,621	199
750 Al Highway 75, Albertville, AL 35951	19-01-02-2-000-033.005	Institutional & Special Purpose Buildings	Hospital	Turenne Properties	Marshall	956.4	$ 800,000	2025-07-08	$ 10.72	1987	74,600	1

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	518 W 4th St, Odessa, TX 79761	—	-	721,397	1995	170,241	$ 198,705,308	$ 3,686,339	-
Falcon International Bank	1515 Pappas St, Laredo, TX 78041	09/05/2025	$ 1,500,000	165,876	2005	66,567	$ 20,791,196	$ 568,956	Gateway Community Health Cente
First Horizon Bank	9505 Greenville Ave, Dallas, TX 75243	08/29/2025	$ 10,250,000	66,516	1997	20,604	$ 4,256,900	$ 798,190	Hpa Exchangevital Medical Dal
Lonestar Finance And Lending I	7525 Scyene Rd, Dallas, TX 75227	07/22/2025	$ 400,000	318,859	1973	106,405	$ 2,113,150	$ 1,913,150	Texas Receivership Group Llc
First Texas National Bank	637 W Van Alstyne Pkwy, Van Alstyne, TX 75495	07/18/2025	$ 1,148,720	68,245	1971	10,214	$ 600,236	$ 163,788	Scoggins Funeral Home Llc
Blue Diamond Sny Llc	940 W I 20, Colorado City, TX 79512	06/13/2025	$ 1,350,000	87,120	2016	36,705	$ 633,525	$ 87,120	Sai Leela Hotels Llc
Velocity Commercial Cap Llc	701 W Murphy St, Odessa, TX 79763	05/20/2025	$ 1,870,000	106,940	1964	10,640	$ 400,656	$ 40,641	Ogf Llc
Berkadia Commercial Mtg Llc	3211 Harvey Rd, College Station, TX 77845	05/01/2025	$ 17,897,800	198,067	2018	74,952	$ 11,975,497	$ 1,159,148	Black Ink Sodalis Gan Holdings
California Receivership Group	7525 Scyene Rd, Dallas, TX 75227	04/28/2025	$ 371,194	318,859	1973	106,405	$ 2,113,150	$ 1,913,150	Texas Receivership Group Llc
The City Natl Bkco City	446 Walnut, Colorado City, TX 79512	04/25/2025	$ 328,000	14,001	1950	2,932	$ 47,398	$ 4,900	Fields Of Cotton Llc
Siemens Financial Services Inc	351 Seton Pkwy, Round Rock, TX 78665	03/26/2025	$ 16,400,000	179,337	2018	48,028	$ 14,084,331	$ 1,524,360	Scope Fn Round Rock Llc

Mean$ 127,825,269

Median$ 2,750,000.0

Loan Amount Range$ 275,000 - $ 1,500,000,000

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