4651 Oakwood Dr

4651 Oakwood Dr, Odessa, TX 79761

Property Information

  • For Sale Contact for pricing
  • Property Type Multi-Family
  • Property Size 149,925 SF
  • Units 172
  • Lot Size 5.84 Acre
  • Year Built 1976
  • Date Updated Jul 16, 2026

Description

Introducing the Southwest Oaks / Parkway Oaks Apartments, nestled at 4651 Oakwood Drive and 1465 John Ben Shepperd Pkwy in Odessa, Texas. Boasting 172 units within 10 two-story and 2 one-story buildings, this property features a brick exterior, Bitumen & Composition roofs, and tenant-paid utilities. Conveniently located near JBS Parkway and Oakwood Drive, residents enjoy private patios, spacious floor plans, walk-in closets, exterior storage, covered parking, and select units offer washer/dryer connections. Two swimming pools, a BBQ area, basketball courts, tennis courts, and clubhouse provide ample leisure options. Surrounded by similar rentals and residential homes, the property's proximity to businesses like Wal-Mart, Music City Mall, and The University of Texas Permian Basin enhances its appeal. With potential for growth and a vibrant community, the Southwest Oaks / Parkway Oaks Apartments present an enticing investment opportunity in the heart of Odessa.

 

Investment highlights

 

Under Market Rents

 

Multiple Swimming Pools

 

Spacious Floor Plans

 

Strong Texas Market

Contacts

Location

Located at 4651 Oakwood Dr, Odessa, TX 79761, this property is part of the Odessa neighborhood and Midland Odessa market.

Contact 4651 Oakwood Dr
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