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15438/15440 AZRA DR

Lots/Land For Sale
$1,250,000

BTC: 19.47355655

ETH: 709.04284888

299 days
0 room(s)

Overview

Prime 2.5-Acre Development Opportunity on Azra Road, Odessa Discover the immense potential of this spacious 2.5-acre property located in the desirable community of Grey Hawk, Odessa. The land is the true asset here—perfect for investors and developers looking to create a custom housing development or a private estate. The property features a 5-bedroom home that provides immediate living options during your development process, or it can be thoughtfully demolished to make way for a luxurious new residence. With generous space available, there is ample room to build multiple homes on quarter-acre lots or larger estates, making it an ideal site for a boutique community or a private family compound. Access is secure through the Grey Hawk gated entrance, while remaining outside the HOA, offering flexibility in development plans. Neighboring parcels are smaller (.22–.23 acres) with assessed values around $123,000, highlighting the value and growth potential of this larger parcel. Seize this rare opportunity to shape your vision in a thriving Odessa location. For more information or to discuss development possibilities, please call or text today.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
2.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$477,450
$322K – $1.0M
Confidence Low
List vs. estimate
$772K above estimate
List $1,250,000 · +161.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,321
2024
All facts and features
  • Lot

    • Lot: 2.50 Acres

    Other Property Information

    • Parcel Number: 36261700100NW160010

    • Zoning: R2

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

  • Other financial information

    • Annual tax amount: $3,322

  • Source details

    • MLS ID: W7878559

    Other facts

    • Direction Faces: South

    • Water Source: Public

    • Lot Size Dimensions: 500 x 500

    • Subdivision Name: KEYSTONE PARK COLONY LAND CO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA LUXURY REALTY INC