511 E 56th St
Odessa, TX 79762
Sherwood- Studio
- 1,488 sqft
Studio
1,488 sqft
Home Value
Trulia Estimate
$218KSince last month
Decreased$9K (-4%)Since last year
Decreased$7K (-3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +69% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $213K |
| July 2026 | $220K |
| June 2026 | $222K |
| May 2026 | $221K |
| April 2026 | $222K |
| March 2026 | $223K |
| February 2026 | $221K |
| January 2026 | $217K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Single-Family Home | - | 07/13/26 | 4 | 2 | 1,324 | |
0.23 | Single-Family Home | - | 03/13/26 | - | 1,920 | ||
0.27 | Single-Family Home | - | 08/28/25 | 3 | - | 1,177 | |
0.05 | Single-Family Home | - | 08/21/25 | 3 | 2 | 1,692 | |
0.35 | Single-Family Home | - | 04/01/26 | 4 | 2 | 2,491 | |
0.50 | Single-Family Home | - | 06/12/26 | 3 | 2 | 1,178 | |
0.56 | Single-Family Home | - | 12/05/25 | 3 | 2 | 1,309 | |
0.68 | Single-Family Home | - | 01/28/26 | 3 | 2 | 1,576 | |
0.68 | Single-Family Home | - | 08/25/25 | 3 | 1.5 | 1,250 | |
0.72 | Single-Family Home | - | 04/17/26 | - | 1,816 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.26 | $185,900 | 3 | 1 | 1,128 | For Sale | |
0.29 | $324,900 | 4 | 2 | 2,308 | For Sale | |
0.32 | $169,800 | 3 | 2 | 1,958 | Off Market | |
0.33 | - | 3 | 2 | 1,216 | Recently Sold | |
0.42 | $225,900 | 3 | 2 | 1,860 | For Sale | |
0.51 | $65,000 | - | - | - | For Sale | |
0.51 | $65,000 | - | - | - | For Sale | |
0.51 | $65,000 | - | - | - | For Sale | |
0.51 | $65,000 | - | - | - | For Sale | |
0.51 | $65,000 | - | - | - | For Sale | |
0.51 | $65,000 | - | - | - | For Sale | |
0.51 | $65,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1958
Living Area
1,488 sqft
Price/Sqft
$147
About this House
This single-family home is located at 511 E 56th St, Odessa, TX. 511 E 56th St is in the Sherwood neighborhood in Odessa, TX and in ZIP code 79762. This property has approximately 1,488 sqft of floor space. This property has a lot size of 7501 sqft and was built in 1958.
Home Details for 511 E 56th St
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1958 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 7501 sqft |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,511 | $159,621 |
Home facts updated by county records
Market trends in Odessa
Last updated July 2026
Avg. sale price
$255K
$5.6KMoM
Sale-to-List Price
—
Price per sq ft
$157
$4MoM
Available listings
571
7MoM
Around this home
What Locals Say about Sherwood
At least 28 Trulia users voted on each feature.
94 % Say there are sidewalks
93 % Say car is needed
76 % Say there's holiday spirit
75 % Say yards are well-kept
59 % Say parking is easy
53 % Say it's quiet
47 % Say it's dog friendly
45 % Say kids play outside
45 % Say they plan to stay for at least 5 years
43 % Say neighbors are friendly
40 % Say it's walkable to grocery stores
40 % Say streets are well-lit
22 % Say people would walk alone at night
18 % Say it's walkable to restaurants
15 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 511 E 56th St
- What is 511 E 56th St estimated to be worth?Trulia's estimated value for 511 E 56th St in Odessa, TX is $218,300.
- Is Odessa a buyer's or seller's market?Odessa is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Odessa?The median sale price in Odessa is $255K. That is up $5.6K from the prior month.
- What do residents say about the Sherwood neighborhood?Residents describe the Sherwood neighborhood in Odessa, TX as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Sherwood, Odessa.
- How big is the lot at 511 E 56th St?The lot at 511 E 56th St in Odessa, TX is about 0.17 acres (7,501 sq ft).