The City Of Odessa, Texas

General Information

A number of individuals choose to purchase Odessa, Texas real estate for a variety of reasons. The city is the county seat of Ector County and is located in the oil rich Permian Basin area, which is one of the most popular regions in Texas to reside in. The city has a population of nearly 97,000 individuals and is part of the Midland-Odessa metropolitan area, which has a population of more than 250,000 individuals. The city has a total area of close to 37 square miles and a climate that is mild for a large portion of the year. The city is served by the Midland International Airport, which flies many commercial flights daily to a number of locations, including the Dallas/Ft. Worth Metropolitan Area.

Economy

Although the economy of the region is mostly driven by the oil industry, there are other industries that contribute to the economy of the city as well. Tourism has a large presence in Odessa as the city hosts a number of events that draw tourists to the area. One of the biggest events is the bi-annual hosting of the Permian Basin International Oil Show. The Permian Basin International Oil Show showcases the latest innovations in the oil industry and attracts participants and visitors from around the world. There are also many sporting events that occur within the city that attracts visitors to the area.

Odessa housing is comprised of nearly 38,000 housing units including apartments, condos, single family homes, and luxury homes. At any given time, about 4,000 of these homes are available for purchase. Many individuals choose to relocate to the area because of the affordable housing, as the median home value for the city is less than $60,000. A large number of the homes and apartments in the area were built prior to 1970 and use the sturdy construction techniques of the time. The average commute of many of the residents of the city is less than 20 minutes from home to place of employment.

Lifestyle

There are many entertainment options in the Midland-Odessa metropolitan area. The area is home to the region's largest orchestral organization, which is comprised of some of the best musicians in the nation. There are also many plays and performances available at the Globe of the Great Southwest, a theatre that is a replica of Shakespeare's Globe Theatre. The theatre hosts many programs throughout the year and a very popular Shakespeare festival annually. The Presidential Museum in Odessa is focused on the office of the Presidency, not any one President, which makes it unique among the Presidential museums across the nation.

Many film scenes have been shot at or based on different locations and neighborhoods throughout the city, bringing national attention and numerous visitors to this Texas town. Residents in the area may enjoy watching a game of indoor football, ice hockey, or a rodeo, which also brings a number of visitors to the area. The city's close proximity to neighboring Midland also offers residents plenty of alternatives for dining, shopping, and employment. No matter what an individual is looking for in the Odessa area, chances are that they will be able to find it either within the city or nearby.

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