Crestwood, Odessa, TX: What Buyers Should Know
A family-friendly pocket of Odessa blending affordability with everyday convenience.
About Crestwood in Odessa
Crestwood is a residential neighborhood in Odessa that appeals to first-time homebuyers and families seeking affordable entry points without sacrificing access to shopping and schools. The median home value of approximately $135k sits well below the city average of $194k, making this community an obvious choice for budget-conscious buyers. Crestwood strikes a practical balance: it's a car-dependent area with a Walk Score of 60, meaning some errands can be accomplished on foot, though most residents rely on personal vehicles. The neighborhood is anchored by the Crestwood Shopping Center and nearby parks including Polythana North Park, creating a settled, established feel.
Real Estate Market in Crestwood
| Median home price | $134.5k |
|---|---|
| Year over year change | +2 to 3% |
| Price per sq ft | $95 to $110 |
| Median rent | $1,149 |
| Typical days on market | 28 to 35 days |
| Buyer competition | Moderate |
| Walk Score | 60 |
| Bike Score | 45 |
The market in this area reflects Odessa's broader affordability compared to Texas metros. Inventory tends to move steadily, supported by consistent demand from families and investors seeking rental yield.
Crestwood homes typically attract multiple interested parties, especially single-family rentals under $150k. Cash offers or proof of funds can strengthen your position. Inspection contingencies are standard here, and sellers often accept reasonable repair credits rather than price reductions.
Who Thrives in Crestwood
Crestwood's sub-$150k price range and stable market make it ideal for homebuyers entering the market without significant down payment reserves.
Proximity to Gale Pond Alamo Elementary and Wilson & Young Medal Of Honor Middle, combined with nearby parks and childcare options, positions Crestwood well for school-age households.
The rental market here yields steady 7 to 9 percent returns, and the neighborhood's stability attracts long-term tenants seeking affordable family housing.
While internet infrastructure is improving, the neighborhood's low cost of living and quieter character suit remote workers who value affordability over walkability.
The car-dependent layout and limited transit access may challenge some retirees, though home prices and proximity to MCH Center for Primary Care offer practical appeal.
Property Types in Crestwood
The backbone of Crestwood; most are 1970s to 1990s construction with 3 bedrooms and 1.5 to 2 baths.
Popular with investors; often rented to families or young professionals seeking affordable housing.
Limited but growing; renovated homes and new builds command premiums over comparable older stock.
Living in Crestwood, Odessa
Daily life in Crestwood centers on convenience and affordability rather than trendsetting amenities. The Crestwood Shopping Center provides a cluster of retail and dining options, while nearby Honey Donuts and HTeaO serve casual breakfast and coffee runs. <h3>Recreation and Community</h3> Parks like Polythana North Park and Bellaire Park offer open space for families, and Sherwood Family Aquatic Center is a popular summer destination. The neighborhood itself is quiet and residential, with tree-lined streets and a stable population median age of 34 years. Entertainment options including Permian Playhouse and the Parker House Ranching Heritage Museum are within a short drive, adding cultural texture without requiring relocation.
- Volcano Korean BBQ · 10 min walk
- Volcano Korean BBQ & Sushi · 10 min walk
- Little Caesars · 10 min walk
- Honey Donuts · 10 min walk
- Smoothie King · 11 min walk
- 7 Brew · 14 min walk
- HTeaO · 38 min walk
- Starbucks · 38 min walk
- 7 Brew Coffee · 40 min walk
- Polythana North Park · 10 min walk
- Polythana South Park · 12 min walk
- Bellaire Park · 13 min walk
- Modern Gardeners Park · 15 min walk
- Mark Henderson Park · 18 min walk
- Mary's Bakery · 12 min walk
- Lowe's Market · 12 min walk
- L'Oven Espressions Bakery · 38 min walk
- Fitness 1440 · 11 min walk
- Crunch Fitness · 37 min walk
- Sherwood Family Aquatic Center · 18 min walk
- Permian Playhouse · 20 min walk
- Globe Theatre of the Great Southwest · 29 min walk
- Jame Segrest Stadium · 29 min walk
- Parker House Ranching Heritage Museum · 38 min walk
Annual events: Odessa Permian football season, Ector County Fair, seasonal farmers market activities
Schools Near Crestwood, Odessa
Schools within and serving Crestwood range from solid to above-average by Odessa standards. Gale Pond Alamo Elementary scores 47 and serves the core of the neighborhood, while Wilson & Young Medal Of Honor Middle (score 24.5) provides middle school options. For high school, George H W Bush New Tech Odessa (59.5) is the standout choice, offering career-tech pathways and higher performance metrics.
Elementary Schools
School Score 47 with 52% math and 42% reading proficiency
Proximitii 2026School Score 30 with 35% math and 25% reading proficiency
Proximitii 2026School Score 29.5 with 29% math and 30% reading proficiency
Proximitii 2026School Score 26 with 26% math and 26% reading proficiency
Proximitii 2026Middle Schools
School Score 24.5 with 21% math and 28% reading proficiency
Proximitii 2026High Schools
School Score 59.5 with 52% math and 67% reading proficiency
Proximitii 2026School Score 52 with 42% math and 62% reading proficiency
Proximitii 2026School Score 25.5 with 21% math and 30% reading proficiency
Proximitii 2026Private Schools Nearby
- St Marys Central Catholic School (KG-8) — 30-minute walk
- Rainey School Of Montessori (PK-3) — 32-minute walk
- Kiddie Kollege Preschool (PK-KG) — 33-minute walk
- Sherwood Christian Academy (KG-12) — 38-minute walk
Feeder pattern: Elementary students typically feed to Wilson & Young, then onward to Permian or George H W Bush New Tech depending on interest and zoning.
Source: Proximitii 2026
Commute from Crestwood
Crestwood's location in central Odessa positions it within easy reach of most employment centers across the city. The neighborhood's 85.1 percent vehicle dependency reflects Odessa's broader car culture; public transit is minimal, and most residents rely on personal vehicles.
Public transit options are minimal; Crestwood residents should plan for vehicle ownership as a necessity, not a convenience.
Neighborhoods Near Crestwood
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Frequently Asked Questions about Crestwood
What is the average home price in Crestwood, Odessa?
The median home value in Crestwood is approximately $134,500, significantly below Odessa's city median of $193,500. Single-family homes typically range from $110,000 to $180,000, while duplexes and multifamily properties are often priced $95,000 to $150,000. This affordability makes Crestwood one of the more attractive entry points for first-time buyers in the region. Prices have appreciated modestly year-over-year, reflecting steady demand from families and investors.
Is Crestwood a good place to live?
Crestwood offers a practical mix of affordability, convenience, and neighborhood stability. The area suits families and budget-conscious buyers well, with shopping nearby and reasonable school options. However, it is car-dependent with a Walk Score of 60, meaning you'll need a vehicle for most errands. The median household income here is $63,690, and roughly 62 percent of homes are owner-occupied, suggesting a rooted community. Tradeoffs include limited walkability and minimal transit, but for families prioritizing cost and access to schools, Crestwood delivers.
What are the best schools near Crestwood?
Gale Pond Alamo Elementary (score 47) serves much of the neighborhood and is a solid choice for elementary-age children. Wilson & Young Medal Of Honor Middle (score 24.5) handles the middle school tier, though performance is modest. For high school, George H W Bush New Tech Odessa (score 59.5) stands out with career-tech pathways and stronger academic metrics. Private options including Sherwood Christian Academy offer alternatives if traditional public schools don't align with your preferences.
Is Crestwood safe?
Crestwood is a stable, residential neighborhood with a median age of 34 and a significant owner-occupied base (61.7 percent), both indicators of community investment and stability. Like much of Odessa, the area is car-oriented and family-focused. Crime statistics are generally comparable to the broader city, so standard precautions apply. The neighborhood's established character and mix of families and long-term residents contribute to a settled atmosphere.
Who should consider buying in Crestwood?
Crestwood suits first-time homebuyers seeking affordable entry, families valuing proximity to schools and parks, and investors targeting rental yields in the 7 to 9 percent range. The neighborhood also appeals to budget-conscious professionals and small families relocating to Odessa. Remote workers may find the lower cost of living attractive, though limited walkability requires vehicle ownership. Retirees should weigh the car-dependent layout against lower housing costs and proximity to healthcare.
What amenities and shopping are available in Crestwood?
The Crestwood Shopping Center anchors the neighborhood with retail, dining, and services. Nearby options include Honey Donuts for breakfast, HTeaO for bubble tea, and Little Caesars for casual meals. Lowe's Market and Mary's Bakery handle grocery and specialty food needs. For fitness, Fitness 1440 and Crunch Fitness are minutes away, while Polythana North Park and Bellaire Park provide outdoor recreation. Sherwood Family Aquatic Center appeals to families during summer months.
Where this Crestwood data comes from
Numbers throughout this guide come from public, authoritative sources. Walk and transit scores come from Walk Score, neighborhood boundaries and POI data from OpenStreetMap and Proximitii, and parent-city demographics from the U.S. Census Bureau.
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