Tired of renting? We’ve found a three-bedroom, two-bath home in Odessa that is a great starter abode that is move-in ready, but also ripe for those “done over time” updates that will make it your own.

And with 20 percent down and a decent interest rate, you could be paying much less than what you would for a similarly-sized apartment.

According to ApartmentList.com’s December rent report, median rents for Odessa apartments are $1080 for a one bedroom and $1,340 for a two-bedroom. With 20 percent down and an interest rate below four percent, this $125,000 home could give you a house payment of less than $1,000.

Located at 216 Monticello Drive, this 1,324 square foot cottage might need a few updates, but it’s no fixer-upper  — it’s a home you can move into and give your personality over time.

Take, for instance, the trim paint on the exterior of the home. You might not be wild about it – but that’s actually an easy fix that you could even do yourself.

And the front yard is actually well manicured and designed, with a mature oak tree to shade the walk up to the front of the house.

Inside, the main living areas have hardwood floors, while the bedrooms are carpeted. A dining area is just off the kitchen — which could also use some updates at some point but is still perfectly serviceable in the meantime.

The master bedroom has an en-suite bathroom and access to the covered back porch, which is a perfect place, as listing agent Mikki McDougall of Keller Williams Realty says, “for a cup of coffee in the mornings and a glass of wine in the evening.”

That porch overlooks a nice-sized backyard that has been nicely xeriscaped, too.