Last Updated: 36 Mins. Ago

Special

Call today for special pricing on selective units

Monthly Rent

$1,250 - $2,175

Beds

Studio - 2

Baths

1 - 2

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Based on community-supplied data and independent market research. Subject to change without notice.

Lease Terms

12 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        $50
    • Due at Move-In
      • Administrative Fee
        $250

About The Penwell

Welcome to The Penwell, a brand-new innovative community that offers apartments for rent in Odessa, TX, supporting the greater Midland-Odessa area. JH Penn drilled the discovery well of the Penwell-Jordan oilfield, this was the first major oilfield in the Odessa area and sparked rapid development. The Penwell will provide luxury and convenience that meet your every need and desire, while mixing in a piece of Texas history. Life at The Penwell means never having to sacrifice any of the indulgences - top-notch, professional on-site management provided by Asset Living, a leader in the industry; a gated community with plenty of shopping nearby; a designer kitchen with granite slab counter tops, undermount sink, and stainless-steel appliance package; and an amenities package that rivaled by none. Welcome Home.

The Penwell is located in Odessa, Texas in the 79765 zip code. This apartment community was built in 2020 and has 3 stories with 360 units.

Special Features

  • Controlled Access Community
  • Modern Lighting Package
  • Complimentary Starbucks Coffee Bar
  • Pet-friendly W/ Fenced Pet Park
  • Conference Room With Presentation Tv
  • Detached Garages Available
  • Grilling Stations
  • Group Fitness Room By Fitness On Demand
  • Undermount Sinks
  • Modern And Oversized Clubhouse
  • Valet Trash
  • Wood-style Flooring Throughout
  • 4 - Private Poolside Cabanas
  • Water Softeners
  • Nine-foot Ceilings
  • Outdoor Fire Pit
  • Whirlpool Side-by-side Refrigerator
  • Open Concept Gourmet Kitchens
  • Reserved Covered Parking Available
  • Resort-style Pool With Built-in Lounge

Community Features

  • Maintenance on site
  • Trash Pickup - Door to Door
  • Online Services
  • Pet Play Area
  • Key Fob Entry
  • Business Center
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Conference Rooms
  • Walk-Up
  • Cabana
  • Courtyard
  • Grill
  • Fitness Center
  • Pool
  • Playground
  • Volleyball Court
  • Putting Greens

Floorplan Amenities

  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Tub/Shower
  • Sprinkler System
  • Framed Mirrors
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Disposal
  • Ice Maker
  • Granite Countertops
  • Stainless Steel Appliances
  • Island Kitchen
  • Eat-in Kitchen
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Coffee System
  • Carpet
  • Vinyl Flooring
  • Walk-In Closets
  • Linen Closet
  • Double Pane Windows
  • Window Coverings
  • Large Bedrooms
  • Balcony
  • Patio

Parking

Covered

Assigned Parking $50

Garage

Assigned Parking $125

Security

  • Package Service
  • Controlled Access
  • Property Manager on Site
  • Gated

Pet Policy

Dogs and Cats Allowed

  • $400 Deposit
  • $15 Monthly Pet Rent
  • $400 Fee
  • 100 lb Weight Limit
  • 2 Pet Limit

Airport

  • Midland International Air And Space Port

    Drive: 14 min 6.6 mi

Universities

Shopping Centers & Malls

Schools

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Odessa, TX

Ratings

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