8225 Dorado Dr
Odessa, TX 79765About 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 an apartment located in Midland County, the 79765 Zip Code, and the Barbara Fasken Elementary School, Alamo Junior High School, and Legacy Senior High School attendance zone.

Pricing and Floor Plans
Studio
E1
$1,250 - $1,270
Studio, 1 Bath, 577 Sq Ft
$500 deposit
https://imagescdn.homes.com/i2/8_Hk4N6FC6d4FMG6v9vZXic80r1Vq8OMd5lf4XvuGho/116/the-penwell-odessa-tx-11.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
211 | $1,270 | 577 | May 12 |
1 Bedroom
A1
$1,515 - $1,535
1 Bed, 1 Bath, 798 Sq Ft
$500 deposit
https://imagescdn.homes.com/i2/4Elaa1CvtdIQrbgJkSXIqIT1hTuxEEHu6tWv5orIB6M/116/the-penwell-odessa-tx.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
826 | $1,515 | 798 | Now |
A2
$1,585 - $1,605
1 Bed, 1 Bath, 823 Sq Ft
$500 deposit
https://imagescdn.homes.com/i2/5x3hPIoIBN3oZo28JYrxeXYSSxNaqVHPYI1CVLKiVLc/116/the-penwell-odessa-tx-3.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
115 | $1,605 | 823 | Now |
515 | $1,605 | 823 | Now |
533 | $1,585 | 823 | May 10 |
2 Bedrooms
B1
$1,850 - $1,950
2 Beds, 2 Baths, 1,159 Sq Ft
$500 deposit
https://imagescdn.homes.com/i2/3IYSPw6ybP2aYeCEtPMVH8Xd4FUGeuma5JCKBpY_efs/116/the-penwell-odessa-tx-5.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
529 | $1,850 | 1,159 | Now |
219 | $1,950 | 1,159 | May 1 |
B2
$1,975 - $2,075
2 Beds, 2 Baths, 1,162 Sq Ft
$500 deposit
https://imagescdn.homes.com/i2/MHWPk8x5uy9CQ3Alh1UGLD9vNnz5Vev9k2YQfauiyNc/116/the-penwell-odessa-tx-7.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
1139 | $1,975 | 1,162 | Now |
1010 | $2,075 | 1,162 | Now |
1125 | $1,975 | 1,162 | May 8 |
B3
$2,085 - $2,185
2 Beds, 2 Baths, 1,195 Sq Ft
$500 deposit
https://imagescdn.homes.com/i2/BoBCzDF_VwmbjL4Iw9z4UrTtu7Pr5CPeeiwSJxDZYNM/116/the-penwell-odessa-tx-9.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
236 | $2,085 | 1,195 | Now |
326 | $2,085 | 1,195 | Now |
217 | $2,185 | 1,195 | Now |
Map
- 3809 Yorkshire Dr
- 8 San Clemente Cir
- 46 Balmoral Cir
- 8500 Mission Dr
- 3629 El Cajon Ave
- 8659 Santa Isabella St
- 8643 Santa Isabella St
- 8650 Santa Isabella St
- 8661 Santa Isabella St
- 8648 Santa Isabella St
- 8646 Santa Isabella St
- 8644 Santa Isabella St
- 8642 Santa Isabella St
- 8640 Santa Isabella St
- 8632 Santa Isabella St
- 8630 Santa Isabella St
- 8631 Santa Isabella St
- 8676 Santa Isabella St
- 8637 Santa Isabella St
- 8641 Santa Isabella St