Freddy's Frozen Custard and Steakburgers

The Sherwood Village Shopping Center in Odessa is undergoing a specific renovation of a 2,051 square foot tenant space. This unit, located at 4201 N. Dixie Blvd., Suite 130, will be remodeled into a Freddy's Frozen Custard and Steakburgers restaurant. The project replaces a previous restaurant fit-out and is classified as a renovation or alteration under TDLR registration. The estimated cost for this work is $500,000, which translates to $244 per square foot.

Gordon Sherwood is the owner of record for this development. TESSERE, Inc. serves as the design firm, while Landy Perkins is the registered accessibility specialist. The funding for the project is private, situated on private land for private use. In Ector County, the median estimated cost for similar renovation filings is $205,000. This project's cost is above that county median, placing it in the top quarter for this type of work. The median size for these filings is 3,000 square feet, and the median cost per square foot is $72. This project's $244 per square foot is above the county median.

Construction Timeline and Status

The project was registered with TDLR in March 2026. Plan review was completed in April 2026, and construction was scheduled to begin in May 2026. The filing indicates a scheduled completion date of August 2026. The scheduled build window was 91 days, which is close to the county median of 121 days for similar projects. Despite the scheduled completion date having passed, TDLR has not yet recorded a final inspection. Therefore, the current state of the site is not confirmed in the public record. The status remains as Review Complete, but the physical completion of the work is unverified by the state registry.

TESSERE, Inc. has other registered projects in Texas, including a Plaza at Rockwall renovation and a Taco Bell in Bedford. The latter is noted as having an inspection complete. Nearby businesses in the Odessa area include La Bodega Mexican Restaurant and Ashford Odessa Square Apartments. A Facebook post by ComingSoonTexas described the transformation of this 2,051-square-foot space into a modern restaurant. The site is located within a FEMA Special Flood Hazard Area, specifically zone AE. This designation is based on the site coordinates and the FEMA National Flood Hazard Layer.

The surrounding area, ZIP code 79762, has a population of about 40,141 according to U.S. Census ACS 2023 estimates. The median household income in this area is $74,560. Housing is mostly owner-occupied, with a median owner-occupied home value of $218,900. The Ector County unemployment rate was 4.4 percent in June 2026, which is higher than a year earlier. This project is one of many registered in the area, including the Ector County Courthouse Parking Garage and Villa Court. The specific focus here is the Freddy's location, which is a distinct business identity within the Sherwood Village Shopping Center.