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$169,000

NAL Estimated Property Value

10041 Mercedes St, El Paso, TX, 79924

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,069 Sq Ft
price_per_sqft$158.98 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDryer, Free-Standing Gas Oven, Microwave, Refrigerator, Washer
FlooringTile, Carpet

Exterior

Exterior FeaturesHandicapped Accessible, Back Yard Access
Lot Size6,432 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APNT172-999-0090-1900
Lot Number10
SubdivisionTerrace Hills
Land UseResidential
Legal Description9 TERRACE HILLS #2 LOT 10 (6432 SQ FT)
Census Tract000112
Assessed Land Value$33,921
Assessed Improvement Value$126,145
Assessment Year2025

About this property

Affordable NE Gem with Mountain Views & Large Yard! Welcome to 10041 Mercedes St, a charming brick home located in a quiet, mature Northeast neighborhood with stunning mountain views and quick access to Transmountain, restaurants, and Walmart. This 3-bedroom, 1.5-bath home offers just over 1,060 sq ft of cozy living space on a spacious 6,431 sq ft lot. Inside, you'll find tile flooring throughout most of the home, with carpet in the living room and one bedroom for added comfort. The kitchen features wood countertops, and all major appliances convey — including refrigerator, stove, microwave, washer, and dryer. Enjoy refrigerated air, a single-car garage, and a low-maintenance front yard. Out back, there's a large private yard ready for entertaining, gardening, or future additions. Whether you're a first-time buyer seeking a low monthly payment, or an investor looking for rental potential, this well-located property is packed with value and opportunity

Investor Tools

Property Icon
$169,000
Estimated Property Value
$159,617Estimated Mortgage Balance
$9,383Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,693
$160,066
2025
$33,921
$126,145
$160,066
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,693
$160,066

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gecu Fcu
Conventional
$161,500
No
First
Sep 23, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,617
$9,383
5%
94%
$969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,380/mo
$969/mo
+$411/mo
9.8%

City: El Paso

10041 Mercedes St | Property Details | No Agent List