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$160,000

1008 E RIO GRANDE Avenue, El Paso, TX, 79902

$208,000 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,398 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.45 / sqft
Year BuiltBuilt in 1892

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesRange, Gas Water Heater, Range Hood, Refrigerator
FlooringCarpet, Hardwood

Exterior

Lot Size3,750 sqft

Building Information

Year Built1892
Roof Type105
Garage Spaces1

Land Information

APNP795-999-2780-2100
Subdivision277 Pierce Finley
Land UseResidential
Legal Description278 PIERCE FINLEY 5 & W 6.25 FT OF 6 (3750.00 SQ FT)
Census Tract002202
Assessed Land Value$28,610
Assessed Improvement Value$111,390
Assessment Year2025

About this property

Perfect investment property. Charming vintage home located in the heart of Central El Paso near the historic El Paso High are. perfect for a home business, or the option to convert into additional living space. SOLD AS IS

Investor Tools

$0Estimated Mortgage Balance
$203,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

Interested in this property?

Denise Caballero

The Right Move Real Estate Gro

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,967
$140,000
2025
$28,610
$111,390
$140,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,967
$140,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$203,000
100%
0%
$0/mo

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

Explore

El Paso

El Paso is one of Texas’ most unique housing markets, combining affordability, military employment, international trade, and a strong regional identity. Located on the U.S.–Mexico border, the city serves as a major center for logistics, healthcare, education, manufacturing, and defense-related industries.

The city’s housing market is supported by the presence of Fort Bliss, one of the largest military installations in the United States. Compared to many other Texas metros, El Paso offers relatively affordable homeownership opportunities while maintaining stable demand from local residents, military personnel, and investors.

Explore Texas Explore This Area
Population Growth

Population Growth

0.6%

Net Migration

Net Migration

Stable

Median Home Price

Median Home Price

$184,500

Unemployment Rate

Unemployment Rate

4.0%

Price Trend

Price Trend

+1.6% YoY

New Permits

New Permits

Dynamic Permit Feed

City: El Paso

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1008 E RIO GRANDE Avenue | Property Details | No Agent List