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$255,000

1040 Indigo Sky St, El Paso, TX, 79928

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,826 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.65 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesConvection Oven, Dishwasher, Microwave, Refrigerator
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size5,400 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNS779-000-0230-0700
Lot Number7
SubdivisionSummer Sky Phase 1
Land UseResidential
Legal DescriptionBLK 23 SUMMER SKY PHASE 1 LOT 7
Census Tract010372
Assessed Land Value$36,685
Assessed Improvement Value$218,315
Assessment Year2025

About this property

Welcome to this beautifully designed single-story home that perfectly blends space, comfort, and style. With 4 spacious bedrooms and 3 full bathrooms, it offers the ideal layout for families, guests, or even a dedicated home office. At the heart of the home is a bright and airy open-concept living, dining, and kitchen area, thoughtfully designed for both everyday living and effortless entertaining. The seamless flow between rooms creates a sense of connection and spaciousness, with large windows filling the space with natural light. The kitchen features modern finishes, ample storage, and a large island perfect for gatherings and casual meals. Step outside to enjoy the fully landscaped exterior with rock walls and backyard side access. All kitchen appliances convey to include the refrigerator. VA assumable loan at 3.99% available.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$246,491Estimated Mortgage Balance
$11,748Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,061
$255,000
2025
$36,685
$218,315
$255,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,061
$255,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jnc Mortgage Co Inc
Unknown
$246,491
No
First
Aug 13, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,252
$11,748
4%
95%
$1,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,478/mo
+$342/mo
8.6%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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1040 Indigo Sky St | Property Details | No Agent List