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$240,993

10645 Obsidian St, El Paso, TX, 79924

Off Market

3 Beds

2 Bath

1,958 Sq Ft

Single Family Residence

$123.08 / sqft

Built in 1994

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating

Cooling

AppliancesRange, Dishwasher, Free-Standing Gas Oven, Range Hood, Refrigerator

FlooringTile

Exterior

Private Pool

Lot Size5,250 sqft

Building Information

Year Built1994

Roof Type105

Land Information

APND415-999-0030-1000

Lot Number10

SubdivisionDesert Aire Park

Land UseResidential

Legal Description3 DESERT AIRE PARK LOT 10 (5250.00 SQ FT)

Census Tract000208

Assessed Land Value$42,683

Assessed Improvement Value$198,310

Assessment Year2025

About this property

This is a great investment property in the Desert Air Park subdivision. 3 bedrooms, 2 full baths, a spacious master bedroom upstairs with walk-in closet, double sink vanity and jetted tub/shower combo. Home features 1958 sqft of living space with 2 living areas, a large backyard with mountain views, quiet well established neighborhood, lovely family park close by and just down the street from Desert Air Elementary. Home has a nice double sided fireplace to keep both living areas nice and cozy, a large refrigerated heating/cooling package unit as well and is ready for you to add your finishing touches to. Don't miss out on this great home at a very attractive price.

Investor Tools

$240,993

Estimated Property Value

$190,486Estimated Mortgage Balance

$53,293Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,446 /month

Positive

Cash Flow Estimate:

$482 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$595/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,936

$240,993

2025

$42,683

$198,310

$240,993

Tax History

Year

Tax Paid

Assessed Value

2024

$5,936

$240,993

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Pacific Mortgage Corp

Fha

$190,486

Yes

First

Jul 31, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$187,700

$53,293

22%

78%

$1,143/mo

Learn About the Market: Opportunity in El Paso

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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.

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