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Owner Contacts

$267,781

NAL Estimated Property Value

1081 Summer Rain St, El Paso, TX, 79928

Off Market

4 Beds

2 Bath

1,651 Sq Ft

Single Family Residence

Built in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Forced Air Unit

Cooling

AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Refrigerator

FlooringTile, Carpet

Exterior

Lot Size5,268 sqft

Building Information

Year Built2022

Roof Type105

Garage Spaces2

Land Information

APNS779-000-0170-2300

Lot Number23

SubdivisionSummer Sky Phase 1

Land UseResidential

Legal DescriptionBLK 17 SUMMER SKY PHASE 1 LOT 23

Census Tract010372

Assessed Land Value$41,090

Assessed Improvement Value$226,691

Assessment Year2025

About this property

Welcome to this stunning 4-bedroom, 2-bath home, nestled in a highly desirable neighborhood! Built just a couple years ago, this beautifully maintained residence offers modern design, energy-efficient features, and an open-concept layout perfect for comfortable living. The spacious kitchen boasts sleek countertops, stainless steel appliances, and ample storage, while the inviting living and dining areas provide the perfect space for entertaining. Step outside to enjoy the meticulously landscaped front and backyard—ideal for relaxing or hosting gatherings. With its prime location close to top-rated schools, shopping, and dining, this home is a true gem. Don't miss this incredible opportunity—schedule your showing today!

Investor Tools

$267,781

Estimated Property Value

$244,229Estimated Mortgage Balance

$23,552Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,620 /month

Positive

Cash Flow Estimate:

$540 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$646/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,419

$267,781

2025

$41,090

$226,691

$267,781

Tax History

Year

Tax Paid

Assessed Value

2024

$6,419

$267,781

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jnc Mortgage Co Inc

$259,790

Yes

First

Feb 28, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$244,229

$23,552

91%

$1,558/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,820/mo

$1,558/mo

+$262/mo

8.2%

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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