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$284,000

1122 Gaitan St, El Paso, TX, 79928

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,899 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$149.55 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Built-In Gas Oven, Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator
FlooringCeramic Tile, Carpet

Exterior

Lot Size5,710 sqft

Building Information

Year Built2019
Roof Type105
Garage Spaces2

Land Information

APNM793-000-0210-2500
Lot Number25
SubdivisionMorningside At Mission Ridge #4
Land UseResidential
Legal DescriptionBLK 21 MORNINGSIDE AT MISSION RIDGE #4 LOT 25
Census Tract010372
Assessed Land Value$34,831
Assessed Improvement Value$247,964
Assessment Year2025

About this property

Discover your perfect rental in this beautifully upgraded Hakes Brothers home, just a block from the neighborhood park! Nestled in the heart of rapidly growing Horizon City, this gem is close to trendy restaurants and shops, making it ideal for both locals and newcomers seeking a lively, convenient lifestyle. Featuring 3 bedrooms, a versatile flex room, and 2.5 bathrooms this home provides ample space for families, professionals, or roommates. Relax in a tastefully landscaped backyard featuring an extended patio and low-maintenance artificial turf—ideal for unwinding or hosting barbecues. Whether you're new to the area or a local looking for a fresh start, this home offers the perfect blend of comfort, style, and convenience. Don't miss out on renting this Horizon City treasure—schedule a tour today and make it yours!

Investor Tools

Property Icon
$284,000
Estimated Property Value
$285,661Estimated Mortgage Balance
$7,276Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,322
$282,795
2025
$34,831
$247,964
$282,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,322
$282,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$285,661
Yes
First
Aug 14, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,724
$7,276
2%
97%
$1,713/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,713/mo
+$107/mo
7.7%

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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1122 Gaitan St | Property Details | No Agent List