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$405,429

NAL Estimated Property Value

11220 Wharf Cove Dr, El Paso, TX, 79936

$499,078 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths3,444 Sq Ft
price_per_sqft$116.14 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesSee Remarks

Exterior

Lot Size12,685 sqft

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APNE054-999-0310-6000
SubdivisionEast Glen #2
Land UseResidential
Legal Description31 EAST GLEN #2 N 105.71 FT OF S 180.71 FT OF 1
Census Tract010317
Assessed Land Value$45,413
Assessed Improvement Value$360,016
Assessment Year2025

About this property

Presenting an exceptional investment opportunity at 11220 Wharf Cove, El Paso, TX 79936. This quadruplex, while in need of some TLC, is fully tenant-occupied, with all tenants on a month-to-month basis, offering flexibility for an investor looking to maximize rental income. Each of the four units features comfortable living spaces, making them appealing to a diverse range of tenants. Located in a desirable neighborhood, this property is close to schools, shopping centers, and parks, ensuring strong demand for rentals. With easy access to major highways, commuting to downtown El Paso is effortless. This quadruplex not only offers the potential for steady cash flow but also the opportunity to increase rental rates over time. Don't miss this chance to expand your investment portfolio with a property that promises both immediate returns and long-term growth potential. Schedule your viewing today!

Investor Tools

Property Icon
$405,429
Estimated Property Value
$272,198Estimated Mortgage Balance
$133,231Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$499,078
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,433 /month
Positive
Cash Flow Estimate:
$811 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,052/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,599
$405,429
2025
$45,413
$360,016
$405,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,599
$405,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$277,500
No
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,198
$133,231
32%
67%
$1,664/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,160/mo
$1,664/mo
$-504/mo
3.4%

City: El Paso

11220 Wharf Cove Dr | Property Details | No Agent List