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$230,770

11456 Lake Nemi Dr, El Paso, TX, 79936

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths1,645 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.29 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Gas Oven, Gas Cooktop, Gas Water Heater
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,350 sqft

Building Information

Year Built1986
Stories1
Roof Type105

Land Information

APNS127-999-0190-3100
Lot Number16
SubdivisionSandy Creek #1
Land UseResidential
Legal Description19 SANDY CREEK #2 LOT 16 (7350.10 SQ FT)
Census Tract010326
Assessed Land Value$21,713
Assessed Improvement Value$174,830
Assessment Year2025

About this property

Situated on a desirable corner lot, this beautifully maintained home offers exceptional curb appeal with lush front and back landscaping featuring real grass, mature shade trees, and vibrant outdoor living spaces. Enjoy relaxing or entertaining under two covered patio areas designed for year-round enjoyment. Inside, the inviting open floor plan showcases vaulted ceilings that create a bright and spacious atmosphere throughout the 1,645 square feet of living space. The home features 3 comfortable bedrooms and 2 ½ bathrooms, providing both functionality and comfort for everyday living. The garage has been thoughtfully converted into a former child-care business space, offering endless possibilities for a home office, playroom, studio, or business use. Additional highlights include convenient RV parking along the east side of the property and a large storage building perfect for tools, hobbies, or extra storage needs. Ask about the secret ''Hideway.''Set appt to see it today!

Investor Tools

$88,476Estimated Mortgage Balance
$145,524Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,158
$196,543
2025
$21,713
$174,830
$196,543
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,158
$196,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Branch Banking And Trust Co
Conventional
$108,000
No
First
Aug 28, 2017
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,476
$145,524
62%
38%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$648/mo
+$972/mo
8.3%

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

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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11456 Lake Nemi Dr | Property Details | No Agent List