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$327,000

12422 Lanchester Drive, El Paso, TX, 79938

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Built-In Gas Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
FlooringCarpet, Terrazzo

Exterior

Lot Size6,769 sqft

Building Information

Year Built2016
Roof Type106
Garage Spaces2

Land Information

APND419-002-0040-0100
Lot Number1
SubdivisionDesert Canyon At Mission Ridge #2
Land UseResidential
Legal DescriptionBLK 4 DESERT CANYON AT MISSION RIDGE #2 LOT 1
Census Tract010370
Assessed Land Value$37,500
Assessed Improvement Value$257,838
Assessment Year2025

About this property

Charming 4-bedroom, 2.5-bathroom home, designed for comfort and convenience—all on a single level. An inviting open floor plan showcases a spacious living area with large windows, filling the home with natural light. The contemporary kitchen features granite countertops, sleek cabinetry, and a generous island that's perfect for casual dining or meal prep. The primary suite offers a peaceful retreat with an en-suite bath and a walk-in shower. Each additional bedroom provides flexibility for guests, an office, or creative space. The backyard is a private oasis, complete with a covered patio ideal for enjoying El Paso's warm evenings. Close to major highways, shopping, and outdoor recreation, this home offers the best of modern living. Deposit-Free Renting service to Obligo qualified renters, fees may apply.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,672
$295,338
2025
$37,500
$257,838
$295,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,672
$295,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Go Mortgage Llc
Conventional
$207,000
No
First
Feb 3, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,450
$136,550
41%
58%
$1,242/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,242/mo
+$578/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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12422 Lanchester Drive | Property Details | No Agent List