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Owner Contacts

$610,000

NAL Estimated Property Value

1267 Desert Mirage Pl, El Paso, TX, 79912

$773,136 ARV

Off Market

4 Beds

3 Bath

2,996 Sq Ft

$198.6 / sqft

Built in 2017

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Forced Air Unit

Cooling

AppliancesBuilt-In Gas Oven, Dishwasher, Dryer, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer

FlooringTile, Carpet

Exterior

Exterior FeaturesSee Remarks, Walled Backyard

Lot Size5,775 sqft

Building Information

Year Built2017

Roof Type106

Garage Spaces2

Land Information

APNF609-999-0290-1300

Lot Number13

SubdivisionFranklin Hills #8

Land UseResidential

Legal DescriptionBLK 29 FRANKLIN HILLS #8 LOT 13

Census Tract010213

Assessed Land Value$76,487

Assessed Improvement Value$526,325

Assessment Year2025

About this property

Turnkey Short-Term Rental or Fully Furnished Home This fully furnished contemporary home in Franklin Hills is a successful short-term rental, generating $60,000/year in gross income. Professionally managed by Velo Vacation Rentals, management can continue for the new owner. With 4 bedrooms, 3 baths, soaring ceilings, a gourmet kitchen, and seamless indoor-outdoor living, this home offers both style and comfort. The primary suite is on the first floor, with an upstairs office for added flexibility. Ideal as an investment property or a move-in-ready home for a relocating professional, with no requirement to keep it as a rental. Don't miss this opportunity—schedule a tour today!

Investor Tools

$610,000

Estimated Property Value

$544,294Estimated Mortgage Balance

$65,706Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$773,136

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,660 /month

Positive

Cash Flow Estimate:

$1,220 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,485/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,774

$602,812

2025

$76,487

$526,325

$602,812

Tax History

Year

Tax Paid

Assessed Value

2024

$14,774

$602,812

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Geneva Financial Llc

Conventional

$555,750

First

Mar 24, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$544,294

$65,706

10%

89%

$3,333/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$3,333/mo

$-1,373/mo

3.9%

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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