Street View

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Owner Contacts

$362,000

12840 Star Gaze Avenue, El Paso, TX, 79928

Pending

4 Beds

3 Bath

2,533 Sq Ft

Single Family Residence

Built in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Forced Air Unit

Cooling

AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Microwave, Tankless Water Heater

FlooringTile, Carpet

Exterior

Private Pool

Lot Size6,798 sqft

Building Information

Year Built2024

Roof Type105

Garage Spaces460

Land Information

APNS505-005-0030-1600

Lot Number16

Land UseSfr Inventory Discount

Legal DescriptionBLK 3 SKY VIEW ESTATES #5 LOT 16

Census Tract010370

Assessed Land Value$30,613

Assessed Improvement Value$45,923

Assessment Year2025

About this property

The welcome mat is out! Complete, clean and ready for YOU! This unique home welcomes all with its warmth. Sunny dining & cheerful great room combine to offer hours of joyful entertaining w/family & friends. Kitchen wraps around you w/beautiful cabinets & granite tops. It includes a cozy dine-in/study area. Bedroom + bath round out the downstairs. Upstairs is a spacious loft, 2 more large secondary bedrooms + full bath and a utility room. An impressive master suite completes this area. Covered patio for outdoor enjoyment. Double w/auto door opener. Low maintenance front & side yard landscaping is included. Interior photos are of another Mercury property. Some pictured features might not be included features. Please verify these with a representative of the Seller.

Investor Tools

$362,000

Estimated Property Value

$0Estimated Mortgage Balance

$0Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,172 /month

Positive

Cash Flow Estimate:

$724 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$151/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$76,536

2025

$30,613

$45,923

$76,536

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$76,536

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Option Mortgage Llc

Unknown

$332,810

First

Feb 26, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$662,495

N/A

183%

$4,064/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,820/mo

$4,064/mo

$-2,244/mo

6.0%

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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