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Owner Contacts

$278,244

NAL Estimated Property Value

1316 Backus St, El Paso, TX, 79925

Off Market

5 Beds

3 Bath

2,002 Sq Ft

Single Family Residence

$109.89 / sqft

Built in 1969

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Forced Air Unit

Cooling

FlooringTile, Carpet

Exterior

Lot Size8,163 sqft

Building Information

Year Built1969

Stories1

Roof Type105

Garage Spaces1

Land Information

APNC518-999-1460-2900

Lot Number15

SubdivisionUnnumbered Cielo Vista Park #Cc

Land UseResidential

Legal Description146 CIELO VISTA PARK #CC LOT 15 (8163 SQ FT)

Census Tract003404

Assessed Land Value$46,643

Assessed Improvement Value$231,601

Assessment Year2025

About this property

Location, Location, LOCATION! Welcome to this Cielo Vista Park classic; a single-story brick beauty ready for its next chapter. With 5 bedrooms, 3 bathrooms, and over 2,000 sq. ft. of living space, this home offers the layout and square footage today's buyers crave, just waiting to be refreshed and reimagined. Inside, you'll find generous living areas with room to spread out, entertain, or create the ultimate cozy retreat. Whether you're dreaming of modern updates or restoring its original charm, the possibilities here are endless. And the location? Hard to beat. Just minutes from neighborhood parks, The Fountains at Farah, Cielo Vista Mall, popular dining spots, major medical centers, and only blocks from I-10 for easy commuting. Opportunity, space, and an unbeatable address, this is your chance to bring the vision to life.

Investor Tools

$278,244

Estimated Property Value

$136,540Estimated Mortgage Balance

$141,704Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,669 /month

Positive

Cash Flow Estimate:

$556 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$323/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,485

$278,244

2025

$46,643

$231,601

$278,244

Tax History

Year

Tax Paid

Assessed Value

2024

$2,485

$278,244

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Financial Freedom Senior Funding Corp

Reverse Mortgage / Hecm

$237,000

First

Nov 7, 2006

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$136,540

$141,704

50%

49%

$1,499/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,590/mo

$1,499/mo

+$91/mo

6.9%

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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