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$218,000

NAL Estimated Property Value

1401 E Nevada Avenue, El Paso, TX, 79902

$222,621 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$124.46 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesGas Water Heater, Microwave, Refrigerator
FlooringTile, Laminate, Hardwood

Exterior

Exterior FeaturesBack Yard Access
Lot Size4,500 sqft

Building Information

Year Built1926
Roof Type105
Garage Spaces1

Land Information

APNF607-999-0980-3600
SubdivisionF Franklin Heights
Land UseResidential
Legal Description98 FRANKLIN HEIGHTS 9 & W 1/2 OF 10 (4500 SQ FT)
Census Tract002201
Assessed Land Value$20,828
Assessed Improvement Value$181,349
Assessment Year2025

About this property

1401 E Nevada in the historic Franklin Heights subdivision offers old world charm with modern convenience. This corner-lot property is centrally located near UTEP, hospitals, Ft. Bliss, schools, and quick I-10 access. The main home features 3 bedrooms, while the downstairs 1-bedroom apartment provides excellent rental or multigenerational living potential. A detached one-car garage and well-sized backyard add practicality and outdoor enjoyment. The large front porch invites you to relax and take in the neighborhood's character. Whether you're seeking an investment opportunity or a place to call home, this property delivers versatile living and timeless appeal.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$61,516Estimated Mortgage Balance
$156,484Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$222,621
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,248
$202,177
2025
$20,828
$181,349
$202,177
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,248
$202,177

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Financial Texas Inc
Unknown
$129,578
No
First
Jun 21, 2006
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,516
$156,484
71%
28%
$777/mo

City: El Paso

1401 E Nevada Avenue | Property Details | No Agent List