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$216,000

NAL Estimated Property Value

1408 Arizona Avenue B, El Paso, TX, 79902

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths400 Sq Ft
price_per_sqft$1.45 / sqft
Year BuiltBuilt in 1910

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange Hood
FlooringVinyl

Exterior

Lot Size4,500 sqft

Building Information

Year Built1910
Roof Type105

Land Information

APNF607-999-0810-2900
SubdivisionF Franklin Heights
Land UseResidential
Legal Description81 FRANKLIN HEIGHTS 8 & E 1/2 OF 7 (4500 SQ FT)
Census Tract002201
Assessed Land Value$20,828
Assessed Improvement Value$110,247
Assessment Year2025

About this property

semi furnished apartment with utilities included. rent $580 plus 150 for utilities and wifi password

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,225
$131,075
2025
$20,828
$110,247
$131,075
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,225
$131,075

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$121,125
No
First
Mar 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,647
$104,353
48%
52%
$727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$727/mo
+$634/mo
7.6%

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

0.6%

Net Migration

Net Migration

Stable

Median Home Price

Median Home Price

$184,500

Unemployment Rate

Unemployment Rate

4.0%

Price Trend

Price Trend

+1.6% YoY

New Permits

New Permits

Dynamic Permit Feed

City: El Paso

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