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$306,000

14116 Rainbow Point Dr, El Paso, TX, 79938

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.93 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Free-Standing Gas Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size6,334 sqft

Building Information

Year Built2009
Roof Type106
Garage Spaces1

Land Information

APNT287-999-2020-1000
Lot Number100
SubdivisionTierra Del Este #52
Land UseResidential
Legal Description202 TIERRA DEL ESTE #52 LOT 100 (6333.77 SQ FT)
Census Tract010367
Assessed Land Value$37,939
Assessed Improvement Value$247,885
Assessment Year2025

About this property

Welcome Home to this exceptional 3-bedroom, 2.5-bath home and office. Open Kitchen with Granite Countertops and Stainless Steel Appliances, including a front-load washer and dryer. Home Features: Large Family Room and fireplace, primary bedroom with Jacuzzi tub and separate large shower, granite countertops in bathrooms, 2-car garage, tankless water heater, refrigerated air (not swamp cooler), Family Room Wired for Surround Sound, plus xeriscape front and backyard (low maintenance). Covered Patio for Entertaining. Ceiling Fans throughout and MUCH MORE. Call today!

Investor Tools

Property Icon
$306,000
Estimated Property Value
$169,945Estimated Mortgage Balance
$108,241Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$285,824
2025
$37,939
$247,885
$285,824
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$285,824

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Castle & Cooke Mortgage Llc
Va
$169,945
Yes
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,759
$108,241
35%
65%
$1,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,316/mo
+$384/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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