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$238,000

14540 Spanish Point Dr, El Paso, TX, 79938

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.17 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Gas Water Heater, Microwave
FlooringTile

Exterior

Lot Size5,079 sqft

Building Information

Year Built2013
Roof Type110
Garage Spaces1

Land Information

APNT287-999-3280-2800
Lot Number28
SubdivisionTierra Del Este #67
Land UseResidential
Legal DescriptionBLK 328 TIERRA DEL ESTE #67 LOT 28
Census Tract010369
Assessed Land Value$26,054
Assessed Improvement Value$210,500
Assessment Year2025

About this property

Beautifully Maintained Home in East El Paso - Price Just Reduced! Walking Distance to Spanish Castle Park. Move-in ready 3 BR, 2 BA home is located in Tierra Del Este subdivision. Interior features; open living spaces w/ high ceilings & tile flooring throughout, creating a bright & easy-to-maintain interior. The kitchen features granite countertops, stainless steel appliances, & wood cabinetry. A spacious dining area w/ bay windows offers plenty of room for a full-size table, while a breakfast bar provides additional seating & serving space around the kitchen. The primary suite includes dual vanities, a soaking tub, & a separate shower, while the secondary BR's offer generous space for family, guests, or a home office. Backyard features a landscaped yard w/ low-maintenance rock design, a shaded pergola, & high rock walls for added privacy. A dedicated dog run makes this home ideal for pet lovers. Best of all, you're just a short walk to Spanish Castle Park, perfect for outdoor enjoyment & community living

Investor Tools

Property Icon
$238,000
Estimated Property Value
$228,000Estimated Mortgage Balance
$11,653Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,135
$236,554
2025
$26,054
$210,500
$236,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,135
$236,554

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gecu Fcu
Conventional
$228,000
No
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,347
$11,653
4%
95%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,367/mo
+$333/mo
8.6%

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.

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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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14540 Spanish Point Dr | Property Details | No Agent List