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$263,000

14840 Ted Banks Ave, El Paso, TX, 79938

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.35 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

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, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size5,523 sqft

Building Information

Year Built2017
Roof Type106
Garage Spaces2

Land Information

APNT287-999-4450-0500
Lot Number5
SubdivisionTierra Del Este #76
Land UseResidential
Legal DescriptionBLK 445 TIERRA DEL ESTE #76 LOT 5
Census Tract010369
Assessed Land Value$35,828
Assessed Improvement Value$212,172
Assessment Year2025

About this property

Spacious home in Tierra Del Este, East El Paso. The living room opens to the dining area, offering a great space for entertaining. The kitchen is fully equipped with granite countertops, ample cabinet space, and high ceilings. The primary bedroom features a large walk-in closet and a bathroom with a soaking tub and separate shower. Outdoors, enjoy a covered patio and a path leading to a gazebo with built-in benches and counter, perfect for relaxing on weekends. *All residents are enrolled in the Resident Benefits Package (RBP) which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more!*

Investor Tools

Property Icon
$263,000
Estimated Property Value
$192,000Estimated Mortgage Balance
$80,633Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,573
$248,000
2025
$35,828
$212,172
$248,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,573
$248,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$192,000
No
First
Aug 31, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,367
$80,633
30%
69%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,152/mo
+$548/mo
7.8%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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14840 Ted Banks Ave | Property Details | No Agent List