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$257,000

15108 Composition Avenue, El Paso, TX, 79938

PendingInfo
Beds4 Beds
Baths2 Bath
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesFree-Standing Gas Oven, Gas Water Heater, Microwave
FlooringTile, Carpet

Exterior

Lot Size5,203 sqft

Land Information

APNT287-090-0210-2200
Lot Number22
Land UseVacant Residential Inventory Discount
Legal DescriptionBLK 21 TIERRA DEL ESTE #90 LOT 22
Census Tract010353
Assessed Land Value$30,330
Assessment Year2025

About this property

NEWLY CONSTRUCTED HOME TO BE COMPLETED MARCH 2025! Introducing the stunning Waco floor plan, a 1,501 square feet gem boasting 4 bedrooms and 2 bathrooms. Step inside to a harmonious blend of style and comfort, highlighted by a charming front covered porch and expansive open floor plan. The spacious bedrooms have plush carpet while the rest of the home has ceramic tile throughout. Experience a lifestyle of modern sophistication and unparalleled design in this exquisite property. Welcome home to the Waco floor plan, where every detail is meticulously crafted to perfection.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,821Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$30,330
2025
$30,330
N/A
$30,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$30,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocky Mountain Mortgage Co
Fha
$260,150
Yes
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,179
$1,821
0%
99%
$1,560/mo

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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15108 Composition Avenue | Property Details | No Agent List