34Days on Market

1view

$459,000

15200 Composition Avenue, El Paso, TX, 79938

On Market

5 Beds

4 Bath

2,704 Sq Ft

Single Family Residence

$169.75 / sqft

Built in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Garage Available

Heating Forced Air Unit

Cooling

AppliancesWater Heater, Built-In Gas Oven, Cooktop, Dishwasher, Disposal, Microwave

FlooringTile, Carpet

Exterior

Lot Size5,843 sqft

Building Information

Year Built2024

Roof Type105

Garage Spaces400

Land Information

APNT287-090-0220-1800

Lot Number18

Land UseSingle Family Residence

Legal DescriptionBLK 22 TIERRA DEL ESTE #90 LOT 18

Census Tract010353

Assessed Land Value$62,867

Assessed Improvement Value$332,941

Assessment Year2025

About this property

Beautiful 2-story home located in the desirable Tierra del Este subdivision! Built in 2024, this spacious residence features 5 bedrooms, 4 bathrooms, and an open-concept family area perfect for entertaining. The modern kitchen and bathrooms showcase elegant granite countertops throughout. Upstairs, you'll find a versatile loft ideal for a second living area, office, or game room. This stunning home sits on a desirable corner lot and offers beautifully designed, low-maintenance landscaping in both the front and back yards, creating exceptional curb appeal with easy upkeep. Enjoy the added convenience of a 2-car garage and plenty of space for comfortable living. A perfect blend of style, functionality, and modern living!

Investor Tools

$337,838Estimated Mortgage Balance

$57,970Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,754 /month

Positive

Cash Flow Estimate:

$918 /month

Interested in this property?

Edgar Barrientos

Keller Williams Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$165/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$395,808

2025

$62,867

$332,941

$395,808

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$395,808

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocky Mountain Mortgage Co

Fha

$346,556

Yes

First

Dec 27, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$337,838

$57,970

14%

85%

$2,078/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,700/mo

$2,078/mo

$-378/mo

5.2%

Learn About the Market: Opportunity in El Paso

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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.

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