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$271,000

NAL Estimated Property Value

1703 E Rio Grande Ave, El Paso, TX, 79902

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,118 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesFree-Standing Gas Oven
FlooringHardwood

Exterior

Lot Size5,100 sqft

Building Information

Year Built1915
Roof Type105

Land Information

APNF607-999-0780-2100
SubdivisionF Franklin Heights
Land UseResidential
Legal Description78 FRANKLIN HEIGHTS 19 & E 5 FT OF 18 & W 12.5 FT OF 20 (5100.00 SQ FT)
Census Tract002201
Assessed Land Value$21,420
Assessed Improvement Value$111,447
Assessment Year2025

About this property

Discover the perfect blend of comfort and convenience with this quaint rental home in the central area of El Paso! This beautiful 3BD/1BA home is in a great, well-established neighborhood in the Franklin Heights subdivision. You will be impressed by the spacious open-design living area, plenty of natural light, refrigerated air conditioning, fireplace, and basement storage. The utility room has a washer, dryer, and storage. Conveniently located close to UTEP, schools, downtown, hospitals, medical offices, Five Points restaurants, and the International Bridge. Rent the home today!

Investor Tools

Property Icon
$271,000
Estimated Property Value
$0Estimated Mortgage Balance
$271,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,311
$132,867
2025
$21,420
$111,447
$132,867
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,311
$132,867

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$271,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
N/A
+$1,361/mo
6.0%

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

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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1703 E Rio Grande Ave | Property Details | No Agent List