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$324,950

1800 RITZY LOU Place, El Paso, TX, 79928

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.33 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
FlooringTile, Carpet

Exterior

Lot Size6,355 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces420

Land Information

APNG195-000-016H-0800
Lot Number8
SubdivisionGateway Estates #1 Replat H
Land UseResidential
Legal DescriptionBLK 16 GATEWAY ESTATES #1 REPLAT H LOT 8
Census Tract010366
Assessed Land Value$66,219
Assessed Improvement Value$256,429
Assessment Year2025

About this property

Take a look at this stunning single-level home offering 4 spacious bedrooms and 2 upgraded bathrooms. Step inside and be greeted by a bright, open living space featuring a tiered ceiling and recessed lighting that creates an elegant atmosphere. The heart of the home is the expansive kitchen, complete with a huge island, sleek granite countertops, and stainless steel appliances perfect for gathering & entertaining. The primary suite is a true retreat, boasting a large picture window, huge walk-in closet, and a luxurious en-suite bathroom with dual vanities, walk-in shower, and a separate jetted tub for ultimate relaxation. Enjoy modern convenience, including a smart thermostat and wireless lighting controls. Energy-efficient upgrades like spray foam insulation, a tankless water heater, and energy-rated construction ensure savings year-round. Situated on a desirable corner lot, this home offers a spacious backyard with plenty of room to design your own private oasis, including space for a swimming pool.

Investor Tools

$270,346Estimated Mortgage Balance
$52,302Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Frank Alcantar

ERA Sellers & Buyers Real Esta

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,640
$322,648
2025
$66,219
$256,429
$322,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,640
$322,648

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Fha
$281,796
Yes
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,346
$52,302
16%
84%
$1,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,690/mo
$-200/mo
5.5%

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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1800 RITZY LOU Place | Property Details | No Agent List