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$342,000

1815 Ritzy Lou Place, El Paso, TX, 79928

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,802 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Microwave, Tankless Water Heater
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size6,756 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces504

Land Information

APNG195-000-017H-0300
Lot Number3
SubdivisionGateway Estates #1 Replat H
Land UseResidential
Legal DescriptionBLK 17 GATEWAY ESTATES #1 REPLAT H LOT 3
Census Tract010366
Assessed Land Value$35,729
Assessed Improvement Value$98,476
Assessment Year2025

About this property

The Seville II says ''Wow!'' You ''must see'' to appreciate this home. Ample study greets all who enter. Very open gathering area created by great room, dining area and kitchen. Kitchen includes island for add'l work space; beautiful staggered cabinets & granite counter tops & the important appliances. Upstairs includes a spacious loft for another gathering area in the home. Primary suite will accommodate king-sized furniture & it has a spacious retreat. It includes a huge walk-in closet & luxurious bath as well. Two ample secondary bedrooms. Full bath. Interior photos are of a furnished model of the Seville II. Some pictured features may not be included features. Please verify these with a representative of the Seller.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$0Estimated Mortgage Balance
$39,288Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,380 /month
Positive
Cash Flow Estimate:
$793 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$683
$134,205
2025
$35,729
$98,476
$134,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$683
$134,205

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$309,560
No
First
Feb 26, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,712
$39,288
11%
89%
$1,856/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,856/mo
$-36/mo
6.4%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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.

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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1815 Ritzy Lou Place | Property Details | No Agent List