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$229,000

NAL Estimated Property Value

1821 E Rio Grande Ave, El Paso, TX, 79902

$234,669 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,586 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1910

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesFree-Standing Gas Oven
FlooringTile, Wood, Carpet

Exterior

Lot Size4,500 sqft

Building Information

Year Built1910
Stories1
Roof Type105
Garage Spaces4

Land Information

APNF607-999-0770-7100
SubdivisionF Franklin Heights
Land UseResidential
Legal Description77 FRANKLIN HEIGHTS 28 & E 1/2 OF 27 (4500.00 SQ FT)
Census Tract002201
Assessed Land Value$18,900
Assessed Improvement Value$169,617
Assessment Year2025

About this property

Welcome to this charming residence located in the heart of El Paso's sought-after neighborhood of Franklin Heights! This inviting home boasts the charming character of this neighborhood. Making it ideal for both families and professionals. Key Features include, spacious living area with a bright and airy open floor plan with ample natural light flowing through large windows. The living room is perfect for gatherings, featuring hardwood floors and a cozy fireplace. 4 bedrooms, each with unique character and plenty of closet space with 2 bathrooms. Situated in a vibrant community, this property is just minutes away from local parks, schools, shopping, and dining options. Easy access to major highways ensures a convenient commute. Don't miss the opportunity to make this lovely property your own! Schedule a viewing today and discover the potential of 1821 E Rio Grande in El Paso.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$228,352Estimated Mortgage Balance
$648Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,669
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,684
$188,517
2025
$18,900
$169,617
$188,517
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,684
$188,517

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gecu Fcu
Conventional
$232,800
No
First
Apr 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,352
$648
0%
100%
$1,396/mo

Learn About the Market: Opportunity in El Paso

Local Market Pages
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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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1821 E Rio Grande Ave | Property Details | No Agent List