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$144,000

1905 Wedgewood Dr, El Paso, TX, 79925

$156,769 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.26 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
FlooringSee Remarks

Exterior

Lot Size6,480 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces1

Land Information

APNE207-999-0340-3600
Lot Number15
SubdivisionEastwood
Land UseResidential
Legal Description34 EASTWOOD LOT 15-A (6480 SQ FT)
Census Tract004318
Assessed Land Value$37,325
Assessed Improvement Value$142,693
Assessment Year2025

About this property

ATTENTION!!' FINAL CALL FOR OFFERS!!! All offers due 5/6/2026 by 5:00 PM MDT.'' !!! Welcome to this charming classic brick home, featuring 3 bedrooms and 2 bathrooms. This Property will not have access to the interior of the property until after closing. ''Property sold ''As-is''. Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.'' The property is contaminated and they have boarded it up. No one will have access to the interior of the property until after closing

Investor Tools

$53,365Estimated Mortgage Balance
$126,653Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$156,768
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,541
$180,018
2025
$37,325
$142,693
$180,018
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,541
$180,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charles H Walters
Unknown
$60,945
No
First
Jan 9, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,365
$126,653
70%
30%
$366/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$366/mo
+$1,224/mo
10.6%

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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1905 Wedgewood Dr | Property Details | No Agent List