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$256,000

NAL Estimated Property Value

2005 MERMAID Drive, El Paso, TX, 79936

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,724 Sq Ft
price_per_sqft$150.23 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDryer, Free-Standing Gas Oven, Refrigerator, Washer
FlooringTile, Wood, Carpet

Exterior

Exterior FeaturesWalled Front, Walled Backyard
Lot Size9,450 sqft

Building Information

Year Built1978
Stories1
Roof Type183
Garage Spaces2

Land Information

APNE054-999-0510-2100
Lot Number11
SubdivisionEast Glen #3
Land UseResidential
Legal Description51 EAST GLEN #3 LOT 11
Census Tract010316
Assessed Land Value$41,486
Assessed Improvement Value$200,691
Assessment Year2025

About this property

Discover true pride of ownership in this meticulously maintained 4-bedroom home. The inviting interior features an expansive living area and a primary suite distinguished by elegant vaulted ceilings and closet doors covered with large mirrors. Thoughtful upgrades include a kitchen water filtration system and a built-in furnace humidifier for year-round comfort. This move-in-ready gem conveys the refrigerator, washer, dryer, and living room TV! Situated on a premium lot bordering quiet easements, you'll enjoy enhanced privacy with no neighbors to the left or directly behind. The exterior boasts a secure walled front yard with a rolling gate, xeriscaped low-maintenance front & back yards with a storage shed. The oversized 2-car garage offers room for a workspace, while the expansive side yard provides plenty of room for your motorhome, boat, or multi-vehicle parking. Schedule your tour today!

Investor Tools

Property Icon
$256,000
Estimated Property Value
$113,307Estimated Mortgage Balance
$142,693Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,850
$242,177
2025
$41,486
$200,691
$242,177
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,850
$242,177

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waf World Alliance Financial Corp
Reverse Mortgage / Hecm
$207,000
No
First
Sep 2, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,307
$142,693
55%
44%
$957/mo

City: El Paso

2005 MERMAID Drive, El Paso, TX 79936 | Property Details | No Agent List