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$282,000

2227 Grant Ave, El Paso, TX, 79930

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,135 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.1 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Electric Water Heater, Free-Standing Electric Oven, Range Hood, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size6,000 sqft

Building Information

Year Built1941
Stories1
Roof Type106
Garage Spaces1

Land Information

APNC849-999-0300-3100
SubdivisionCotton
Land UseResidential
Legal Description30 COTTON 13 & E 10 FT OF 12 & W 15 FT OF 14 (6000 SQ FT)
Census Tract002300
Assessed Land Value$29,422
Assessed Improvement Value$142,186
Assessment Year2025

About this property

Fully remodeled apartment, Great Apartment for students, Close to 1-10 Access, N 54 Gateway Access, and Gateway border. Close to UTEP, Bus Station, Gas Station, Walgreens, and grocery stores. Memorial Park is 1 mile away. Newman Park is 1.3 Miles away.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,450
$171,608
2025
$29,422
$142,186
$171,608
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,450
$171,608

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$977/mo
N/A
+$977/mo
4.2%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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2227 Grant Ave | Property Details | No Agent List