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Owner Contacts

$505,000

NAL Estimated Property Value

2312 Kolt Court, El Paso, TX, 79911

Off Market

3 Beds

3 Bath

2,666 Sq Ft

$191.3 / sqft

Built in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Forced Air Unit

Cooling

AppliancesRange, Built-In Electric Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator

FlooringTile

Exterior

Exterior FeaturesGas Grill

Lot Size7,594 sqft

Building Information

Year Built2019

Roof Type105

Garage Spaces2

Land Information

APND465-999-0240-3900

Lot Number39

SubdivisionDesert Springs #5

Land UseResidential

Legal DescriptionBLK 24 DESERT SPRINGS #5 LOT 39

Census Tract010220

Assessed Land Value$89,915

Assessed Improvement Value$300,979

Assessment Year2025

About this property

Welcome to this stunning two-story home located in a desirable gated community with breathtaking mountain views. Tucked away in a quiet cul-de-sac, this property offers the perfect blend of privacy and community amenities, including a pickleball court for active living. Step inside to an inviting open-concept floor plan that seamlessly connects the kitchen, dining, and living areas, perfect for entertaining and everyday living. The home features recently updated tile flooring, adding a fresh and modern touch throughout. The beautifully designed backyard is ideal for relaxing or hosting gatherings, featuring low-maintenance turf, an outdoor grill, and a spacious seating area centered around a cozy outdoor fireplace. With its prime location, thoughtful updates, and exceptional indoor, outdoor living, this home truly has it all.

Investor Tools

$505,000

Estimated Property Value

$264,468Estimated Mortgage Balance

$240,532Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,060 /month

Positive

Cash Flow Estimate:

$1,020 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$979/month

$100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,223

$390,894

2025

$89,915

$300,979

$390,894

Tax History

Year

Tax Paid

Assessed Value

2024

$9,223

$390,894

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New American Funding

$278,437

Yes

First

Aug 9, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$264,468

$240,532

47%

52%

$1,670/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,050/mo

$1,770/mo

+$280/mo

4.9%

Learn About the Market: Opportunity in El Paso

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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.

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