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Owner Contacts

$298,000

NAL Estimated Property Value

240 Porfirio Diaz St, El Paso, TX, 79902

Off Market

3 Beds

3 Bath

1,430 Sq Ft

Single Family Residence

Built in 1910

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 2

Indoor Fireplace

Heating Forced Air Unit

Cooling

AppliancesRange, Dryer, Free-Standing Gas Oven, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer

FlooringTile, Vinyl, Hardwood

Exterior

Private Pool

Lot Size6,900 sqft

Building Information

Year Built1910

Roof Type105

Land Information

APNM946-999-0010-6100

SubdivisionMundy Heights

Land UseResidential

Legal Description1 MUNDY HEIGHTS 28 & N 1/2 OF 29 (6900 SQ FT)

Census Tract001600

Assessed Land Value$37,871

Assessed Improvement Value$140,356

Assessment Year2025

About this property

Step into history with this captivating 3-bedroom, 3-bathroom home in the heart of the Sunset Heights Historical District. Just steps away from UTEP and downtown, Spanning 1,612 sq. ft., this unique property seamlessly blends vintage charm with modern convenience. One of its standout features is the hidden bookcase entrance that leads to a 450 sq. ft. basement, adding a touch of mystery and extra space for storage or creative use. Each bedroom boasts its own dedicated bathroom for ultimate comfort and privacy. The home is equipped with a tankless water heater, refrigerated air, and updated PVC piping. A separate laundry room adds to the convenience. Furnishings are also available for purchase, making this a turnkey opportunity! Don't miss your chance to own a piece of history with modern-day amenities—schedule your showing today!

Investor Tools

$298,000

Estimated Property Value

$275,620Estimated Mortgage Balance

$22,380Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$510/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,626

$178,227

2025

$37,871

$140,356

$178,227

Tax History

Year

Tax Paid

Assessed Value

2024

$4,626

$178,227

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gecu Fcu

Conventional

$278,872

First

Sep 23, 2025

Oct 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$275,620

$22,380

92%

$1,672/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,361/mo

$1,672/mo

$-311/mo

5.5%

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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