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$1,495

244 Mardi Gras Dr, El Paso, TX, 79912

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1963

About this property

This single level home is located off Mesa and Festival, it has 3 bedrooms and 2 baths. Home has tile throughout, single attached garage, and a spacious layout with formal area, den, and kitchen with breakfast nook. Formal area can be used for living or dining, kitchen is open to breakfast area which features a fireplace. Kitchen does come fully equipped and offers plenty of cabinet and counter space. Den also has a fireplace and an access door to the backyard. This home is in an excellent location, just minutes from shopping, dining, and entertainment. Please verify schools. We can only work with a two week move in time frame/hold period. Rental price includes enrollment in a residence benefits packaging of $30 a month. To schedule a showing please see Confidential Remarks.

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$231,000
Estimated Property Value
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

Interested in this property?

Lisa Swiger

Northern Pass Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

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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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

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City: El Paso

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244 Mardi Gras Dr | Property Details | No Agent List