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B+
NoAgentList RatingHow are grades calculated? Info

$190,443

2488 Tierra Rica Way, El Paso, TX, 79938

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,270 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.96 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Dryer
FlooringTerrazzo, Carpet

Exterior

Lot Size5,162 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces1

Land Information

APNT287-999-0140-2300
Lot Number23
SubdivisionTierra Del Este #2
Land UseResidential
Legal Description14 TIERRA DEL ESTE #2 LOT 23 (5162.15 SQ FT)
Census Tract010329
Assessed Land Value$20,669
Assessed Improvement Value$169,774
Assessment Year2025

About this property

Well maintained 1-story home with an open concept on a corner lot. This home has 3 bedrooms and 1 3/4 baths with a 2 car garage. Tile floor throughout the house. House is very clean and has great curve appeal.

Investor Tools

Property Icon
$190,443
Estimated Property Value
$69,750Estimated Mortgage Balance
$179,888Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,143 /month
Positive
Cash Flow Estimate:
$381 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,902
$190,443
2025
$20,669
$169,774
$190,443
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,902
$190,443

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstlight Fcu
Conventional
$69,750
No
First
Sep 17, 2012
Oct 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,555
$179,888
94%
6%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
N/A
+$1,700/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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2488 Tierra Rica Way | Property Details | No Agent List