$355,000
2509 RED SAILS Drive A & B, El Paso, TX, 79936
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
FlooringTile
Exterior
Lot Size3,000 sqft
Building Information
Year Built1981
Roof Type105
Garage Spaces1
Land Information
APNE054-999-0120-0660
SubdivisionEast Glen #1
Land UseResidential
Legal Description12 EAST GLEN PT OF 2 BEG 571.64 FT S OF NWC (119.87 FT) ON N-50.06 FT ON E-119.87 FT ON S-50.06 FT ON W) (HOMESITE) (3000 SQ
Census Tract010316
Assessed Land Value$17,250
Assessed Improvement Value$147,248
Assessment Year2025
About this property
This East Side duplex is ready to impress live in one unit and rent the other, or add it to your portfolio. Stylish kitchens with granite, natural light, French doors, and a gorgeous backyard make it a win-win. Don't miss this versatile, income producing gem!
Investor Tools
$266,530Estimated Mortgage Balance
$80,470Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,315
$164,498
2025
$17,250
$147,248
$164,498
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,315
$164,498
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Fha
$281,084
Yes
First
Jul 6, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,530
$80,470
23%
77%
$1,686/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,160/mo
$1,686/mo
$-526/mo
4.0%
