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$358,000

NAL Estimated Property Value

2605 Lebanon Ave, El Paso, TX, 79930

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,903 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1932

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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, Electric Water Heater
FlooringTile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size10,000 sqft

Building Information

Year Built1932
Roof Type106
Garage Spaces3

Land Information

APNH453-999-0950-4300
SubdivisionHighland Park
Land UseResidential
Legal Description95 HIGHLAND PARK 13 TO 16 (10000 SQ FT)
Census Tract002300
Assessed Land Value$35,700
Assessed Improvement Value$278,123
Assessment Year2025

About this property

Beautiful remodeled home with 3 bedroom 2 bath, family room open concept to kitchen, living room with fireplace, dining room with French doors to covered patio for entertaining, hardwood floors, shutters, basement, one car garage, corner lot with lots of room to expand, 2 separate yards, refrigerated air, quartz counter tops in kitchen, great location with city and mountain views, 2 blocks away from Scenic Drive and Altura Park, restaurants, bakery, five points entertainment district, Ft. Bliss, McKelligon Canyon Amphitheatre, close to UTEP and Downtown, must see this move in ready home!

Investor Tools

Property Icon
$358,000
Estimated Property Value
$691,672Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,674
$313,823
2025
$35,700
$278,123
$313,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,674
$313,823

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$351,500
No
First
Jun 12, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$691,672
N/A
0%
193%
$4,216/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$4,216/mo
$-2,855/mo
4.6%

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

Explore

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.

Explore Texas Explore This Area
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

New Permits

New Permits

Dynamic Permit Feed

City: El Paso

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2605 Lebanon Ave | Property Details | No Agent List