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$193,000

NAL Estimated Property Value

261 Tulane Drive Drive, El Paso, TX, 79907

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesFree-Standing Gas Oven, Microwave
FlooringTile, Carpet, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size18,087 sqft

Building Information

Year Built1950
Stories1
Roof Type106
Garage Spaces2

Land Information

APNP591-999-0090-6100
Lot Number5
SubdivisionA Pasodale
Land UseResidential
Legal Description9 PASODALE LOT 5 (0.454 AC)
Census Tract003804
Assessed Land Value$34,547
Assessed Improvement Value$135,931
Assessment Year2025

About this property

Step into timeless character with this 1950's home nestled in one of El Paso's established neighborhoods, surrounded by long-standing local favorites. Resting on nearly half an acre, the property is framed by lush greenery, a mature front tree, and generous parking, all accented by its enduring stonework. Inside, the living room opens to a thoughtfully remodeled kitchen complete with granite countertops and smooth grey cabinetry. A second living area offers warmth and charm with its stone fireplace, exposed wooden beams, and views of the expansive backyard. With solid construction, modern updates, and inviting spaces throughout, this home is move-in ready and filled with everlasting comfort.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$173,960Estimated Mortgage Balance
$19,040Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,158 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,742
$170,478
2025
$34,547
$135,931
$170,478
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,742
$170,478

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gecu Fcu
Conventional
$175,750
No
First
Oct 20, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,960
$19,040
9%
90%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,054/mo
+$307/mo
8.5%

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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261 Tulane Drive Drive | Property Details | No Agent List