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$240,000

2901 Polk Ave, El Paso, TX, 79930

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,624 Sq Ft
price_per_sqft$147.78 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Oven, Dishwasher, Electric Cooktop, Range Hood
FlooringTile

Exterior

Exterior FeaturesWalled Backyard

About this property

Why buy a rental when you can buy one that's already occupied? This investment opportunity comes with an existing long term tenant in place and features a refreshed 3-bedroom, 2-bath home on a spacious 8,640 sq. ft. corner lot. The oversized lot offers generous parking and flexibility for future improvements. Buyers may wish to explore the potential for an additional dwelling unit (ADU) or garage conversion, subject to buyer verification, local zoning, permitting, and all applicable regulations. Whether you're expanding your investment portfolio or purchasing your first rental property, this home offers versatility and long-term potential. Conveniently located on a desirable corner lot, it's ready for its next owner. Schedule your private showing today and discover everything this property has to offer.

Investor Tools

$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Derek Lopez

1st Choice Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

City: El Paso