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$222,000

2924 Mountain Ave, El Paso, TX, 79930

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesRange, Electric Water Heater, Free-Standing Gas Oven, Range Hood
FlooringTile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size7,500 sqft

Building Information

Year Built1949
Stories1
Roof Type105

Land Information

APNM436-999-0080-5700
SubdivisionFr A Military Heights
Land UseResidential
Legal Description8 MILITARY HEIGHTS 20 & 21 & W 1/2 OF 19 (7500 SF)
Census Tract000901
Assessed Land Value$28,365
Assessed Improvement Value$165,196
Assessment Year2025

About this property

Perfect for dual property income, unit 1 has 2 bedrooms with a office/graft bonus room, living dining combo, hardwood floors, updated bathroom, the rear unit come with generous 1-bedroom, updated bathrooms, shared backyard and shed. electric iron gate with remote control, security iron front gate, both units are equipped with newer refrigerated A/C .Don't wait call me today.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$218,500Estimated Mortgage Balance
$7,021Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,572
$193,561
2025
$28,365
$165,196
$193,561
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,572
$193,561

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Lending Group Inc
Conventional
$218,500
No
First
Jun 3, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,979
$7,021
3%
97%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,311/mo
+$50/mo
7.4%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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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2924 Mountain Ave | Property Details | No Agent List