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$313,542

NAL Estimated Property Value

2987 Tierra Limon Dr, El Paso, TX, 79938

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,444 Sq Ft
price_per_sqft$137.05 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Dryer, Free-Standing Gas Oven, Microwave, Washer
FlooringTile, Carpet

Exterior

Exterior FeaturesBack Yard Access
Lot Size9,110 sqft

Building Information

Year Built2003
Roof Type106
Garage Spaces1

Land Information

APNT287-999-0160-1800
Lot Number18
SubdivisionTierra Del Este Unit 7
Land UseResidential
Legal Description16 TIERRA DEL ESTE #7 LOT 18 (9109.50 SQ FT)
Census Tract010352
Assessed Land Value$42,213
Assessed Improvement Value$271,329
Assessment Year2025

About this property

Spacious home with many upgrades to include Solar Panels minutes from Joe Battle, schools, Ft Bliss, Shopping and more! This two story beauty has master downstairs with private backyard access. Ample kitchen with granite counters and plenty of cabinet space with all stainless steel appliances to include a wine fridge. Extra fridge in utility room with washer and dryer included. All other bedrooms upstairs one with its own private bath. Walking distance to school, dog park and new water park.

Investor Tools

Property Icon
$313,542
Estimated Property Value
$290,193Estimated Mortgage Balance
$23,349Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,823
$313,542
2025
$42,213
$271,329
$313,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,823
$313,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstlight Fcu
Conventional
$294,500
No
First
Jul 1, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,193
$23,349
7%
93%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,766/mo
+$314/mo
8.0%

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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2987 Tierra Limon Dr | Property Details | No Agent List