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$488,130

NAL Estimated Property Value

2988 Tierra Cortez Ave, El Paso, TX, 79938

$525,946 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,622 Sq Ft
price_per_sqft$101.67 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesFree-Standing Gas Oven, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,728 sqft

Building Information

Year Built2004
Roof Type105
Garage Spaces1

Land Information

APNT287-999-0690-0300
Lot Number3
SubdivisionTierra Del Este Unit 15
Land UseResidential
Legal Description69 TIERRA DEL ESTE #15 LOT 3 (8728.20 SQ FT)
Census Tract010329
Assessed Land Value$35,862
Assessed Improvement Value$452,268
Assessment Year2025

About this property

Welcome to a duplex that feels like home. Beautifully kept and fully occupied, these units offer generous 3-bedroom floor plans with thoughtful touches like master bedroom alcoves for your office or nursery. Enjoy the privacy of separate backyards and the convenience of attached garages. Located in a peaceful cul-de-sac, this property balances neighborhood charm with easy city access to I-10 and Ft. Bliss. Truly a unique find for any serious buyer. Please have a look through the property with the virtual tour. Them make an appointment to see this lovely duplex in person.

Investor Tools

Property Icon
$488,130
Estimated Property Value
$343,444Estimated Mortgage Balance
$144,686Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$525,945
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,929 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,564
$488,130
2025
$35,862
$452,268
$488,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,564
$488,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$349,600
No
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,444
$144,686
29%
70%
$2,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$2,097/mo
$-397/mo
4.2%

City: El Paso

2988 Tierra Cortez Ave | Property Details | No Agent List