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$258,000

NAL Estimated Property Value

301 Mardi Gras Dr, El Paso, TX, 79912

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
price_per_sqft$152.33 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Microwave
FlooringTile

Exterior

Exterior FeaturesWalled Backyard
Lot Size8,463 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APNF315-999-0110-2900
Lot Number15
SubdivisionFiesta Hills #4
Land UseResidential
Legal Description11 FIESTA HILLS REPLAT LOT 15
Census Tract001114
Assessed Land Value$42,917
Assessed Improvement Value$145,492
Assessment Year2025

About this property

Introducing a charming 3-bedroom, 2-bathroom home with 1,490 square feet of beautifully maintained living space. This updated residence showcases sleek tile flooring throughout, providing a clean and modern look. The spacious open layout is ideal for family gatherings and entertaining, while the contemporary kitchen is equipped with stainless steel appliances and stylish finishes. Each generously sized bedroom is filled with natural light, and the well-maintained bathrooms add convenience to daily life. Situated in a convenient and developed location, this home is close to everything from shops and gyms to restaurants. The backyard serves as an empty canvas with tons of potential for your personal touch. This home will be available for viewing at the end of the month, so don't miss the opportunity to explore this gem! Stay tuned for more details and schedule your visit soon. Won't last long!

Investor Tools

Property Icon
$258,000
Estimated Property Value
$251,559Estimated Mortgage Balance
$6,441Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,711
$188,409
2025
$42,917
$145,492
$188,409
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,711
$188,409

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$252,287
Yes
First
Mar 16, 2026
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,559
$6,441
2%
98%
$1,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,513/mo
+$87/mo
7.4%

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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301 Mardi Gras Dr | Property Details | No Agent List