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$205,000

3034 Monroe Ave, El Paso, TX, 79930

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,128 Sq Ft
price_per_sqft$96.33 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesBuilt-In Gas Oven, Cooktop, Double Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator
FlooringTile, Laminate, Carpet

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size6,600 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APNS804-999-0020-7300
SubdivisionSummit Place
Land UseResidential
Legal Description2 SUMMIT PLACE 41 & E 15 FT OF 40 & W 15 FT OF 42 (6600 SQ FT)
Census Tract000901
Assessed Land Value$30,894
Assessed Improvement Value$156,656
Assessment Year2025

About this property

Charming single story home featuring 3 bedrooms and 2 bathrooms, plus a detached studio apartment with a half bath. This property sits in a central location with lovely views of the Franklin Mountains, placing you near schools, shopping, dining, and easy access to US 54 and Ft. Bliss. The main home includes spacious bedrooms and comfortable living areas with plenty of natural light. The detached studio apartment creates flexible possibilities, ideal for mutli-family living or an income-producing rental. The property needs a little TLC, making it a great opportunity for someone who enjoys personalizing a home and building equity. With its versatile layout, mountain views, and central location, a little vision and updating could transform this into a great investment property or personal home.

Investor Tools

$0Estimated Mortgage Balance
$218,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

Interested in this property?

Candelaria Garcia

EXIT Southwest Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,921
$187,550
2025
$30,894
$156,656
$187,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,921
$187,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$218,000
100%
0%
$0/mo

City: El Paso

3034 Monroe Ave | Property Details | No Agent List