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$282,000

NAL Estimated Property Value

3040 Cascade Point Dr, El Paso, TX, 79938

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,910 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.64 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Gas Water Heater, Microwave, Refrigerator
FlooringTile, Laminate, Carpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size6,160 sqft

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNT287-999-2060-0500
Lot Number5
SubdivisionTierra Del Este #52
Land UseResidential
Legal Description206 TIERRA DEL ESTE #52 LOT 5 (6160.00 SQ FT)
Census Tract010367
Assessed Land Value$37,206
Assessed Improvement Value$243,513
Assessment Year2025

About this property

This custom-built GEM presents a rare opportunity—a captivating 3-bedroom, 2-bath sanctuary exuding elegance and comfort. Nestled in an established neighborhood, this residence boasts meticulous landscaping that showcases the pride of ownership. Entertain guests or savor family moments in the open, inviting living areas that extend effortlessly to the outdoor oasis. Embrace the outdoor beauty with the meticulously landscaped surroundings that creates an ambiance of serenity and offers a private retreat for relaxation or gatherings. This property radiates warmth, offering a lifestyle that harmonizes comfort and luxury. Make this exceptional home your haven and experience the epitome of fine living. Don't miss out, call today to make it yours!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,917
$280,719
2025
$37,206
$243,513
$280,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,917
$280,719

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
N/A
+$1,700/mo
7.2%

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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3040 Cascade Point Dr | Property Details | No Agent List