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Days78Days on Market
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$275,000

3072 Red Velvet Pl, El Paso, TX, 79938

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,749 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.23 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Refrigerator
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size5,368 sqft

Building Information

Year Built2017
Roof Type106
Garage Spaces1

Land Information

APNV639-999-0470-4900
Lot Number49
SubdivisionVentanas #8
Land UseResidential
Legal DescriptionBLK 47 VENTANAS #8 LOT 49
Census Tract010368
Assessed Land Value$32,476
Assessed Improvement Value$230,630
Assessment Year2025

About this property

Move-in ready and priced right for today's market. This 3-bedroom, 2.5-bath Metro Homes resale in Ventanas offers a clean, functional layout that shows well in person. Open living, dining, and kitchen areas create a bright, inviting space your buyers will appreciate. Primary suite includes a private bath and large walk-in closet. Secondary bedrooms share a convenient Jack and Jill layout, plus a powder room for guests. Refrigerated air, a double-attached garage, and a low-maintenance backyard with access. Located near shopping, dining, and easy access to major roads.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$197,918Estimated Mortgage Balance
$92,641Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Jese Gonzalez

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,621
$263,106
2025
$32,476
$230,630
$263,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,621
$263,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certainty Home Loans Llc
Va
$197,918
Yes
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,359
$92,641
34%
66%
$1,187/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,187/mo
+$513/mo
7.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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3072 Red Velvet Pl | Property Details | No Agent List