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Owner Contacts

$619,000

NAL Estimated Property Value

308 Rio El Jardin Drive, El Paso, TX, 79932

Off Market

4 Beds

4 Bath

2,956 Sq Ft

$211.42 / sqft

Built in 2026

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Forced Air Unit

Cooling

AppliancesBuilt-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Tankless Water Heater

FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access

Lot Size14,500 sqft

Building Information

Year Built1993

Stories1

Roof Type172

Garage Spaces2

Land Information

APNR534-999-0010-8600

Lot Number30

SubdivisionRio Estancia

Land UseResidential

Legal Description1 RIO ESTANCIA LOT 30 & PT OF 25' VAC ROW (14500.00 SQ FT)

Census Tract001301

Assessed Land Value$74,729

Assessed Improvement Value$385,632

Assessment Year2025

About this property

Welcome to this stunning 4-bedroom, 3.5-bath home, complete with cozy coffee bar, and a mini master that's ideal for guests or multi-generational living. Soaring ceilings and an open floor plan greet you with warmth and natural light. The heart of the home--your kitchen--features modern stainless-steel appliances and generous counter space, perfect for family meals and weekend brunches. Start your morning with a fresh brew at the coffee bar or cozy up by the fireplace in the living room. The master bedroom offers a peaceful retreat with a spa-style bathroom, dual vanities, and a walk-in shower. Outside, enjoy a backyard made for entertaining or quiet moments under the sky.

Investor Tools

$619,000

Estimated Property Value

$0Estimated Mortgage Balance

$619,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,750 /month

Positive

Cash Flow Estimate:

$1,250 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$897/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,664

$460,361

2025

$74,729

$385,632

$460,361

Tax History

Year

Tax Paid

Assessed Value

2024

$7,664

$460,361

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$619,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,740/mo

N/A

+$1,740/mo

3.4%

Learn About the Market: Opportunity in El Paso

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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.

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