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$589,000

321 W Rio Grande Ave, El Paso, TX, 79902

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,804 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1904

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
FlooringCarpet, Hardwood

Exterior

Lot Size9,000 sqft

Building Information

Year Built1904
Roof Type105
Garage Spaces2

Land Information

APNS979-999-0070-6700
SubdivisionSunset Heights
Land UseResidential
Legal Description7 SUNSET HEIGHTS 60 & 61 & 43 (9000.00 SQ FT)
Census Tract001600
Assessed Land Value$69,723
Assessed Improvement Value$296,946
Assessment Year2025

About this property

Charming Historic Home Near Downtown and UTEP! Discover timeless elegance in this beautiful 5-bedroom, 2-bathroom home located in the historic Sunset Heights district. This immaculate residence features a grand foyer with hardwood floors, refined formal living and dining areas—ideal for holiday gatherings—and an updated, spacious kitchen. Enjoy modern comforts with refrigerated air, an oversized formal living room, and a stunning balcony. Beautiful and cozy backyard. Complete with a detached 2-car garage, this home combines historic charm with modern convenience in a prime location.

Investor Tools

Property Icon
$589,000
Estimated Property Value
$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$972/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,722
$366,669
2025
$69,723
$296,946
$366,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,722
$366,669

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,664/mo
N/A
+$1,664/mo
3.4%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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321 W Rio Grande Ave | Property Details | No Agent List