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$225,663

NAL Estimated Property Value

3411 Memphis Ave, El Paso, TX, 79930

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,160 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1932

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDishwasher, Free-Standing Gas Oven, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size4,560 sqft

Building Information

Year Built1932
Stories1
Roof Type106
Garage Spaces1

Land Information

APNA520-999-0520-4100
SubdivisionAltura Park
Land UseResidential
Legal Description52 ALTURA PARK 23 & W 1/2 OF 24 (4560 SQ FT)
Census Tract001002
Assessed Land Value$24,962
Assessed Improvement Value$200,701
Assessment Year2025

About this property

This Charming remodeled one-story home features 3 bedrooms and 2 updated baths, showcasing modern colors and finishes throughout. The open and inviting layout offers comfort and style, with refrigerated air to keep you cool year-round. Enjoy a nice-sized, low-maintenance backyard perfect for relaxing or entertaining, complete with a handy storage shed. Ideally located in central El Paso, this home combines convenience, comfort, and great value.

Investor Tools

Property Icon
$225,663
Estimated Property Value
$185,481Estimated Mortgage Balance
$40,182Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,989
$225,663
2025
$24,962
$200,701
$225,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,989
$225,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$196,278
Yes
First
May 2, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,481
$40,182
17%
82%
$1,177/mo

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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3411 Memphis Ave | Property Details | No Agent List