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$240,000

3424 La Luz Ave, El Paso, TX, 79903

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.19 / sqft
Year BuiltBuilt in 1928

About this property

Stunning house in the heart of Central El Paso. Blends modern amenities with timeless character, creating a home that is both stylish and inviting. Ideally locates in one of most exciting up-and-coming neighborhoods, you will enjoy breathtaking Franklin Mountain views, easy alley access, and the convenience of being within walking distance to parks, shipping, dining and other commercial amenities. Gorgeaous oak hardwood floors, granite countertop, amazing kitchen with an adjacent laundry room for added convenience. 3 bedrooms, 1.5 bathrooms. the basement could be a man cave, home office, gym, hobby room or storage. Don't miss the opportunity to own this one-of-a-kind Central El Paso gem

Investor Tools

$0Estimated Mortgage Balance
$79,759Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Rossana Patton

PPR-Real Estate Investment Ser

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

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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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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