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B+
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Days134Days on Market
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$220,000

3507 Bisbee Ave, El Paso, TX, 79903

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,414 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.59 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesBuilt-In Gas Oven
FlooringTile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size6,290 sqft

Building Information

Year Built1928
Stories1
Roof Type105
Garage Spaces2

Land Information

APNE014-999-1360-1100
SubdivisionA East El Paso
Land UseResidential
Legal Description136 EAST EL PASO 4 & S 90 FT OF E 18.5 FT OF 3 & N 50 FT OF E 22.5 FT OF 3
Census Tract002400
Assessed Land Value$27,082
Assessed Improvement Value$218,316
Assessment Year2025

About this property

Remodeled 1928 brick home offering character, functionality, and future potential in a central El Paso location. The main residence features 1,014 square feet with 3 bedrooms and 1 bathroom, an open living area that flows into the kitchen, and a centrally located fireplace anchoring the living room. A Jack and Jill bathroom serves the primary and second bedroom, while the third bedroom is privately situated at the back of the home. The property also includes a detached stand-alone structure of approximately 400 square feet with an existing one-bedroom layout, kitchen, and bathroom. This space is not currently livable and will require additional improvements and utilities prior to use. Once completed, it offers potential for future rental income, guest quarters, or extended living space. Situated on a 0.14-acre lot with additional parking and storage, the property features classic brick construction with detailed siding. Conveniently located near downtown El Paso and Fort Bliss. Paid off solar panels!

Investor Tools

Property Icon
$245,398
Estimated Property Value
$180,500Estimated Mortgage Balance
$73,089Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,472 /month
Positive
Cash Flow Estimate:
$491 /month

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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
$5,763
$245,398
2025
$27,082
$218,316
$245,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,763
$245,398

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Valley Mortgage Group
Conventional
$180,500
No
First
Nov 21, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,309
$73,089
29%
70%
$1,083/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,083/mo
+$278/mo
6.7%

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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3507 Bisbee Ave | Property Details | No Agent List