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$239,950

3550 Vanderveer Dr, El Paso, TX, 79938

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.3 / sqft
Year BuiltBuilt in 1988

About this property

Recently remodeled property with two separate properties on one site. The main residence offers 3 bedrooms, 1 bath, and 1,288 sq ft. A detached rear unit adds approximately 550 sq ft with 1 bedroom, 1 bath, a separate entrance, and its own living accommodations. Based on current rental expectations, the main home may support approximately $1,400 per month and the rear unit approximately $800 per month. The lot size also offers generous exterior space with room for RV or trailer parking. Located near expanding residential subdivisions and continued development in this part of El Paso, the property is positioned within an area experiencing active new growth. Two living spaces on one property with options for owner occupancy, rental use, or a combination of both. Owner financing available with marginal credit.

Investor Tools

$0Estimated Mortgage Balance
$174,570Estimated Equity
100% equity
Estimated Cap Rate
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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?

Orlando Sandoval

Dolcetto Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/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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3550 Vanderveer Dr | Property Details | No Agent List