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$245,000

NAL Estimated Property Value

3626 Morgan Bay St, El Paso, TX, 79936

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.7 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size4,429 sqft

Building Information

Year Built2018
Roof Type106
Garage Spaces2

Land Information

APNL225-999-0220-0900
SubdivisionLas Palmas Condominiums
Land UseResidential
Legal Description22 LAS PALMAS CONDOMINIUMS #9 (4427.82 SQ FT) & 1/361% UND INT IN COMMON AREA
Census Tract010322
Assessed Land Value$33,826
Assessed Improvement Value$211,174
Assessment Year2025

About this property

Spacious 3-bedroom, 2.5-bathroom house nestled within a secured gated community. This charming home features a modern kitchen with stainless stell appliances, a cozy living room and a private backyard patio perfect for perfect for entertaining. Residents have exclusive access to the community pool, fully equipped gym and clubhhouse for gatherings. With its convenient location and array of amenities, this property offers the perfect blend of comfort and luxury living.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$171,247Estimated Mortgage Balance
$73,753Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,126
$245,000
2025
$33,826
$211,174
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,126
$245,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$178,500
No
First
Feb 15, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,247
$73,753
30%
70%
$1,071/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,071/mo
+$909/mo
9.7%

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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3626 Morgan Bay St | Property Details | No Agent List