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$230,000

3634 Morgan Bay St, El Paso, TX, 79936

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.28 / sqft
Year BuiltBuilt in 2007

About this property

Gorgeous Home in the Gated Las Palmas Condominiums -- Prime Location Step into a spacious family room featuring high ceilings and a cozy fireplace, creating an inviting atmosphere from the moment you enter. The open kitchen offers dark cabinetry, granite countertops, and stainless steel appliances -- including the refrigerator -- with direct access to the backyard and covered patio for easy indoor-outdoor living. The large master bedroom includes a walk-in closet and double vanity, providing comfort and convenience. This beautiful home is in excellent condition and sits within the desirable Las Palmas gated community, offering both privacy and a fantastic location. Don't miss out on this one -- it's truly move-in ready.

Investor Tools

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$242,615
Estimated Property Value
$164,000Estimated Mortgage Balance
$88,170Estimated Equity
32% 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
$1,456 /month
Positive
Cash Flow Estimate:
$485 /month

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Tim Keepers

RE/MAX Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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