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Days252Days on Market
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$1,750

3635 Morgan Bay St, El Paso, TX, 79936

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,446 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size4,325 sqft

Building Information

Year Built2018
Roof Type106
Garage Spaces2

Land Information

APNL225-999-0170-3500
SubdivisionLas Palmas Condominiums
Land UseResidential
Legal Description17 LAS PALMAS CONDOMINIUM #35 (4324.44 SQ FT) & 1/361% UND INT IN COMMON AREA
Census Tract010322
Assessed Land Value$33,350
Assessed Improvement Value$215,576
Assessment Year2025

About this property

OPEN FLOOR PLAN VERY BRIGHT HIGH CELINGS WITH WOOD BEANS MAKING THIS HOME REALLY COZY; 3 LARGE BEDROOMS 2 FULL BATHS; KITCHEN WITH KITCHEN ISLAND GRANITE; COMES WITH ALL APPLIANCES INCLUDING REFRIGERATOR. LAUNDRY ROOM; DOUBLE CAR GARAGE. EASY TO COMMUTE TO FT BLIS ; MONTANA; AIRPORT 1-10 AND JOE BATTLE. TENANTS HAVE ACCESS TO THE CLUB HOUSE; SWIMMING POOL' EXERCISE ROOM; PARTY ROOM AND MUCH MORE

Investor Tools

$139,279Estimated Mortgage Balance
$110,393Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Lourdes Chavez

CRC Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,229
$248,926
2025
$33,350
$215,576
$248,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,229
$248,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Conventional
$149,200
No
First
Oct 15, 2022
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,279
$109,647
44%
56%
$895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$895/mo
+$725/mo
7.8%

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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3635 Morgan Bay St | Property Details | No Agent List