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$294,000

3640 Bob Snead Drive, El Paso, TX, 79938

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,776 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Tankless Water Heater
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size5,612 sqft

Building Information

Year Built2024
Garage Spaces399

Land Information

APNT287-090-0240-2700
Lot Number27
Land UseSingle Family Residence
Legal DescriptionBLK 24 TIERRA DEL ESTE #90 LOT 27
Census Tract010358
Assessed Land Value$61,283
Assessed Improvement Value$173,157
Assessment Year2025

About this property

Experience the elegance of the Pine Valley Spanish floor plan, a premier design by LEH Luxury Homes in the Tierra Del Este community of East El Paso. This stunning 3-bedroom, 2-bathroom plus a flex room residence combines superior design with top-notch construction features: High Efficiency: Enjoy the benefits of spray foam insulation in living areas and garage, along with a 14 SEER HVAC system. Sophisticated Details: Admire the finished plywood cabinets with decorative lighting and stylish window shutters. Spacious Interiors: Benefit from the open feel with impressive 10-foot ceilings throughout the entry, living room, dining area, and kitchen. This home offers remarkable value and a unique opportunity for all buyers. Contact us today to schedule your appointment and explore the luxury of LEH Homes!

Investor Tools

Property Icon
$294,000
Estimated Property Value
$0Estimated Mortgage Balance
$5,555Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$234,440
2025
$61,283
$173,157
$234,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$234,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$294,516
No
First
Mar 21, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,445
$5,555
1%
98%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,766/mo
$-66/mo
6.9%

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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3640 Bob Snead Drive | Property Details | No Agent List