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B+
NoAgentList RatingHow are grades calculated? Info

$242,000

3729 Morehead Ave, El Paso, TX, 79930

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,460 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Disposal, Free-Standing Gas Oven, Gas Water Heater, Range Hood
FlooringTile, Laminate, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size4,800 sqft

Building Information

Year Built1915
Stories1
Roof Type105
Garage Spaces2

Land Information

APNG686-999-0740-0100
SubdivisionA Grandview
Land UseResidential
Legal Description74 GRANDVIEW 1 & 2 & E 20 FT OF 3 (HOMESITE) (4800 SQ FT)
Census Tract000901
Assessed Land Value$23,868
Assessed Improvement Value$151,560
Assessment Year2025

About this property

Main home built in 1915, with a blend of timeless charm & modern convenience. Features 2 bedrooms & 2 bathrooms. Refrigerated A/C. An unfinished basement provides plenty of space for storage or the potential to create something special like a Wine Cellar. Adjacent to the main house is a double carport with a garage door & automatic opener. The carport includes a storage room with washer/dryer connections & even its own small water heater. The outdoor space is equally impressive. There is a convenient 1/2 bath located outside, ideal for use during gatherings or while enjoying the outdoors. A large, covered patio offers the perfect spot for entertaining guests or relaxing in the fresh air. Plus a workshop/storage room. Additionally, an attached unit built in 1980 has 2 bedrooms & 2 bathrooms, Evap Air. It is currently rented. There are 2 gas meters & 2 electric boxes that separate the units, however they share a water meter. Each unit also has its own washer/dryer connections. All windows replaced Nov/2024.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$187,500Estimated Mortgage Balance
$57,242Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,113
$175,428
2025
$23,868
$151,560
$175,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,113
$175,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$187,500
No
First
Jul 29, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,758
$57,242
23%
76%
$1,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,125/mo
+$236/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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3729 Morehead Ave | Property Details | No Agent List