$290,266
NAL Estimated Property Value3769 Covet Place, El Paso, TX, 79938
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Microwave
FlooringTile, Carpet
Exterior
Exterior FeaturesWalled Backyard
Lot Size5,960 sqft
Building Information
Year Built2024
Roof Type105
Garage Spaces380
Land Information
APNT287-090-0290-3800
Lot Number38
Land UseSingle Family Residence
Legal DescriptionBLK 29 TIERRA DEL ESTE #90 LOT 38
Census Tract010358
Assessed Land Value$63,654
Assessed Improvement Value$226,612
Assessment Year2025
About this property
Presenting our creation of elegance and affordability: The Daniela Contemporary Plan. This charming residence features 4 bedrooms and 2 bathrooms, located in a desirable neighborhood in the far east of El Paso. Enjoy the convenience of being just 5 minutes from the IDEA School off Edgemere, along with nearby amenities like a neighborhood park. With quick access to Ft. Bliss, Loop 375, and various dining and shopping options, this home perfectly blends comfort and convenience. Please note that the pictures are not of the actual home.
Investor Tools
$290,266
Estimated Property Value
$255,169Estimated Mortgage Balance
$35,097Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,742 /month
Positive
Cash Flow Estimate:
$581 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$290,266
2025
$63,654
$226,612
$290,266
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$290,266
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$260,942
Yes
First
Feb 28, 2025
Mar 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,169
$35,097
12%
88%
$1,565/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,565/mo
+$135/mo
7.0%
