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$219,000

3905 Monroe Ave, El Paso, TX, 79930

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,395 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.78 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesFree-Standing Gas Oven, Gas Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,000 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APNM794-999-0350-3700
SubdivisionMorningside Heights
Land UseResidential
Legal Description35 MORNINGSIDE HEIGHTS 13 & 14 (6000 SQ FT)
Census Tract000901
Assessed Land Value$23,285
Assessed Improvement Value$123,756
Assessment Year2025

About this property

Income property, located close to Fort Bliss, Turnkey investment, this 3 bedroom 2 bath property has been updated, new refrigerated A/C, remodeled bathrooms, hardwood floors, Galley Kitchen, large backyard with storage shed, generating monthly revenue, call us for details.

Investor Tools

Property Icon
$219,000
Estimated Property Value
$92,400Estimated Mortgage Balance
$136,409Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,367 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,702
$147,041
2025
$23,285
$123,756
$147,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,702
$147,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$92,400
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,591
$136,409
62%
38%
$554/mo

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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