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$221,801

NAL Estimated Property Value

404 Lesa Ln, El Paso, TX, 79915

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,580 Sq Ft
price_per_sqft$120.25 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesSee Remarks
FlooringTile

Exterior

Exterior FeaturesSee Remarks
Lot Size6,000 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNC551-999-0030-5600
Lot Number14
SubdivisionCindy
Land UseResidential
Legal Description3 CINDY LOT 14 (6000 SQ FT)
Census Tract003801
Assessed Land Value$34,500
Assessed Improvement Value$187,301
Assessment Year2025

About this property

Great opportunity at the end of Lesa Lane on a quiet cul-de-sac. This home offers a solid layout, a beautiful kitchen that still shines, and tons of potential for the right buyer. The kitchen features granite countertops, an island, and opens nicely to the living area with a cozy fireplace that anchors the space. The home will need work and is priced with that in mind. Two bedrooms are missing flooring and are ready for tile installation, interior doors are currently removed, and there are visible holes and repairs needed throughout. This is not a finished remodel, but a chance to add value and customize the home to your vision. Set in a desirable location with privacy and a functional floor plan, this property is ideal for investors, flippers, or buyers looking for a project with upside. Bring your contractor, your ideas, and your imagination. The potential here is real. not vacant 2 hour notice Thank you

Investor Tools

Property Icon
$221,801
Estimated Property Value
$177,209Estimated Mortgage Balance
$44,592Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,331 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,470
$221,801
2025
$34,500
$187,301
$221,801
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,470
$221,801

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$177,721
Yes
First
Mar 30, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,209
$44,592
20%
80%
$1,066/mo

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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