Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$494,000

407 Lombardy Ave, El Paso, TX, 79922

Off MarketInfo
Baths0 Bath
FarmFarm

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.01 acres

Land Information

APNM722-999-0010-0300
Lot Number3
SubdivisionMonte Vista #4 Replat B
Land UseResidential
Legal DescriptionBLK 1 MONTE VISTA #4 REPLAT B LOT 3
Census Tract001302
Assessed Land Value$64,880
Assessment Year2025

About this property

Beautiful prime Upper Valley lot for residential dream home new build. Select your own builder. Irrigation and water rights. Horses ok. This is the back and largest lot of the panhandle lots. It will have a private road leading to the lot. Lombardy is a quiet El Paso Country Club residential neighborhood where many of the homes are new and on substantial land. This is a newly subdivided lot with a survey and final city approval. Utilities at Lombardy.

Investor Tools

Property Icon
$494,000
Estimated Property Value
$0Estimated Mortgage Balance
$494,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,684
$64,880
2025
$64,880
N/A
$64,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,684
$64,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$494,000
100%
0%
$0/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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

407 Lombardy Ave | Property Details | No Agent List