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$174,000

45 S Boone St, El Paso, TX, 79905

PendingInfo
Beds4 Beds
Baths1 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesDryer, Electric Cooktop, Free-Standing Gas Oven, Microwave, Refrigerator, Washer
FlooringTile

Exterior

Lot Size6,000 sqft

Building Information

Year Built1963
Stories1
Roof Type183

Land Information

APNW096-999-0060-0100
SubdivisionWashington Park
Land UseResidential
Legal Description6 WASHINGTON PARK 1 & 2
Census Tract002900
Assessed Land Value$27,942
Assessed Improvement Value$109,151
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY! 2 IN 1 HOME with STUDIO in the back with land to continue building. BOTH UNITS RENTED GENERATING CASHFLOW. Located in a great calm neighborhood close to Children's Hospital, I-10, boarder highway and much more! With a beautiful park right in front. Main home has 3 bedrooms 1 full bathroom, Breakfast area, living room kitchen with stove fridge, Washer and Dryer. (currently rented) The back studio has been fully remodeled with new floors, minisplit, fresh paint new bathroom and new Kitchenette includes cooktop and microwave. (currently rented) CALL OR TXT ME FOR MORE INFO SE HABLA ESPANOL

Investor Tools

Property Icon
$174,000
Estimated Property Value
$126,100Estimated Mortgage Balance
$52,040Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,559
$137,093
2025
$27,942
$109,151
$137,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,559
$137,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$126,100
No
First
Jul 17, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,960
$52,040
29%
70%
$757/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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45 S Boone St | Property Details | No Agent List