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$290,000

NAL Estimated Property Value

4612 Memphis Ave, El Paso, TX, 79903

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,726 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,164 sqft

Building Information

Year Built1987
Roof Type105
Garage Spaces2

Land Information

APNM329-999-0240-3200
Lot Number15
SubdivisionMesa Heights
Land UseResidential
Legal Description24 MESA HEIGHTS REPLAT E 40.50 FT OF W 83.0 FT OF LOT 15 (5163.75 SQ FT)
Census Tract002500
Assessed Land Value$25,252
Assessed Improvement Value$216,552
Assessment Year2025

About this property

ONLY 2 MINUTES FROM CASSIDY FORT BLISS GATE! This exquisite, newly remodeled large home features 4 spacious bedrooms and 2.5 stylish bathrooms, making it perfect for families or anyone seeking more space. Imagine waking up in a beautiful setting, surrounded by great views of the city. Located in a prime spot, you'll be just moments away from everything you need—shopping, dining, entertainment, and our military base FORT BLISS. Don't miss out on the opportunity to own this stunning residence! Schedule a viewing today and take the first step toward making this beautiful house your forever home!

Investor Tools

Property Icon
$290,000
Estimated Property Value
$191,274Estimated Mortgage Balance
$98,726Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$241,804
2025
$25,252
$216,552
$241,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,277
$241,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$195,000
No
First
Apr 29, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,274
$98,726
34%
66%
$1,170/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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4612 Memphis Ave | Property Details | No Agent List