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$203,000

NAL Estimated Property Value

4947 Marie Tobin Dr, El Paso, TX, 79924

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,230 Sq Ft
price_per_sqft$165 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Dryer, Free-Standing Gas Oven, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringTile

Exterior

Exterior FeaturesWalled Backyard
Lot Size6,408 sqft

Building Information

Year Built1956
Stories1
Roof Type183

Land Information

APNB348-999-0020-2100
Lot Number7
SubdivisionBellevue Village
Land UseResidential
Legal Description2 BELLEVUE VILLAGE LOT 7
Census Tract000206
Assessed Land Value$30,621
Assessed Improvement Value$166,420
Assessment Year2025

About this property

Take a look at this well maintained 3 Bed 2 Bath home in Northeast El Paso with an open floor plan. This home has been renovated with designer cabinets, granite countertops, recessed lighting and subway tile backsplash in the kitchen. The breakfast bar overlooks the living/dining area. The flooring is ceramic tile throughout the entre home with no carpet at all. Both bathrooms have been remodeled as well with quality finishes. All appliances will be included with the home (stove, microhood, refrigerator, dishwasher, and stackable washer & dryer). The living room is very spacious and features French doors that lead to your extended covered patio that offers plenty of space for entertaining or taking in those beautiful mountain views. The front is fully landscaped and the covered carport offers a side entrance to the kitchen. There is additional storage space by the carport and in the backyard. The refrigerated AC unit was installed brand new in 2024 and is still under warranty. Take a look before it's gone!

Investor Tools

Property Icon
$203,000
Estimated Property Value
$202,610Estimated Mortgage Balance
$390Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,690
$197,041
2025
$30,621
$166,420
$197,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,690
$197,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Va
$205,000
Yes
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,610
$390
0%
100%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,380/mo
$1,230/mo
+$150/mo
8.2%

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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