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$210,000

5008 Salem Dr, El Paso, TX, 79924

$250,382 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.06 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Range Hood
FlooringConcrete

Exterior

Private PoolPrivate Pool
Lot Size6,500 sqft

Building Information

Year Built1976
Stories1
Roof Type105

Land Information

APNA642-999-0290-0500
Lot Number3
SubdivisionApollo Heights
Land UseResidential
Legal Description29 APOLLO HEIGHTS LOT 3 (6500 SQ FT)
Census Tract000106
Assessed Land Value$38,464
Assessed Improvement Value$171,536
Assessment Year2025

About this property

Northeast Gem, Single story Home with swimming pool, 3-bedroom, 2 bath, Cozy sunroom, Utility room, private fencing, minutes away from schools and shopping center. Ideal for entertaining family and friends. Great location, call for you appointment today.

Investor Tools

Property Icon
$210,000
Estimated Property Value
$199,643Estimated Mortgage Balance
$13,872Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$250,382
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,512
$210,000
2025
$38,464
$171,536
$210,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,512
$210,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jesus Manuel Reza Jr Etal
Commercial
$199,643
No
First
May 29, 2025
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,128
$13,872
6%
93%
$1,197/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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5008 Salem Dr | Property Details | No Agent List