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$6,000

501 Rim Rd, El Paso, TX, 79902

On MarketInfo
Beds3 Beds
Baths5 Bath
Baths4,719 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesCooktop, Double Oven, Microwave, Refrigerator
FlooringCeramic Tile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size12,225 sqft

Building Information

Year Built2000
Roof Type104
Garage Spaces6

Land Information

APNR479-999-0020-0100
SubdivisionRim Road
Land UseResidential
Legal Description2 RIM ROAD 1 & W 10 FT OF 2 (12225 SQ FT)
Census Tract001502
Assessed Land Value$130,619
Assessed Improvement Value$1,125,195
Assessment Year2025

About this property

This incredible Mediterranean-style home in one of El Paso's most sought-after neighborhoods offers both elegance and functionality, perfect for luxurious living and entertaining. The extra-large master bedroom is a standout feature, boasting a magnificent view of downtown El Paso, with direct access to a covered patio for relaxing outdoor moments. Each of the other spacious bedrooms comes with its own private bathroom, providing ample space and privacy for family or guests. The home is designed with entertainment in mind, offering a formal living room, dining room, and a huge den, making it ideal for gatherings. Additionally, a loft and upstairs living space provide versatility for relaxation or activities. The beautifully maintained kitchen adds a touch of sophistication, while a peaceful office/study room provides the perfect space for work or quiet reflection. Swipe through the photos but schedule your in person visit today!

Investor Tools

$283,035Estimated Mortgage Balance
$972,779Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,535 /month
Positive
Cash Flow Estimate:
$2,512 /month

Interested in this property?

Oswaldo Chavez

Harris Real Estate Group, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,876
$1,255,814
2025
$130,619
$1,125,195
$1,255,814
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,876
$1,255,814

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tri State Mortgage Company
Conventional
$417,000
No
First
Jun 29, 2012
Jul 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,035
$972,779
77%
23%
$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

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501 Rim Rd | Property Details | No Agent List