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Owner Contacts

$179,313

NAL Estimated Property Value

5013 Joe Herrera Dr, El Paso, TX, 79924

$186,530 ARV

Off Market

3 Beds

2 Bath

1,377 Sq Ft

$127.09 / sqft

Built in 1956

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Forced Air Unit

Cooling

AppliancesSee Remarks

FlooringTile, Carpet

Exterior

Exterior FeaturesBack Yard Access

Lot Size7,015 sqft

Building Information

Year Built1957

Roof Type183

Garage Spaces1

Land Information

APNT527-999-0150-6400

SubdivisionTobin Park #1

Land UseResidential

Legal Description15 TOBIN PARK #1 W 28.15 FT OF 24 & E 42 FT OF 25 (7015 SQ FT)

Census Tract000206

Assessed Land Value$30,150

Assessed Improvement Value$149,163

Assessment Year2025

About this property

INCREDIBLE DEAL! Stunning 3-Bed, 2-Bath Home in El Paso - JUST $175,000! Welcome to 5013 Joe Herrera Dr, El Paso, TX 79924 — a beautifully updated gem that's move-in ready and packed with value! Whether you're a first-time buyer or looking for your next great investment, this home checks all the boxes. 3 Bedrooms | 2 Bathrooms | Only $175,000! --Freshly Painted Inside & Out - Enjoy a bright, clean, and modern feel throughout! --Brand-New Carpet - Soft underfoot and stylish in every room! --Updated Windows - Let the sunshine in while keeping energy bills low! --5-Year-Old Roof - Worry-free living with a newer roof over your head! --Fantastic Location - Close to parks, schools, shopping, and more! This home is the perfect blend of comfort, style, and affordability — and at this price, it won't last long! Schedule your tour today and fall in love with 5013 Joe Herrera Dr!

Investor Tools

$179,313

Estimated Property Value

$127,711Estimated Mortgage Balance

$51,602Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$186,529

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,076 /month

Positive

Cash Flow Estimate:

$359 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$446/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,461

$179,313

2025

$30,150

$149,163

$179,313

Tax History

Year

Tax Paid

Assessed Value

2024

$4,461

$179,313

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Willow Bend Mortgage Co

Conventional

$130,000

First

May 27, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$127,711

$51,602

28%

71%

$780/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,380/mo

$780/mo

+$600/mo

9.2%

Learn About the Market: Opportunity in El Paso

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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.

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