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$232,430

505 Araquaia Way, El Paso, TX, 79907

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.22 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Disposal, Range Hood
FlooringTile

Exterior

Exterior FeaturesPlayground
Lot Size6,575 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces1

Land Information

APNC731-999-0050-5300
Lot Number27
SubdivisionColonia Del Carmen
Land UseResidential
Legal Description5 COLONIA DEL CARMEN LOT 27 (6575 SQ FT)
Census Tract004103
Assessed Land Value$32,744
Assessed Improvement Value$199,686
Assessment Year2025

About this property

Welcome to your dream home! Nestled in a peaceful cul-de-sac, this stunning 4-bedroom, 2-bath residence offers the perfect blend of comfort, style, and outdoor living. Step inside to find a bright, open floor plan designed for both everyday living and entertaining. The heart of this home is its spectacular backyard oasis, featuring a huge outdoor kitchen complete with a built-in grill, ample counter space, and a cozy fireplace—ideal for hosting gatherings year-round. Whether you're enjoying a quiet evening under the stars or celebrating with friends, this backyard will be your favorite place to be. Don't miss your chance to own this rare find!

Investor Tools

Property Icon
$232,430
Estimated Property Value
$154,156Estimated Mortgage Balance
$95,752Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,397
$232,430
2025
$32,744
$199,686
$232,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,397
$232,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Fha
$154,156
Yes
First
Jul 15, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,678
$95,752
41%
59%
$925/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$925/mo
+$436/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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