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$273,000

NAL Estimated Property Value

505 De Soto Ave, El Paso, TX, 79912

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,455 Sq Ft
price_per_sqft$206.18 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesSee Remarks
FlooringVinyl

Exterior

Exterior FeaturesSee Remarks
Lot Size7,918 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APNC823-999-0400-5100
Lot Number6
SubdivisionCoronado Hills #3
Land UseResidential
Legal Description40 CORONADO HILLS #3 LOT 6 (7918 SQ FT)
Census Tract001117
Assessed Land Value$34,832
Assessed Improvement Value$163,893
Assessment Year2025

About this property

Welcome to this beautifully remodeled home! Featuring 4 bedrooms, 2 full bathroom with 1,455 sq ft in main area plus 336 in the back ready to make a Mother-in-Law or anything you'd like! Already equipped with heating and cooling. Where modern elegance meets comfort! Every detail has been thoughtfully updated, from the open-concept kitchen to the bathrooms. With spacious living areas, high-end finishes, and a backyard, this home is perfect for both entertaining and relaxation. Come see how stylish and functional living can be in this stunning space! Parks & shopping are convenient.

Investor Tools

Property Icon
$273,000
Estimated Property Value
$224,084Estimated Mortgage Balance
$48,916Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,604
$198,725
2025
$34,832
$163,893
$198,725
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,604
$198,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$228,800
No
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,084
$48,916
17%
82%
$1,372/mo

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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505 De Soto Ave | Property Details | No Agent List