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$1,450

508 COVINGTON RIDGE Way, El Paso, TX, 79928

On MarketInfo
Just AddedInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,167 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesWater Heater, Dishwasher, Disposal, Free-Standing Gas Oven, Microwave, Refrigerator
FlooringCeramic Tile, Carpet

Exterior

Lot Size5,506 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces1

Land Information

APNE077-000-0080-1400
Lot Number14
SubdivisionEastlake Estates Unit 1
Land UseResidential
Legal Description8 EASTLAKE ESTATES #2 LOT 14 (5506.00 SQ FT)
Census Tract010370
Assessed Land Value$24,777
Assessed Improvement Value$165,677
Assessment Year2025

About this property

Beautifully maintained 3-bedroom, 2-bath home offering over 1,600 square feet of comfortable living space. Conveniently located near Rojas Drive, Loop 375, I-10, shopping, dining, and schools, this home combines comfort and convenience. Enjoy outdoor living under the large covered patio overlooking a nicely landscaped backyard--ideal for relaxing evenings or weekend BBQs. Additional features include a 2-car garage and excellent access to major roadways. Move-in ready and exceptionally well cared for.*In addition to the base rent, residents are enrolled in our Resident Benefits Package (RBP) for an additional $50 per month. This package includes $100,000 in personal liability coverage, $25,000 in dog bite coverage (for registered animals), and $10,000 in contents coverage to help protect your belongings. You'll also receive monthly HVAC air filter delivery as required by the lease, $1 million in Identity Theft Protection through Aura, Credit Building support, and access to the Pinata Rewards Program.*

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Patrick Tuttle

Coldwell Banker Heritage R E

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,343
$190,454
2025
$24,777
$165,677
$190,454
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,343
$190,454

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Fha
$118,645
Yes
First
Aug 19, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,727
$93,273
46%
54%
$712/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$712/mo
+$778/mo
8.9%

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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508 COVINGTON RIDGE Way, El Paso, TX 79928 | Property Details | No Agent List