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$239,500

NAL Estimated Property Value

508 GRANADA Avenue, El Paso, TX, 79912

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,561 Sq Ft
price_per_sqft$127.16 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesSee Remarks
FlooringTile

Exterior

Exterior FeaturesBack Yard Access
Lot Size8,025 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APNC823-999-0480-1100
Lot Number4
SubdivisionCoronado Hills #3
Land UseResidential
Legal Description48 CORONADO HILLS #3 LOT 4 (8025 SQ FT)
Census Tract001117
Assessed Land Value$35,154
Assessed Improvement Value$204,346
Assessment Year2025

About this property

Unfinished 3-bedroom home featuring 1 full bath and 1¾ baths, offering a great opportunity to customize and complete to your vision. Property includes a substantial amount of materials already on site to continue the project. Located on the desirable west side with convenient access to major streets and just minutes from shopping, dining, and entertainment at The Shops at Solana. Ideal for investors or buyers looking to add their personal touch.

Investor Tools

Property Icon
$239,500
Estimated Property Value
$173,239Estimated Mortgage Balance
$66,261Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,437 /month
Positive
Cash Flow Estimate:
$479 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,525
$239,500
2025
$35,154
$204,346
$239,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,525
$239,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$185,250
No
First
Nov 22, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,239
$66,261
27%
72%
$1,111/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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508 GRANADA Avenue | Property Details | No Agent List