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Owner Contacts

$235,000

NAL Estimated Property Value

5112 Cornell Ave, El Paso, TX, 79924

Off Market

5 Beds

3 Bath

1,990 Sq Ft

$118.07 / sqft

Built in 1958

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Heating Forced Air Unit

Cooling

AppliancesDishwasher, Free-Standing Electric Oven, Microwave, Refrigerator

FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Front, Walled Backyard, Back Yard Access

Lot Size7,875 sqft

Building Information

Year Built1958

Stories1

Roof Type183

Land Information

APNM425-999-0280-2500

Lot Number7

SubdivisionA Milagro Hills #3

Land UseResidential

Legal Description28 MILAGRO HILLS #3 REPLAT LOT 7 (7875 SQ FT)

Census Tract000113

Assessed Land Value$37,151

Assessed Improvement Value$158,862

Assessment Year2025

About this property

This beautiful newly remodeled brick home features 5 bedrooms, 3 bathrooms, new stainless steel kitchen appliances, and custom wooden shutters throughout. The 5th bedroom is its own casita with an ensuite bathroom and private entrance separate from the main home perfect for your guests, in-laws, or even rental income. You'll love this move-in ready home featuring quartz countertops in the bathrooms, ceramic tile flooring, new carpet, and a long driveway perfect for RV parking. The spacious backyard comes equipped with privacy fencing and a large covered patio perfect for entertaining guests. Situated in a family-friendly neighborhood near shopping centers, great schools, and a huge community park. Don't miss the opportunity to make this your new home.

Investor Tools

$235,000

Estimated Property Value

$254,417Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,410 /month

Positive

Cash Flow Estimate:

$470 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$522/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,088

$196,013

2025

$37,151

$158,862

$196,013

Tax History

Year

Tax Paid

Assessed Value

2024

$5,088

$196,013

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

$256,275

Yes

First

Dec 5, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$254,417

N/A

108%

$1,537/mo

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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