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$592,000

NAL Estimated Property Value

524 S Festival Dr, El Paso, TX, 79912

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.5 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Built-In Electric Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Water Softener Owned
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Balcony
Lot Size4,713 sqft

Building Information

Year Built2017
Roof Type104
Garage Spaces2

Land Information

APNM649-999-0120-0900
Lot Number9
SubdivisionMontecillo #4a
Land UseResidential
Legal DescriptionBLK 12 MONTECILLO #4A LOT 9
Census Tract001115
Assessed Land Value$78,003
Assessed Improvement Value$409,516
Assessment Year2025

About this property

Come see this Move-in ready, lock and leave home for sale in Montecillo! This 4 bedroom features a well-thought out use of 2524 sq ft. with tall ceilings and high end finishes. It also comes with use of the popular Elmont entertainment space and waterpark! The location is convenient to plenty of entertainment, city buses, and shopping, all while being a quiet and peaceful neighborhood. With 2 covered patios and an outdoor kitchen, it is easy to entertain and enjoy our beautiful El Paso weather.

Investor Tools

Property Icon
$592,000
Estimated Property Value
$301,790Estimated Mortgage Balance
$290,210Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,597 /month
Positive
Cash Flow Estimate:
$1,199 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,047/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,603
$487,519
2025
$78,003
$409,516
$487,519
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,603
$487,519

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendus Llc
Conventional
$339,000
No
First
Sep 2, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,790
$290,210
49%
51%
$2,033/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,183/mo
$-223/mo
4.0%

City: El Paso

524 S Festival Dr | Property Details | No Agent List