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$229,950

5240 Blue Ridge Dr, El Paso, TX, 79904

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.09 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWater Heater, Gas Cooktop
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size6,272 sqft

Building Information

Year Built1955
Stories1
Roof Type183
Garage Spaces1

Land Information

APNM851-999-0500-6100
Lot Number1233
SubdivisionMountain View
Land UseResidential
Legal Description50 MOUNTAIN VIEW LOT 1233
Census Tract000302
Assessed Land Value$28,241
Assessed Improvement Value$141,547
Assessment Year2025

About this property

This stunningly remodeled home with a pool & newly landscaped backyard is ready for Summer of '26! Featuring Refrigerated Air, double-pane windows, an open layout with 3 well sized bathrooms plus an additional room that could be easily be converted to a 4th bedroom, office or home gym. The main bathroom is beautifully remodeled with all new shower and wall tile, a new vanity, LED mirror, rainfall shower head and a shower glass door. The fully remodeled kitchen features sleek black cabinetry, island with waterfall, black quartz countertops, stainless steel appliances and a brick accented wall giving it a stylish industrial look! With upgraded light fixtures throughout, LED spotlights, zebra window shades on most major windows and wood-look tile flooring, style and functionality abound in this home! The backyard features new artificial turf and modern patio cover. Enjoy the security of a front wall & gate enclosing the front yard & a covered carport. Schedule a tour today!

Investor Tools

$92,345Estimated Mortgage Balance
$132,995Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

David Bagby Cantu

Alpha Omega Real Estate Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,904
$169,788
2025
$28,241
$141,547
$169,788
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,904
$169,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$100,000
No
First
Apr 21, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,345
$132,655
58%
41%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$600/mo
+$761/mo
7.3%

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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5240 Blue Ridge Dr | Property Details | No Agent List