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$210,000

5421 Gate Ridge Cir, El Paso, TX, 79932

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,006 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.75 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesFree-Standing Gas Oven, Refrigerator, See Remarks
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size4,880 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces1

Land Information

APNT250-999-0010-0480
Lot Number48
SubdivisionThorn Ridge
Land UseResidential
Legal Description1 THORN RIDGE LOT 48 (4880.00 SQ FT)
Census Tract001204
Assessed Land Value$30,472
Assessed Improvement Value$146,496
Assessment Year2025

About this property

Such a great starter home opportunity! Single-story living with quick freeway access and low-maintenance turf landscaping. Offering 3 bedrooms, 2 baths, no carpet, freshly painted, and a water softener system for added comfort ready for its next owner!

Investor Tools

Property Icon
$210,000
Estimated Property Value
$99,794Estimated Mortgage Balance
$118,184Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,071
$176,968
2025
$30,472
$146,496
$176,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,071
$176,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$99,794
No
First
Feb 4, 2022
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,816
$118,184
56%
44%
$599/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$599/mo
+$821/mo
8.1%

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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5421 Gate Ridge Cir | Property Details | No Agent List