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$193,000

5461 Oleary Dr, El Paso, TX, 79938

Off MarketInfo
Baths0 Bath

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7.92 acres

Land Information

APNP592-000-0010-0400
SubdivisionPaso Del Rey
Land UseResidential
Legal Description1 PASO DEL REY 4 (EXC S 71.85 FT) (7.9208 AC)
Census Tract010364
Assessed Land Value$25,460
Assessed Improvement Value$2,700
Assessment Year2025

About this property

RAPID DEVELOPING AREA! El Paso is growing, and lots of potential on this 7.92 acre lot. This lot could be used to build your Dream home with maybe some horses or an investment opportunity. This property offers several possibilities for residential or commercial. (trucking company, build a warehouse, business spaces, apartment complex and the list goes on) A Privacy fence is found all the way around the property. O'leary is the frontage and paved road. This lot already includes water, electricity, phone line, cable and septic tank. Buyers need to do their own due diligence.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$13,431Estimated Mortgage Balance
$180,551Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$466
$28,160
2025
$25,460
$2,700
$28,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$466
$28,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C&L Service Corp
Stand Alone Second / Subordinate Position
$13,431
No
First
Jun 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,449
$180,551
93%
6%
$81/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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5461 Oleary Dr | Property Details | No Agent List