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$192,000

5516 Fairbanks Dr, El Paso, TX, 79924

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,303 Sq Ft
price_per_sqft$147.35 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesFree-Standing Gas Oven, Refrigerator
FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard
Lot Size8,129 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APNC741-999-0140-2500
SubdivisionColonia Verde
Land UseResidential
Legal Description14 COLONIA VERDE #3 5 & E 2.48 FT OF 4
Census Tract000110
Assessed Land Value$35,792
Assessed Improvement Value$159,510
Assessment Year2025

About this property

Welcome to this well maintained 3-bedroom, 2-bath home in the northeast area. Sitting on a spacious 0.19 acre lot, this property offers plenty of lot to entertain and enjoy outdoor living. Conviently located near schools, shopping centers, restaraunts, and Fort Bliss. Don't miss this opportunity to make this home your own!

Investor Tools

$169,263Estimated Mortgage Balance
$26,039Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,172 /month
Positive
Cash Flow Estimate:
$391 /month

Interested in this property?

Arshia Bahadori

PCS Home Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,070
$195,302
2025
$35,792
$159,510
$195,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,070
$195,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Va
$180,048
Yes
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,263
$26,039
13%
87%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,380/mo
$1,080/mo
+$300/mo
8.5%

City: El Paso

5516 Fairbanks Dr | Property Details | No Agent List