20Days on Market

1view

$288,500

553 Oakmont Pl, El Paso, TX, 79928

On Market

3 Beds

3 Bath

1,746 Sq Ft

Single Family Residence

$165.23 / sqft

Built in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Forced Air Unit

Cooling

AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Electric Oven, Gas Cooktop, Microwave, Refrigerator

FlooringTile, Carpet

Exterior

Exterior FeaturesGazebo

Lot Size5,500 sqft

Building Information

Year Built2024

Roof Type105

Garage Spaces400

Land Information

APNE743-004-0100-1300

Lot Number13

SubdivisionEmerald Heights #4

Land UseSfr Inventory Discount

Legal DescriptionBLK 10 EMERALD HEIGHTS #4 LOT 13

Census Tract010362

Assessed Land Value$32,518

Assessed Improvement Value$53,434

Assessment Year2025

About this property

Beautiful and almost New Tropicana home (FRIDA floor plan). Offering 3 bedrooms and 3 bathrooms, including 2 spacious main rooms perfect for multi-generational living or added guest comfort... Located in a desirable neighborhood directly across from a park. This thoughtfully designed property offers a gourmet kitchen with modern finishes, ideal for entertaining and everyday living. Step outside to a beautifully landscaped backyard complete with a charming gazebo, creating the perfect space for relaxing or hosting gatherings. Move-in ready and exceptionally well maintained, this home combines comfort, style, and functionality in every detail. CALL your agent for a showing today.

Investor Tools

$178,053Estimated Mortgage Balance

$106,947Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,731 /month

Positive

Cash Flow Estimate:

$577 /month

Interested in this property?

Ericka Nevarez Torres

Realty One Group Mendez Burk

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$191/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$866

$85,952

2025

$32,518

$53,434

$85,952

Tax History

Year

Tax Paid

Assessed Value

2024

$866

$85,952

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Patriot Mortgage Co

Fha

$182,081

Yes

First

Feb 25, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$178,053

$106,947

37%

62%

$1,092/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,490/mo

$1,092/mo

+$398/mo

6.3%

Learn About the Market: Opportunity in El Paso

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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.

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