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$209,900

5708 LEXINGTON Drive, El Paso, TX, 79924

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.71 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyPre-ForeclosureHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesFree-Standing Gas Oven, Gas Cooktop, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size6,808 sqft

Building Information

Year Built1958
Stories1
Roof Type183

Land Information

APNT527-999-0400-1300
Lot Number5
SubdivisionTobin Park #2
Land UseResidential
Legal Description40 TOBIN PARK #2 LOT 5
Census Tract000206
Assessed Land Value$29,567
Assessed Improvement Value$122,893
Assessment Year2025

About this property

Welcome to 5708 Lexington Dr, a fully renovated 4-bedroom home thoughtfully updated to offer the perfect blend of comfort, functionality, and value. From the moment you step inside, you'll appreciate the bright, inviting atmosphere and the modern finishes that make this home truly move-in ready. The spacious layout provides flexibility for growing households, remote work, guests, or simply the opportunity to expand and personalize your space as your needs evolve. Outside, the generous backyard offers room to entertain, relax, or create your own outdoor retreat. Ideally situated in Northeast El Paso near Irvin High School, Crosby Elementary, shopping, dining, Fort Bliss, and convenient access to US-54 and Loop 375, everyday necessities and major destinations are just minutes away. Offering an exceptional balance of value, functionality, and location, this fully renovated 4-bedroom home presents a rare opportunity in today's market.

Investor Tools

$300,779Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Nicholas Parra

The Real Estate Agency

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,624
$152,460
2025
$29,567
$122,893
$152,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,624
$152,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$142,373
Yes
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,779
N/A
0%
145%
$1,958/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,380/mo
$1,958/mo
$-578/mo
8.0%

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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5708 LEXINGTON Drive, El Paso, TX 79924 | Property Details | No Agent List