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$220,000

NAL Estimated Property Value

580 Sun Ray Way, El Paso, TX, 79928

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,535 Sq Ft
price_per_sqft$143.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Refrigerator
FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size5,533 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNE077-000-0150-1000
Lot Number10
SubdivisionEastlake Estates Unit 1
Land UseResidential
Legal Description15 EASTLAKE ESTATES #3 LOT 10 (5533.00 SQ FT)
Census Tract010370
Assessed Land Value$24,843
Assessed Improvement Value$176,734
Assessment Year2025

About this property

Priced at just $219,950! This 3-bedroom, 2-bath, 1,535 sq. ft. home is located in one of East El Paso's most coveted established neighborhoods with unbeatable convenience—fast access to Loop 375, I-10, and Eastlake Marketplace. Inside, enjoy an open layout, a cozy wood-burning fireplace, refrigerated air, and all appliances included for easy move-in. The landscaped front and backyard offer plenty of space to relax or entertain. As a bonus, the washer and dryer are included with competitive offers—making this an even better value. Sitting on a 5,533 sq. ft. lot, this home is the perfect blend of affordability, location, and comfort. A fantastic starter home or investment opportunity you won't want to miss!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$227,759Estimated Mortgage Balance
$220,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,418
$201,577
2025
$24,843
$176,734
$201,577
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,418
$201,577

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Lending Group Inc
Fha
$220,924
Yes
First
Nov 4, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,759
N/A
0%
104%
$1,378/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,378/mo
+$112/mo
8.1%

City: El Paso

580 Sun Ray Way | Property Details | No Agent List