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$450,000

5844 Mira Serena Dr, El Paso, TX, 79912

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths2,236 Sq Ft
Condos / TownhousesCondos / Townhouses
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.75Bathrooms Full 3.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Gas Cooktop, Microwave
FlooringTile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3,968 sqft

Building Information

Year Built1979
Roof Type183
Garage Spaces2

Land Information

APNC214-999-0020-9924
Lot Number123
SubdivisionCasitas Coronado
Land UseResidential
Legal Description2 CASITAS CORONADO LOT 123 (3968 SQ FT)
Census Tract010214
Assessed Land Value$39,999
Assessed Improvement Value$277,977
Assessment Year2025

About this property

Casitas Coronado - West Side Living Gated community with security Tennis courts, swimming pool & clubhouse Nestled by the Franklin Mountains 3 bedrooms, 3 bathrooms Spacious patio with stunning mountain views Remodeled chef's kitchen with stainless steel appliances Upgraded master bath with ensuite shower

Investor Tools

$189,112Estimated Mortgage Balance
$239,888Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,057
$317,976
2025
$39,999
$277,977
$317,976
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,057
$317,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Stand Alone First / Home Equity First Lien
$212,000
No
First
Oct 1, 2020
Nov 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,112
$239,888
55%
44%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,602/mo
$-2/mo
4.5%

Learn About the Market: Opportunity in El Paso

Local Market Pages
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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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