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Owner Contacts

$205,000

NAL Estimated Property Value

606 Montecito Rd, El Paso, TX, 79915

$245,027 ARV

Off Market

3 Beds

1 Bath

1,700 Sq Ft

Single Family Residence

Built in 1953

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Space/Suspended

Cooling

AppliancesFree-Standing Gas Oven, Microwave

FlooringTile, Laminate

Exterior

Private Pool

Lot Size5,700 sqft

Building Information

Year Built1953

Stories1

Roof Type183

Garage Spaces1

Land Information

APNM684-999-0010-2600

SubdivisionMonte Cito #3

Land UseResidential

Legal DescriptionMONTE CITO #3 TR 26 (5700 SQ FT)

Census Tract004105

Assessed Land Value$26,733

Assessed Improvement Value$160,719

Assessment Year2025

About this property

Immaculately maintained updated one story home located in the heart of the eastside! This home features: fresh interior paint, newly remodeled bathroom, updated kitchen with granite countertops and brand new range, updated duct work and A/C! Entire property is fenced in with covered car port. Formals as you enter home with wood like flooring, ceiling fans throughout and updated light fixtures! Enormous family room with impressive brick fireplace that serves as the focal point. Huge enclosed bonus screened patio with tons of natural light. Close to Bel Air HS, grocery stores, park, shopping, I-10 plus much more!

Investor Tools

$205,000

Estimated Property Value

$110,181Estimated Mortgage Balance

$94,819Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$245,027

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,230 /month

Positive

Cash Flow Estimate:

$410 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$472/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,636

$187,452

2025

$26,733

$160,719

$187,452

Tax History

Year

Tax Paid

Assessed Value

2024

$4,636

$187,452

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$112,500

First

Mar 12, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$110,181

$94,819

46%

54%

$675/mo

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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