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$475,000

$484,500

609 Alethea Park Dr, El Paso, TX, 79902

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,205 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.42 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesWater Heater, Disposal, See Remarks
FlooringLaminate

Exterior

Exterior FeaturesSee Remarks, Back Yard Access
Lot Size12,320 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APNK216-999-0570-4900
SubdivisionKern Place
Land UseResidential
Legal Description57 KERN PLACE PT OF 9 TO 11 (77 FT ON ALETHEA) (12320 SQ FT)
Census Tract001501
Assessed Land Value$73,033
Assessed Improvement Value$399,992
Assessment Year2025

About this property

Unique Opportunity in Kern Place! Beautiful and spacious home with a separate casita in one of the most desirable neighborhoods! This recently renovated 4-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living and entertaining. Located in the prestigious Kern Place subdivision, the property offers both comfort and style. In addition, the home includes a 1-bedroom, 1-bath casita in the back--ideal for guests, extended family, or as a potential income-producing rental. Don't miss this incredible opportunity to own a versatile property in a prime location--schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$341,041Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Javier Cosme

Texas Ally Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,996
$473,025
2025
$73,033
$399,992
$473,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,996
$473,025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,664/mo
N/A
+$1,664/mo
3.7%

City: El Paso

609 Alethea Park Dr | Property Details | No Agent List