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Owner Contacts

$462,000

NAL Estimated Property Value

610 Mississippi Ave, El Paso, TX, 79902

Off Market

3 Beds

2 Bath

1,602 Sq Ft

$274.66 / sqft

Built in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Dryer, Fan Hood, Free-Standing Gas Oven, Gas Water Heater, Refrigerator, Washer

FlooringTile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Walled Backyard, Back Yard Access

Lot Size7,500 sqft

Building Information

Year Built1930

Stories1

Roof Type106

Garage Spaces1

Land Information

APNK216-999-0300-7900

SubdivisionKern Place

Land UseResidential

Legal Description30 KERN PLACE 40 & 41 & E 1/2 OF 42 (7500 SQ FT)

Census Tract001502

Assessed Land Value$59,040

Assessed Improvement Value$275,912

Assessment Year2025

About this property

Charming single story Santa Fe home located in Kern & conveniently located to downtown El Paso, hospitals, shopping, & restaurants. Living room with kiva fireplace and wooden beams, large formal dining room with French doors. 3 Bedrooms with hardwood floors and updated bathrooms. Nice kitchen with beautiful cabinets, corner sitting area, stainless appliance package. Downstairs basement with small office and utility room. Beautiful backyard with covered patio, fireplace, and outdoor kitchen. Side yard with fruit trees. (Amenities: Workshop, 2 car garage, single carport, granite tops in kitchen, tile roof, hardwood floors, updated bathrooms. and close to park)

Investor Tools

$462,000

Estimated Property Value

$0Estimated Mortgage Balance

$462,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,772 /month

Positive

Cash Flow Estimate:

$924 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$524/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,980

$334,952

2025

$59,040

$275,912

$334,952

Tax History

Year

Tax Paid

Assessed Value

2024

$3,980

$334,952

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$462,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,361/mo

N/A

+$1,361/mo

3.5%

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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