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$413,000

NAL Estimated Property Value

6312 Franklin Red Dr, El Paso, TX, 79912

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,060 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Bathrooms Half 0.5Bathrooms Half 0.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesBuilt-In Electric Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
FlooringTile, Laminate

Exterior

Exterior FeaturesBalcony, Back Yard Access
Lot Size8,771 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APNF609-999-0100-2400
Lot Number24
SubdivisionFranklin Hills #6
Land UseResidential
Legal Description10 FRANKLIN HILLS #2 LOT 24 (8771.00 SQ FT)
Census Tract010213
Assessed Land Value$96,600
Assessed Improvement Value$305,341
Assessment Year2025

About this property

GREAT BRAND NEW RESIDENCE FOR SALE. Featuring a contemporary style, 4 bedrooms and three bathrooms, open living, dining and kitchen concept. Very big areas, high ceilings, huge kitchen with island, all stainless steel appliances included, beautiful porcelain flooring downstairs, and laminated flooring upstairs. Nice view of the Franklin Mountains, Big back patio, Front landscaping already in place. And many more features. This property is not under a Home Owner's Association. The 2024 property taxes were based on the vacant lsnd only. Central Appraisal District will assess the value of the new house, and property taxes will be based on that value.

Investor Tools

Property Icon
$413,000
Estimated Property Value
$319,796Estimated Mortgage Balance
$93,204Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,990
$401,941
2025
$96,600
$305,341
$401,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,990
$401,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$329,600
No
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,796
$93,204
22%
77%
$1,977/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,977/mo
$-377/mo
4.6%

City: El Paso