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$380,000

6328 Franklin Ridge Dr, El Paso, TX, 79912

$392,882 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,386 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,863 sqft

Building Information

Year Built2004
Roof Type183
Garage Spaces1

Land Information

APNF609-999-0060-3300
Lot Number33
SubdivisionFranklin Hills #6
Land UseResidential
Legal Description6 FRANKLIN HILLS #1 LOT 33 (5863.01 SQ FT)
Census Tract010213
Assessed Land Value$65,900
Assessed Improvement Value$314,100
Assessment Year2025

About this property

Welcome to this beautiful two-story home featuring 3 spacious bedrooms, a loft perfect for a home office, and 2.5 bathrooms. Located in a highly desirable area, this residence offers stunning mountain views and generous living spaces ideal for both relaxing and entertaining. The fully landscaped yard enhances the outdoor experience, while the primary bedroom features a private balcony—perfect for enjoying the scenic surroundings. Did we mention this home includes Solar Panels and a Tesla Powerwall that have already been paid off! With an open layout, abundant natural light, and a thoughtful blend of comfort and style, this home is a rare find in a sought-after neighborhood.

Investor Tools

Property Icon
$380,000
Estimated Property Value
$339,794Estimated Mortgage Balance
$0Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$392,882
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,724
$380,000
2025
$65,900
$314,100
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,724
$380,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Fha
$339,794
Yes
First
Dec 15, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$674,660
N/A
0%
178%
$4,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$4,076/mo
$-2,116/mo
6.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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6328 Franklin Ridge Dr | Property Details | No Agent List