B+

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Owner Contacts

$436,000

NAL Estimated Property Value

6417 Franklin Ridge Dr, El Paso, TX, 79912

Off Market

4 Beds

4 Bath

2,394 Sq Ft

Single Family Residence

$183.79 / sqft

Built in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Forced Air Unit

Cooling

AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Refrigerator

FlooringVinyl, Carpet

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size7,100 sqft

Building Information

Year Built2002

Roof Type105

Garage Spaces2

Land Information

APNF609-999-0050-5000

Lot Number50

SubdivisionFranklin Hills #6

Land UseResidential

Legal Description5 FRANKLIN HILLS #1 LOT 50 (7099.62 SQ FT)

Census Tract010213

Assessed Land Value$67,339

Assessed Improvement Value$340,065

Assessment Year2025

About this property

Welcome to your new home! This spacious 4-bedroom, 3.5-bath residence perfectly combines comfort, style, and convenience. Nestled in a desirable neighborhood, you'll enjoy quick access to schools, shopping, I-10, and Loop 375. Enjoy the flexibility of a main level primary-suite, complemented by a more spacious primary suite upstairs, two additional bedrooms, and a versatile loft that's perfect for a study area or hangout space. Step out onto your private balcony and take in stunning mountain and sunset views. The backyard is designed for easy enjoyment with artificial grass and a heated, sparkling pool -- ideal for relaxing or entertaining. Major updates include replaced windows in 2019, a new A/C and heating unit and pool filter in 2023 and water heater in 2025. Washer/Dryer and Curtains do not convey.

Investor Tools

$436,000

Estimated Property Value

$350,776Estimated Mortgage Balance

$85,224Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,640 /month

Positive

Cash Flow Estimate:

$880 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$827/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,746

$407,404

2025

$67,339

$340,065

$407,404

Tax History

Year

Tax Paid

Assessed Value

2024

$7,746

$407,404

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$359,828

Yes

First

Dec 31, 2024

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$350,776

$85,224

19%

80%

$2,158/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,158/mo

$-198/mo

5.4%

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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