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$553,000

NAL Estimated Property Value

6509 FRANKLIN COVE Place, El Paso, TX, 79912

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.73 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Gas Oven, Refrigerator
FlooringTile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size7,337 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APNF609-999-0160-0300
Lot Number3
SubdivisionFranklin Hills #6
Land UseResidential
Legal Description16 FRANKLIN HILLS #2 LOT 3 (7337.00 SQ FT)
Census Tract010213
Assessed Land Value$85,271
Assessed Improvement Value$399,651
Assessment Year2025

About this property

Upgrades galore on this 3094sqft 4bd/4ba jewel, tucked in a cul-de-sac of the highly desirable Franklin Hills neighborhood, whether you're after top rated schools, beautiful views or simply a home that has resort-like amenities and prestige, this home is for you! As you enter, you're received by beautiful custom wrought iron, travertine flooring downstairs and stylish laminate upstairs. Beautiful upgrades: such as, tall ceilings, 10ft doors, custom cabinetry, quartzite countertops, trendy fixtures, and a built-in bar area make this home the perfect place to gather and enjoy. The heart of the home is the custom kitchen, featuring upgraded cabinetry, beautiful quartzite countertops, and sleek black stainless steel appliances where modern style and functionality go hand in hand. The layout includes spacious bedrooms, a multi-use loft, and two primary suite bedrooms, one located on each floor. The outdoors features a heated pool and hot tub, a covered patio, perfect for entertaining. Schedule a Private tour now!

Investor Tools

Property Icon
$553,000
Estimated Property Value
$0Estimated Mortgage Balance
$553,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,318 /month
Positive
Cash Flow Estimate:
$1,106 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,767
$484,922
2025
$85,271
$399,651
$484,922
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,767
$484,922

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$553,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
4.3%

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

0.6%

Net Migration

Net Migration

Stable

Median Home Price

Median Home Price

$184,500

Unemployment Rate

Unemployment Rate

4.0%

Price Trend

Price Trend

+1.6% YoY

New Permits

New Permits

Dynamic Permit Feed

City: El Paso

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6509 FRANKLIN COVE Place | Property Details | No Agent List