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Owner Contacts

$246,126

NAL Estimated Property Value

7009 Faxon Dr, El Paso, TX, 79924

Off Market

3 Beds

3 Bath

1,525 Sq Ft

Built in 2016

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

Garage Available

Heating Forced Air Unit

Cooling

FlooringSee Remarks

Exterior

Lot Size5,250 sqft

Building Information

Year Built2016

Roof Type105

Garage Spaces2

Land Information

APNS782-999-0110-0300

Lot Number3

SubdivisionSummerlin

Land UseResidential

Legal Description11 SUMMERLIN LOT 3 (5250.00 SQ FT)

Census Tract000208

Assessed Land Value$42,683

Assessed Improvement Value$203,443

Assessment Year2025

About this property

Welcome to this beautiful 3-bedroom, 2.5-bathroom home featuring an open and inviting layout. This property offers plenty of space with a large backyard, perfect for entertaining, relaxing, or creating your dream outdoor retreat. Inside, you'll enjoy a spacious loft areaâ€”ideal for a home office, playroom, or second living space. The home is move-in ready and equipped with refrigerated air, keeping you comfortable year-round. Conveniently located just minutes from Fort Bliss, with quick access to major highways, schools, shopping, and dining, this home combines comfort and convenience in one perfect package. Don't miss the chance to make this well-maintained property your new home!

Investor Tools

$246,126

Estimated Property Value

$227,446Estimated Mortgage Balance

$18,680Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,477 /month

Positive

Cash Flow Estimate:

$492 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$596/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,923

$246,126

2025

$42,683

$203,443

$246,126

Tax History

Year

Tax Paid

Assessed Value

2024

$5,923

$246,126

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$229,786

Yes

First

Oct 22, 2025

Nov 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$227,446

$18,680

92%

$1,378/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$1,378/mo

+$312/mo

8.2%

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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