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$1,541,000

NAL Estimated Property Value

701 Rim Rd, El Paso, TX, 79902

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths5,911 Sq Ft
price_per_sqft$270.51 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesCooktop, Dishwasher, Double Oven, Dryer, Refrigerator, Washer, Water Softener Owned
FlooringTile, See Remarks, Brick, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Courtyard
Lot Size17,080 sqft

Building Information

Year Built2002
Roof Type104
Garage Spaces3

Land Information

APNR479-999-0040-0100
SubdivisionRim Road
Land UseResidential
Legal Description4 RIM ROAD 1 & W 40 FT OF 2 (17080 SQ FT)
Census Tract001502
Assessed Land Value$154,877
Assessed Improvement Value$1,206,579
Assessment Year2025

About this property

Prime Scenic Drive Location - Spacious Hacienda-Style Retreat! They say location is everything in real estate—and this stunning Scenic Drive residence delivers on that and so much more. Located in one of the most sought-after neighborhoods, this expansive Hacienda-style home blends timeless charm with classic luxury. Featuring 6 bedrooms, 6 bathrooms, and a private in-law casita, this 5,911 sq ft home offers ample space for multi-generational living or entertaining. The elegant layout includes a formal dining room, living room, and a cozy family room, all thoughtfully designed for comfort and style. Step outside to your personal oasis—relax in the detached spa area or take a dip in the custom 2024-built pool. All of this sits on a beautifully landscaped 17,080 sq ft corner lot, making this property as impressive outside as it is inside. Homes like this rarely come on the market. Don't miss your chance to own a true Rim Road gem. Contact us today for a private tour

Investor Tools

Property Icon
$1,541,000
Estimated Property Value
$1,137,126Estimated Mortgage Balance
$403,874Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,594 /month
Positive
Cash Flow Estimate:
$3,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,349
$1,361,456
2025
$154,877
$1,206,579
$1,361,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$36,349
$1,361,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$1,143,750
No
First
Jan 15, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,137,126
$403,874
26%
74%
$6,858/mo

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.

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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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701 Rim Rd | Property Details | No Agent List