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$390,000

NAL Estimated Property Value

704 Lakeshore Dr, El Paso, TX, 79932

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,910 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesTrash Compactor, Built-In Electric Oven, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave
FlooringTile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Courtyard
Lot Size4,883 sqft

Building Information

Year Built1977
Roof Type104
Garage Spaces2

Land Information

APNT134-999-0080-0300
Lot Number2
SubdivisionTennis West Villas
Land UseResidential
Legal Description8 TENNIS WEST VILLAS LOT 2
Census Tract010229
Assessed Land Value$56,623
Assessed Improvement Value$260,508
Assessment Year2025

About this property

Lakeside Patio Home in El Paso's Tennis West Serenity, style, and recreation await in this 3-bedroom patio home located directly on the lake in the sought-after Tennis West community. Enjoy peaceful water views, abundant wildlife, and access by optional membership to the Tennis & Pickleball Club with pool, plus an upscale lakeside restaurant and bar open to the public. Inside, an open floor plan and multiple sliding glass doors connect seamlessly to outdoor living. The large kitchen offers upgraded appliances and a charming serving window to the patio. Two living areas, a tucked-away wet bar, and an inviting courtyard add both charm and versatility. Upstairs is reserved for the private primary suite, complete with fireplace, soaking tub, double vanities, and a balcony that feels like a treehouse overlooking the lake. Roof replaced 3 years ago. Thoughtful updates throughout enhance daily comfort while preserving the home's original character.

Investor Tools

Property Icon
$390,000
Estimated Property Value
$0Estimated Mortgage Balance
$390,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,364
$317,131
2025
$56,623
$260,508
$317,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,364
$317,131

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$250/mo
+$1,170/mo
4.4%

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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704 Lakeshore Dr | Property Details | No Agent List