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$288,000

NAL Estimated Property Value

706 ESPADA Drive B, El Paso, TX, 79912

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,878 Sq Ft
Condos / TownhousesCondos / Townhouses
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Oven, Microwave, Refrigerator
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size7,321 sqft

Building Information

Year Built1984
Roof Type105
Garage Spaces2

Land Information

APNS373-999-002A-0225
Subdivision1-A Sierra Del Sol Replat A
Land UseResidential
Legal Description2A SIERRA DEL SOL PT 2 (25.78' ON ST 207.76 FT ON SLY 54.10 FT ON W 169.53 FT ON NLY)
Census Tract001109
Assessed Land Value$49,848
Assessed Improvement Value$203,713
Assessment Year2025

About this property

This stunning 4-bedroom, 2.5-bath townhome located in the heart of the Westside, nestled against a serene arroyo, offers a peaceful retreat with views of Mount Cristo Rey and those iconic El Paso sunsets. This home ensures tranquility, as the shared walls do not directly connect with neighboring units, providing a quiet and private living experience. The master suite is conveniently located downstairs, featuring a garden tub with a backyard view, a spacious walk-in closet, and an additional bedroom on the main level. Natural light floods the home, highlighting the warmth of hardwood floors and freshly cleaned carpets. The charming kitchen includes a lovely stained-glass window above the sink. Upstairs, you'll find two generously sized bedrooms, perfect for family, guests, or a home office. Step outside to a bricked back patio and a spacious backyard, and a perfectly sized pool. The tiled 2-car garage offers ample storage. Don't miss this rare opportunity to own in one of El Paso's most desirable locations!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$195,388Estimated Mortgage Balance
$92,612Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,886
$253,561
2025
$49,848
$203,713
$253,561
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,886
$253,561

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Bank
Conventional
$199,500
No
First
Mar 10, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,388
$92,612
32%
68%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,197/mo
+$403/mo
6.7%

Learn About the Market: Opportunity in El Paso

Local Market Pages
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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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706 ESPADA Drive B | Property Details | No Agent List