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$190,000

729 FALL RIVER Road, El Paso, TX, 79907

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,032 Sq Ft
price_per_sqft$184.11 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesFree-Standing Gas Oven, Gas Water Heater, Microwave, Range Hood
FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size6,000 sqft

Building Information

Year Built1973
Stories1
Roof Type183
Garage Spaces1

Land Information

APNL201-999-0040-1100
Lot Number6
SubdivisionLancaster #2
Land UseResidential
Legal Description4 LANCASTER #2 LOT 6
Census Tract004004
Assessed Land Value$27,720
Assessed Improvement Value$155,134
Assessment Year2025

About this property

Welcome to this charming home located at 729 Fall River Road in El Paso, TX! This well-maintained property offers a comfortable and functional layout perfect for everyday living. Featuring spacious living areas filled with natural light, the home provides a warm and inviting atmosphere from the moment you walk in. The kitchen offers ample cabinetry and workspace, making meal preparation both convenient and enjoyable. Bedrooms are generously sized, providing flexibility for family, guests, or a home office setup. Step outside to a sizable backyard--perfect for relaxing, entertaining, or creating your own outdoor oasis. Conveniently situated near schools, shopping, dining, and major roadways, this home offers easy access to everything El Paso has to offer while still maintaining a peaceful neighborhood feel. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this property is full of potential. Don't miss your chance to make this home your own!

Investor Tools

$178,285Estimated Mortgage Balance
$9,715Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Alexa Pena

REAL Broker LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,860
$182,854
2025
$27,720
$155,134
$182,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,860
$182,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Va
$185,836
Yes
First
Feb 2, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,285
$9,715
5%
95%
$1,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,115/mo
+$246/mo
8.7%

City: El Paso