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$593,000

NAL Estimated Property Value

7324 Enchanted Point Dr, El Paso, TX, 79911

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,282 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Built-In Gas Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater, Water Softener Owned
FlooringTile, Carpet

Exterior

Lot Size9,515 sqft

Building Information

Year Built2023
Garage Spaces532

Land Information

APNE855-999-0350-0100
Lot Number1
SubdivisionEnchanted Hills #5
Land UseResidential
Legal DescriptionBLK 35 ENCHANTED HILLS #5 LOT 1
Census Tract010220
Assessed Land Value$109,561
Assessed Improvement Value$367,496
Assessment Year2025

About this property

Just across from the Outlet Shoppes of El Paso, this stunning 4-bedroom, 3-bath masterpiece in Enchanted Hills offers the perfect blend of modern luxury and everyday comfort. Built in 2023 by Cullers Homes, this property sits on a spacious corner lot and features high-end upgrades throughout—with no new Cullers inventory currently available in the area, this is a rare opportunity you won't want to miss. Behind the front courtyard, step into a welcoming foyer and a beautifully open layout. The living room impresses with a cultured stone fireplace framed by custom built-ins, quartz-topped cabinetry, and designer shelving. The kitchen is equally impressive, featuring upgraded 3' quartz countertops, a stylish backsplash, and a layout that's perfect for hosting. One of the four bedrooms serves as a private junior suite with its own full bath—ideal for guests or multigenerational living. The owner's retreat is truly next-level, boasting a spa-like ensuite with a soaking garden tub, dual-head walk-in shower including a rainfall fixture, and a spacious walk-in closet. Shutters throughout the home add a crisp, modern finish, while a built-in laundry room sink adds function with style. The backyard is designed for entertaining and relaxing alike, complete with a covered patio, custom Cantera stone firepit with built-in seating, and a pergola for shade and charm. Even the decorative carriage at the corner adds curb appeal and character. Meticulously cared for by its original owner, this home shows like a modelclean, pristine, and absolutely move-in ready. With no new Cullers inventory available in this area, this home stands as one of the few chances to own a like-new property with the quality and detail Cullers is known for.

Investor Tools

Property Icon
$593,000
Estimated Property Value
$486,375Estimated Mortgage Balance
$106,625Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,757
$477,057
2025
$109,561
$367,496
$477,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,757
$477,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Lending Group Inc
Fha
$506,976
Yes
First
Feb 1, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,375
$106,625
17%
82%
$3,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$3,040/mo
$-540/mo
5.1%

City: El Paso

7324 Enchanted Point Dr | Property Details | No Agent List