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$317,000

NAL Estimated Property Value

7441 RED CEDAR Drive, El Paso, TX, 79911

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,671 Sq Ft
price_per_sqft$191.5 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Refrigerator
FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size5,266 sqft

Building Information

Year Built2015
Roof Type104
Garage Spaces2

Land Information

APND465-999-0120-0400
Lot Number4
SubdivisionDesert Springs #1
Land UseResidential
Legal DescriptionBLK 12 DESERT SPRINGS #1 LOT 4
Census Tract010220
Assessed Land Value$72,949
Assessed Improvement Value$228,711
Assessment Year2025

About this property

In the Desert Springs subdivision is where you'll find this wonderful home. With mountain views and close proximity to walking trails, parks, a major hospital and all the shopping, dinning and entertainment you could want! This 3 bed 2.5 bath home is ready to go! Granite counter-tops, tile and carpet flooring, elegant accent lighting and no back neighbors! This is the one you want to see!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$256,705Estimated Mortgage Balance
$60,295Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
$21/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,055
$301,660
2025
$72,949
$228,711
$301,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,055
$301,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$275,975
No
First
Aug 2, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,705
$60,295
19%
81%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,676/mo
+$824/mo
9.5%

City: El Paso