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$276,000

NAL Estimated Property Value

7618 Monterrey Dr, El Paso, TX, 79915

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,361 Sq Ft
price_per_sqft$76.03 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Gas Cooktop
FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size8,158 sqft

Building Information

Year Built1950
Stories1
Roof Type106

Land Information

APNH012-999-0040-6400
Lot Number23
SubdivisionHacienda Heights
Land UseResidential
Legal Description4 HACIENDA HEIGHTS #2 LOT 23
Census Tract004201
Assessed Land Value$34,590
Assessed Improvement Value$156,695
Assessment Year2025

About this property

Step into timeless charm with this 3-bedroom, 2-bathroom home offering 2361 sqft of inviting interior space. Thoughtful details throughout include a cozy fireplace in the main living area and elegant archways that add character and warmth. The living and dining spaces offer flexibility for gatherings or quiet moments, and the galley-style kitchen features ample prep space. Sliding glass doors open to a spacious backyard patio ideal for outdoor living. The extended driveway and block wall fencing offer added convenience and privacy. With classic design touches and plenty of room to personalize, this property is ready to welcome its next chapter. Located with easy access to major roads, shopping, and local amenities, this is an exceptional opportunity to own a home with soul in the heart of El Paso.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$171,511Estimated Mortgage Balance
$104,489Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,926
$191,285
2025
$34,590
$156,695
$191,285
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,926
$191,285

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$173,794
Yes
First
Aug 25, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,511
$104,489
37%
62%
$1,042/mo

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.

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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7618 Monterrey Dr | Property Details | No Agent List