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Owner Contacts

$320,000

7657 Red Cedar Dr, El Paso, TX, 79911

Under Contract

3 Beds

4 Bath

2,028 Sq Ft

Single Family Residence

$168.11 / sqft

Built in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Forced Air Unit

Cooling

AppliancesFree-Standing Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Softener Owned

FlooringTile, Carpet

Exterior

Private Pool

Lot Size5,657 sqft

Building Information

Year Built2014

Roof Type104

Garage Spaces2

Land Information

APND465-999-0010-1500

Lot Number15

SubdivisionDesert Springs #1

Land UseResidential

Legal DescriptionBLK 1 DESERT SPRINGS #1 LOT 15

Census Tract010220

Assessed Land Value$76,424

Assessed Improvement Value$264,509

Assessment Year2025

About this property

Welcome to this beautiful 3 bedroom plus loft, 2.5 bath home on a CORNER LOT in the desirable Desert Springs subdivision! NO NEIGHBORS BEHIND! This home features a spacious living room that flows into a formal dining room, and a kitchen with an island, a pantry, and stainless-steel appliances. The master suite is downstairs and offers a walk-in closet, a dual vanity, and a garden tub. The large loft is perfect for a game room, an office, or a family room. Enjoy the REFRIGERATED AIR, the WATER SOFTNER system, and the gazebo in the backyard. This home is located on a quiet cul-de-sac and has easy access to I-10, shopping, and schools. 22 MIN TO FORT BLISS! Don't miss this opportunity to own this lovely home!

Investor Tools

$340,933

Estimated Property Value

$0Estimated Mortgage Balance

$340,933Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,046 /month

Positive

Cash Flow Estimate:

$682 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$673/month

$10/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,377

$340,933

2025

$76,424

$264,509

$340,933

Tax History

Year

Tax Paid

Assessed Value

2024

$6,377

$340,933

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$340,933

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,500/mo

$10/mo

+$2,490/mo

8.8%

Learn About the Market: Opportunity in El Paso

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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.

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